IFSC Code, MICR Codes for BANK OF INDIA in MAHARASHTRA - MUMBAI - MUMBAI - WODEHOUSE ROAD C P BANKING

BANK OF INDIA RTGS HO Branch in MUMBAI - Address, IFSC, MICR Code


IFSC Code

BKID0000048

MICR Code

400013058

Branch

WODEHOUSE ROAD C P BANKING

Contact

2215063422

Address

SETH M.F. PANDAY CHARIBUILDING 108-110 WOD

City

MUMBAI

District

MUMBAI

State

MAHARASHTRA





What is IFSC Code of BANK OF INDIA situated at WODEHOUSE ROAD C P BANKING- RTGS-HO?
IFSC Code of BANK OF INDIA situated at WODEHOUSE ROAD C P BANKING - RTGS-HO is

BKID0000048

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.