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

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


IFSC Code

BKID0005430

MICR Code

768013001

Branch

SAMBALPUR

Contact

6632520841

Address

KALIBARIV.S.S. MARGSAMBALPUR

City

SAMBALPUR

District

SAMBALPUR

State

ODISHA





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

BKID0005430

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.