IFSC Code, MICR Codes for BANK OF INDIA in MAHARASHTRA - SANGVE (DIST.SINDHUDURG) - SANGVE (DIST.SINDHUDURG) - SANGAVE

BANK OF INDIA RTGS HO Branch in SANGVE (DIST.SINDHUDURG) - Address, IFSC, MICR Code


IFSC Code

BKID0001418

MICR Code

416013560

Branch

SANGAVE

Contact

2367246230

Address

SHREE SAMADHI PURUSH HITCHINTAK MANDALSAMAJ KALYAN KENDRA SANGAVETAL KANKAVALI

City

SANGVE (DIST.SINDHUDURG)

District

SANGVE (DIST.SINDHUDURG)

State

MAHARASHTRA





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

BKID0001418

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.