IFSC Code, MICR Codes for BANK OF INDIA in MAHARASHTRA - PALGAD (TAL.DAPOLI DIST RATNAGIRI) - PALGAD (TAL.DAPOLI DIST RATNAGIRI) - PALGAD

BANK OF INDIA RTGS HO Branch in PALGAD (TAL.DAPOLI DIST RATNAGIRI) - Address, IFSC, MICR Code


IFSC Code

BKID0001422

MICR Code

415013531

Branch

PALGAD

Contact

2358237043

Address

BAZAR PETH AT & POST PALGADTALUKA DAPOLI DIST.RATNAGIRI

City

PALGAD (TAL.DAPOLI DIST RATNAGIRI)

District

PALGAD (TAL.DAPOLI DIST RATNAGIRI)

State

MAHARASHTRA





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

BKID0001422

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.