IFSC Code, MICR Codes for BANK OF INDIA in WEST BENGAL - BERHAMPUR - BERHAMPUR - KHAGRA

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


IFSC Code

BKID0005016

MICR Code

742013004

Branch

KHAGRA

Contact

3482268072

Address

7A RATAN SAHA ROADVILL-KHAGRAP.O-KHAGRADIST-MURSHIDABAD

City

BERHAMPUR

District

BERHAMPUR

State

WEST BENGAL





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

BKID0005016

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.