IFSC Code, MICR Codes for BANK OF INDIA in MAHARASHTRA - PALGHAR DT THANE MAHARASHTRA - PALGHAR DT THANE MAHARASHTRA - PALGHAR

BANK OF INDIA RTGS HO Branch in PALGHAR DT THANE MAHARASHTRA - Address, IFSC, MICR Code


IFSC Code

BKID0001250

MICR Code

400013156

Branch

PALGHAR

Contact

2525250235

Address

RAVIRAJ APARTMENTBHAUSAHEB DANDEKAR MARGOFF. MAHIM ROAD

City

PALGHAR DT THANE MAHARASHTRA

District

PALGHAR DT THANE MAHARASHTRA

State

MAHARASHTRA





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

BKID0001250

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.