IFSC Code, MICR Codes for BANK OF INDIA in WEST BENGAL - KOLKATA - KOLKATA - MICHAEL NAGAR

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


IFSC Code

BKID0004325

MICR Code

700013062

Branch

MICHAEL NAGAR

Contact

25675094

Address

AT & POST MICHAEL NAGARDIST.NORTH 24 PARGANAS

City

KOLKATA

District

KOLKATA

State

WEST BENGAL





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

BKID0004325

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.