IFSC Code, MICR Codes for BANK OF INDIA in MAHARASHTRA - SHALGAON (DIST SANGLI) - SHALGAON (DIST SANGLI) - SHALGAON

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


IFSC Code

BKID0001606

MICR Code

415013510

Branch

SHALGAON

Contact

2347245103

Address

HOUSE NO.253AT. & P.O.SHALGAONTALUKA KHANAPUR DIST SANGLI

City

SHALGAON (DIST SANGLI)

District

SHALGAON (DIST SANGLI)

State

MAHARASHTRA





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

BKID0001606

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.