IFSC Code, MICR Codes for BANK OF INDIA in MAHARASHTRA - RALEGAON (MH) - RALEGAON (MH) - RALEGAON

BANK OF INDIA RTGS HO Branch in RALEGAON (MH) - Address, IFSC, MICR Code


IFSC Code

BKID0000638

MICR Code

445013507

Branch

RALEGAON

Contact

7202225121

Address

PLOT NO.300 WARD NO.6 MATA NAGARWEEKLY BAZAR CHOWK RALEGAON (DIST-YAVATMAL)

City

RALEGAON (MH)

District

RALEGAON (MH)

State

MAHARASHTRA





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

BKID0000638

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.