IFSC Code, MICR Codes for BANK OF INDIA in PUNJAB - LUDHIANA - LUDHIANA - SHAHEED UDHAM SINGH NAGAR

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


IFSC Code

BKID0006536

MICR Code

141013016

Branch

SHAHEED UDHAM SINGH NAGAR

Contact

1612303358

Address

SCF-2 UDHAM SINGH NAGARLUDHIANA

City

LUDHIANA

District

LUDHIANA

State

PUNJAB





What is IFSC Code of BANK OF INDIA situated at SHAHEED UDHAM SINGH NAGAR- RTGS-HO?
IFSC Code of BANK OF INDIA situated at SHAHEED UDHAM SINGH NAGAR - RTGS-HO is

BKID0006536

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.