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

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


IFSC Code

BKID0001242

MICR Code

402013519

Branch

PANGLOLI

Contact

2149235002

Address

AT & POST PANGLOLIVIA AMBET TAL. MHASALA DIST RAIGAD

City

PANGLOLI (DIST RAIGAD)

District

PANGLOLI (DIST RAIGAD)

State

MAHARASHTRA





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

BKID0001242

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.