IFSC Code, MICR Codes for BANK OF INDIA in ODISHA - BARIPADA - BARIPADA - MURGABADI

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


IFSC Code

BKID0005450

MICR Code

757013003

Branch

MURGABADI

Contact

0

Address

AT - MURGABADI GOLEI WARD NO. 21BARIPADA PO MAYURBHANJ

City

BARIPADA

District

BARIPADA

State

ODISHA





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

BKID0005450

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.