IFSC Code, MICR Codes for BANK OF INDIA in MAHARASHTRA - MANGAON (RAIGAD) - MANGAON (RAIGAD) - MORBA

BANK OF INDIA RTGS HO Branch in MANGAON (RAIGAD) - Address, IFSC, MICR Code


IFSC Code

BKID0001256

MICR Code

402013531

Branch

MORBA

Contact

8879126120

Address

BANK OF INDIA MORBA BRANCHDHANSE COMPLEXAT & POST MORBATALUKA MANGAONDIST. RAIGAD

City

MANGAON (RAIGAD)

District

MANGAON (RAIGAD)

State

MAHARASHTRA





What is IFSC Code of BANK OF INDIA situated at MORBA- RTGS-HO?
IFSC Code of BANK OF INDIA situated at MORBA - RTGS-HO is

BKID0001256

What is the meaning of IFSC Code, MICR Codes in Banking industry?
IFSC or Indian Financial System Code is the code allocated to all banks branches. Bank branches use this code to participate in RTGS and NEFT transactions.

What is the significance of IFSC Code and how we can use it?
IFSC Code is a 11 digit code and we can use this code to communicate between different branches of different banks. Upon receiving the request for fund transfer it is easy for a bank to identify the payee branch. First four characters are code of bank, last six digits are branch code and fifth character is left 0, for any future use.