IFSC Code, MICR Codes for BANK OF INDIA in ODISHA - CUTTACK - CUTTACK - BAHUGRAM

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


IFSC Code

BKID0005125

MICR Code

NA

Branch

BAHUGRAM

Contact

6712358555

Address

AT/PO-BAHUGRAMDIST-CUTTACKODISHA-754200

City

CUTTACK

District

CUTTACK

State

ODISHA





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

BKID0005125

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.