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

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


IFSC Code

BKID0008371

MICR Code

632013302

Branch

GUDIYATHAM

Contact

7418390686

Address

ANUSHREE COMPLEX 10 RAILWAY STATION ROAD NEAR VAI DEESWARAN NAGAR

City

GUDIYATHAM

District

VELLORE

State

TAMIL NADU





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

BKID0008371

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.