IFSC Code, MICR Codes for BANK OF INDIA in ODISHA - BANCHO (DIST KEONJHAR) - BANCHO (DIST KEONJHAR) - BANCHO

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


IFSC Code

BKID0005425

MICR Code

758013523

Branch

BANCHO

Contact

6731271662

Address

AT & P.O. BANCHOVIA FAKIRPURDIST KEONJHAR

City

BANCHO (DIST KEONJHAR)

District

BANCHO (DIST KEONJHAR)

State

ODISHA





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

BKID0005425

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.