IFSC Code, MICR Codes for BANK OF INDIA in PUNJAB - DAD (DISTT. LUDHIANA) - DAD (DISTT. LUDHIANA) - DAD

BANK OF INDIA RTGS HO Branch in DAD (DISTT. LUDHIANA) - Address, IFSC, MICR Code


IFSC Code

BKID0006538

MICR Code

141013017

Branch

DAD

Contact

1612173467

Address

NEAR BHAI WALA GURUDWARA OPP. GREWAL PETROLPAKHOWAL ROAD V.P.O. DAD

City

DAD (DISTT. LUDHIANA)

District

DAD (DISTT. LUDHIANA)

State

PUNJAB





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

BKID0006538

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.