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

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


IFSC Code

BKID0006516

MICR Code

148013176

Branch

IMALAUDH

Contact

1612857221

Address

MALAUDHDISTRICT LUDHIANA

City

MALADUH

District

MALADUH

State

PUNJAB





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

BKID0006516

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.