IFSC Code, MICR Codes for BANK OF INDIA in MAHARASHTRA - MITHBAV (TAL DEVGAD DIST RATNAGIRI) - MITHBAV (TAL DEVGAD DIST RATNAGIRI) - MITHBAV

BANK OF INDIA RTGS HO Branch in MITHBAV (TAL DEVGAD DIST RATNAGIRI) - Address, IFSC, MICR Code


IFSC Code

BKID0001407

MICR Code

416013554

Branch

MITHBAV

Contact

2364238228

Address

AT & POST MITHBAVTALUKA DEVGADDIST RATNAGIRI

City

MITHBAV (TAL DEVGAD DIST RATNAGIRI)

District

MITHBAV (TAL DEVGAD DIST RATNAGIRI)

State

MAHARASHTRA





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

BKID0001407

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.