IFSC Code, MICR Codes for BANK OF INDIA in PUNJAB - BANGA - BANGA - BANGA

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


IFSC Code

BKID0006420

MICR Code

144013502

Branch

BANGA

Contact

1823261026

Address

SHIVLIK COMPLEXOPP. RAI PETROL PUMP

City

BANGA

District

BANGA

State

PUNJAB





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

BKID0006420

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.