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

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


IFSC Code

BKID0005104

MICR Code

753013503

Branch

RAGADI

Contact

672620438

Address

AT & POST RAGADIVIA JAJPUR KEONJHAR ROAD DIST JAJPUR

City

RAGADI (DIST. JAJPUR)

District

RAGADI (DIST. JAJPUR)

State

ODISHA





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

BKID0005104

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.