IFSC Code, MICR Codes for BANK OF INDIA in PUNJAB - AMRITSAR - AMRITSAR - RANJIT AVENUE

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


IFSC Code

BKID0006308

MICR Code

143013009

Branch

RANJIT AVENUE

Contact

1832500890

Address

S.C.O.10 BLOCK BRANJIT AVENUE AMRITSAR

City

AMRITSAR

District

AMRITSAR

State

PUNJAB





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

BKID0006308

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.