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

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


IFSC Code

BKID0001604

MICR Code

416013542

Branch

PED

Contact

2346246058

Address

267/2 KISMAT MANZILAT & POST PED TALUKA TASGAON DIST SANGLI

City

PED (DIST. SANGLI)

District

PED (DIST. SANGLI)

State

MAHARASHTRA





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

BKID0001604

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.