IFSC Code, MICR Codes for BANK OF INDIA in TAMIL NADU - CHENNAI - CHENNAI - BULLION BANKING BRANCH

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


IFSC Code

BKID0008031

MICR Code

600013032

Branch

BULLION BANKING BRANCH

Contact

4428151557

Address

6TH FLOOR PRASHANTH REAL GOLD TOWERSNORTH USMAN ROADT.NAGARCHENNAI

City

CHENNAI

District

CHENNAI

State

TAMIL NADU





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

BKID0008031

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.