IFSC Code, MICR Codes for BANK OF INDIA in ODISHA - NAYAGARH (ORISSA) - NAYAGARH (ORISSA) - NAYAGARH

BANK OF INDIA RTGS HO Branch in NAYAGARH (ORISSA) - Address, IFSC, MICR Code


IFSC Code

BKID0005581

MICR Code

752013102

Branch

NAYAGARH

Contact

6753253254

Address

PLOT NO.2159/3557 COLLEGE ROAD NAYAGARH POST/DIST:NAYAGARH ODISHA-752059

City

NAYAGARH (ORISSA)

District

NAYAGARH (ORISSA)

State

ODISHA





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

BKID0005581

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.