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

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


IFSC Code

BKID0006593

MICR Code

148013252

Branch

SUNAM

Contact

0

Address

BANK OF INDIA SUNAM BRANCH MAIN JAKHAL ROADNEAR OLD BOMBAY PALACE SUNAM DIST. SANGRUR 14

City

SUNAM

District

SUNAM

State

PUNJAB





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

BKID0006593

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.