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

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


IFSC Code

BKID0000629

MICR Code

WAITING

Branch

ALANDI

Contact

9922066123

Address

MANAS BUILDING DEHU PHATA TAPKIR NAGAR ALANDI 412105

City

ALANDI

District

PUNE

State

MAHARASHTRA





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

BKID0000629

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.