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

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


IFSC Code

BKID0005356

MICR Code

756013102

Branch

RANDIA

Contact

6784240127

Address

AT & POST RANDIAHATVIA BHADRAK DIST BHADRAK

City

RANDIA (DIST. BHADRAK)

District

RANDIA (DIST. BHADRAK)

State

ODISHA





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

BKID0005356

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.