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

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


IFSC Code

BKID0001212

MICR Code

400013110

Branch

PANVEL

Contact

2745278935

Address

VASANT VAIBHAV 1262 B SHIVAJI ROADNEAR MANISH MARKET PANVEL DISTT. RAIGAD

City

PANVEL

District

PANVEL

State

MAHARASHTRA





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

BKID0001212

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.