IFSC Code, MICR Codes for BANK OF INDIA in MAHARASHTRA - THANE - THANE - BOISAR

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


IFSC Code

BKID0000092

MICR Code

400013114

Branch

BOISAR

Contact

2525272758

Address

RAJAS APARTMENTBOISAR PALGHAR ROAD

City

THANE

District

THANE

State

MAHARASHTRA





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

BKID0000092

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.