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

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


IFSC Code

BKID0005557

MICR Code

751013501

Branch

DASPALLA

Contact

6757220580

Address

MAIN ROAD AT & POST : DASPALLADIST.NAYAGARH

City

DASPALLA

District

DASPALLA

State

ODISHA





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

BKID0005557

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.