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

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


IFSC Code

BKID0008369

MICR Code

631013102

Branch

SHOLINGHUR

Contact

4172261007

Address

NEW NO.48OLD NO.9ARAKONAM ROADSHOLINGHURVELLORE

City

SHOLINGHUR

District

SHOLINGHUR

State

TAMIL NADU





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

BKID0008369

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.