IFSC Code, MICR Codes for BANK OF INDIA in TAMIL NADU - RAJALPALAYAM - RAJALPALAYAM - RAJAPALAYAM

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


IFSC Code

BKID0008151

MICR Code

626013102

Branch

RAJAPALAYAM

Contact

4563220733

Address

402 TENKASI ROADRAJAPALAYAM

City

RAJALPALAYAM

District

RAJALPALAYAM

State

TAMIL NADU





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

BKID0008151

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.