IFSC Code, MICR Codes for BANK OF INDIA in RAJASTHAN - KOTA - KOTA - KOTA

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


IFSC Code

BKID0006620

MICR Code

324013004

Branch

KOTA

Contact

7442380694

Address

RAMPURA BAZARKOTA CITY POST OFFICE

City

KOTA

District

KOTA

State

RAJASTHAN





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

BKID0006620

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.