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

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


IFSC Code

BKID0000556

MICR Code

411013053

Branch

NIGDI

Contact

2020275544

Address

PLOT NO 158 SECTOR NO 23 PCNTDATRANSPORT NAGAR NIGDI PUNE 411044

City

PUNE

District

PUNE

State

MAHARASHTRA





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

BKID0000556

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.