IFSC Code, MICR Codes for BANK OF INDIA in MAHARASHTRA - PAONI (DIST.NAGPUR) - PAONI (DIST.NAGPUR) - PAONI

BANK OF INDIA RTGS HO Branch in PAONI (DIST.NAGPUR) - Address, IFSC, MICR Code


IFSC Code

BKID0008741

MICR Code

440013519

Branch

PAONI

Contact

7114276146

Address

AT PAONITEHSIL RAMTEK DIST. NAGPUR

City

PAONI (DIST.NAGPUR)

District

PAONI (DIST.NAGPUR)

State

MAHARASHTRA





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

BKID0008741

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.