IFSC Code, MICR Codes for BANK OF INDIA in MAHARASHTRA - SANGLI - SANGLI - BHILWADI STATION

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


IFSC Code

BKID0001621

MICR Code

416013577

Branch

BHILWADI STATION

Contact

0

Address

CHITALE DAIRY CAMPUS A/P BHILWADI STATIONTALUKA -PALUS

City

SANGLI

District

SANGLI

State

MAHARASHTRA





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

BKID0001621

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.