IFSC Code, MICR Codes for BANK OF INDIA in MAHARASHTRA - NAGPUR - NAGPUR - RESHIMBAG

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


IFSC Code

BKID0008705

MICR Code

440013011

Branch

RESHIMBAG

Contact

7122744622

Address

PLOT NO. 528/AJUNI SHUKRAWARI ROADGAJANAN MAHARAJ CHOWK SAKKARDARA NAGPUR

City

NAGPUR

District

NAGPUR

State

MAHARASHTRA





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

BKID0008705

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.