IFSC Code, MICR Codes for BANK OF INDIA in TAMIL NADU - MADURAI - MADURAI - MATTUTHAVANI

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


IFSC Code

BKID0008353

MICR Code

625013012

Branch

MATTUTHAVANI

Contact

4522583990

Address

TWAD BOARD COMPLEX NO 7GANESH NAGAR OPP. MATTUTHAVANI BUS ST

City

MADURAI

District

MADURAI

State

TAMIL NADU





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

BKID0008353

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.