IFSC Code, MICR Codes for BANK OF INDIA in ODISHA - DHANKAUDA (DIST. SAMBALPUR) - DHANKAUDA (DIST. SAMBALPUR) - DHANKAUDA

BANK OF INDIA RTGS HO Branch in DHANKAUDA (DIST. SAMBALPUR) - Address, IFSC, MICR Code


IFSC Code

BKID0005431

MICR Code

768013101

Branch

DHANKAUDA

Contact

6632412475

Address

AT & P.O. DHANKAUDADIST. SAMBALPUR

City

DHANKAUDA (DIST. SAMBALPUR)

District

DHANKAUDA (DIST. SAMBALPUR)

State

ODISHA





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

BKID0005431

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.