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

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


IFSC Code

BKID0005488

MICR Code

757013544

Branch

KOSTHA

Contact

0

Address

AT/PO-KOSTHADIST-MAYURBHANJKOSTHA

City

KOSTHA

District

KOSTHA

State

ODISHA





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

BKID0005488

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.