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

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


IFSC Code

BKID0000200

MICR Code

400013001

Branch

MUMBAI SERVICE

Contact

2204968228

Address

MUMBAI SERVICE BRANCH REGENT CHAMBERS11TH FLOOR NARIMAN POINT MUMBAI 400 021

City

MUMBAI

District

MUMBAI

State

MAHARASHTRA





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

BKID0000200

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.