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

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


IFSC Code

BKID0005593

MICR Code

767013501

Branch

PATNAGARH

Contact

6658223023

Address

BLOCK CHHAKAT/PO-PATANAGARHDIST-BOLANGIRODISHA

City

PATNAGARH

District

PATNAGARH

State

ODISHA





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

BKID0005593

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.