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

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


IFSC Code

BKID0006413

MICR Code

144013010

Branch

PATARA

Contact

1812705802

Address

VILLAGE & P. O. PATARADISTRICT JALANDHAR

City

JALLANDHAR

District

JALLANDHAR

State

PUNJAB





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

BKID0006413

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.