IFSC Code, MICR Codes for BANK OF INDIA in MAHARASHTRA - NERE (DIST RAIGAD) - NERE (DIST RAIGAD) - NERE

BANK OF INDIA RTGS HO Branch in NERE (DIST RAIGAD) - Address, IFSC, MICR Code


IFSC Code

BKID0001231

MICR Code

410013508

Branch

NERE

Contact

2143238142

Address

PANVEL MATHERAN ROADAT & POST NERE TAL PANVEL DIST RAIGAD

City

NERE (DIST RAIGAD)

District

NERE (DIST RAIGAD)

State

MAHARASHTRA





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

BKID0001231

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.