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

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


IFSC Code

BKID0006523

MICR Code

141013102

Branch

KHANNA

Contact

1628237796

Address

GURU AMAR DAS MARKETG. T. ROAD

City

KHANNA

District

KHANNA

State

PUNJAB





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

BKID0006523

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.