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

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


IFSC Code

BKID0005471

MICR Code

757013532

Branch

SIMILIPAL

Contact

6797296514

Address

AT & P.O. DURDURAVIA JASHIPUR DIST. MAYURBHANJ

City

SIMILIPAL (DIST. MAYURBHANJ)

District

SIMILIPAL (DIST. MAYURBHANJ)

State

ODISHA





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

BKID0005471

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.