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

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


IFSC Code

BKID0001230

MICR Code

402013521

Branch

RAMRAJ

Contact

2141261337

Address

AT & POST RAMRAJTALUKA ALIBAGDIST RAIGAD

City

RAMRAJ (DIST RAIGAD)

District

RAMRAJ (DIST RAIGAD)

State

MAHARASHTRA





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

BKID0001230

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.