IFSC Code, MICR Codes for BANK OF INDIA in PUNJAB - HOSHIARPUR - HOSHIARPUR - BASSI BAZID

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


IFSC Code

BKID0006324

MICR Code

WAITING

Branch

BASSI BAZID

Contact

9463849438

Address

BANK OF INDIA BASSI BAZID BRANCH MAIN ROAD V PO BASSI BAZID PIN 144208

City

HOSHIARPUR

District

HOSHIARPUR

State

PUNJAB





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

BKID0006324

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.