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

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


IFSC Code

BKID0006529

MICR Code

141013007

Branch

LUDHIANA SSI

Contact

1612601233

Address

LUDHIANA SSI BRANCH223 INDUSTRIAL AREA-A

City

LUDHIANA

District

LUDHIANA

State

PUNJAB





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

BKID0006529

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.