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

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


IFSC Code

BKID0008715

MICR Code

440013022

Branch

BUTIBORI

Contact

7103

Address

MAIN ROAD BUTIBORIDIST. NAGPUR

City

NAGPUR

District

NAGPUR

State

MAHARASHTRA





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

BKID0008715

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.