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

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


IFSC Code

BKID0001203

MICR Code

402013520

Branch

POLADPUR

Contact

2191240032

Address

POLADPURDISTRICT RAIGAD

City

POLADPUR (DIST RAIGAD)

District

POLADPUR (DIST RAIGAD)

State

MAHARASHTRA





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

BKID0001203

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.