IFSC Code, MICR Codes for BANK OF INDIA in TAMIL NADU - AVINASHI - AVINASHI - AVINASHI BRANCH

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


IFSC Code

BKID0008219

MICR Code

641013105

Branch

AVINASHI BRANCH

Contact

4296271500

Address

D NO 3./45 WARD NO 3SHRINIVASAPURAM

City

AVINASHI

District

AVINASHI

State

TAMIL NADU





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

BKID0008219

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.