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

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


IFSC Code

BKID0000553

MICR Code

411013048

Branch

SATARA ROAD

Contact

2024360050

Address

KADAM PLAZA SHRADDHANEKETAN OPP. BHARATIVIDYAPEETH PLOT NO X A1 SURVEY NO 7/1 KAT

City

PUNE

District

PUNE

State

MAHARASHTRA





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

BKID0000553

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.