IFSC Code, MICR Codes for BANK OF INDIA in MAHARASHTRA - MUMBAI - MUMBAI - BANDRA RECLAMATION

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


IFSC Code

BKID0000094

MICR Code

400013096

Branch

BANDRA RECLAMATION

Contact

2640097226

Address

PINHEIRO APARTMENT19-A ST.JOHN BAPTIST ROAD

City

MUMBAI

District

MUMBAI

State

MAHARASHTRA





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

BKID0000094

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.