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

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


IFSC Code

BKID0001414

MICR Code

415013527

Branch

SANGAMESHWAR

Contact

2354252037

Address

H.NO. 34/35 MAIN ROADAT & POST SANGAMESHWAR

City

SANGAMESHWAR

District

SANGAMESHWAR

State

MAHARASHTRA





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

BKID0001414

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.