IFSC Code, MICR Codes for BANK OF INDIA in MAHARASHTRA - NASIK - NASIK - MAKHAMALABAD

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


IFSC Code

BKID0000808

MICR Code

422013005

Branch

MAKHAMALABAD

Contact

2532530571

Address

CITY SURVEY NO.490/492AT & POST MAKHAMALABAD

City

NASIK

District

NASIK

State

MAHARASHTRA





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

BKID0000808

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.