IFSC Code, MICR Codes for BANK OF INDIA in MAHARASHTRA - MUMBAI - MUMBAI - MARVE ROAD

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


IFSC Code

BKID0000172

MICR Code

400013171

Branch

MARVE ROAD

Contact

2228801025

Address

TRIVENI COOP HOUSING SOCIETY LTD. SHOP NO.8MARVE ROADMITH CHOWKI JUNCTION MALAD (W)

City

MUMBAI

District

MUMBAI

State

MAHARASHTRA





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

BKID0000172

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.