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

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


IFSC Code

BKID0005211

MICR Code

769013503

Branch

KUARMUNDA

Contact

6612618335

Address

AT & POST KUARMUNDADISTRICT SUNDERGARH

City

KUARMUNDA (DIST. SUNDERGARH)

District

KUARMUNDA (DIST. SUNDERGARH)

State

ODISHA





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

BKID0005211

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.