IFSC Code, MICR Codes for BANK OF INDIA in MAHARASHTRA - SAWARDE (MAHARASHTRA) - SAWARDE (MAHARASHTRA) - SAVARDE BRANCH

BANK OF INDIA RTGS HO Branch in SAWARDE (MAHARASHTRA) - Address, IFSC, MICR Code


IFSC Code

BKID0001421

MICR Code

415013530

Branch

SAVARDE BRANCH

Contact

2355264244

Address

PAWAR SAW MILL BUILDING NEAR NEW ENGLISH -SCHOOL SAWARDE TAL CHIPLUN DIST RATNAGIRI

City

SAWARDE (MAHARASHTRA)

District

SAWARDE (MAHARASHTRA)

State

MAHARASHTRA





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

BKID0001421

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.