IFSC Code, MICR Codes for BANK OF INDIA in ODISHA - BHUBANESHWAR - BHUBANESHWAR - SAHID NAGAR

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


IFSC Code

BKID0005551

MICR Code

751013005

Branch

SAHID NAGAR

Contact

6742545386

Address

A/123 SAHID NAGARBHUBANESHWAR

City

BHUBANESHWAR

District

BHUBANESHWAR

State

ODISHA





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

BKID0005551

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.