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

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


IFSC Code

BKID0000693

MICR Code

425013052

Branch

SHIRPUR

Contact

2563251056

Address

R.K.COMPLEX NEHRU ROAD NEAR BUS STANDWARWADE TAL SHIRPUR DISTT DHULE

City

SHIRUR

District

SHIRUR

State

MAHARASHTRA





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

BKID0000693

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.