IFSC Code, MICR Codes for BANK OF INDIA in MAHARASHTRA - YAVATMAL - YAVATMAL - DARWAH

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


IFSC Code

BKID0000635

MICR Code

445013504

Branch

DARWAH

Contact

7238254051

Address

DARWAH BRANCH NEAR NAGAR PARISHADSHAKUNTAL COMPLEX MAIN ROAD DARWAH

City

YAVATMAL

District

YAVATMAL

State

MAHARASHTRA





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

BKID0000635

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.