IFSC Code, MICR Codes for BANK OF INDIA in TAMIL NADU - CHENNAI - CHENNAI - MYLAPORE HOUSING PERSONAL BA

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


IFSC Code

BKID0008023

MICR Code

600013039

Branch

MYLAPORE HOUSING PERSONAL BA

Contact

4428117450

Address

..

City

CHENNAI

District

CHENNAI

State

TAMIL NADU





What is IFSC Code of BANK OF INDIA situated at MYLAPORE HOUSING PERSONAL BA- RTGS-HO?
IFSC Code of BANK OF INDIA situated at MYLAPORE HOUSING PERSONAL BA - RTGS-HO is

BKID0008023

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.