IFSC Code, MICR Codes for BANK OF INDIA in PUNJAB - PATIALA - PATIALA - RAJPURA TOWNSHIP

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


IFSC Code

BKID0006561

MICR Code

140013402

Branch

RAJPURA TOWNSHIP

Contact

1762224067

Address

PLOT NO. 10 I.T.I. CHOWKWARD NO. 11 PATIALA ROAD

City

PATIALA

District

PATIALA

State

PUNJAB





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

BKID0006561

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.