IFSC Code, MICR Codes for BANK OF INDIA in TAMIL NADU - AREPALAYAM (DIST. ERODE) - AREPALAYAM (DIST. ERODE) - AREPALAYAM

BANK OF INDIA RTGS HO Branch in AREPALAYAM (DIST. ERODE) - Address, IFSC, MICR Code


IFSC Code

BKID0008213

MICR Code

638013403

Branch

AREPALAYAM

Contact

4295244227

Address

P.O.AREPALAYAMBLOCK THALAVADY DIST ERODE

City

AREPALAYAM (DIST. ERODE)

District

AREPALAYAM (DIST. ERODE)

State

TAMIL NADU





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

BKID0008213

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.