Latest details of Bank: Bank Of India
CHILIDA BANK OF INDIA
CHILIDA
AT AND PO CHILIDAVIA TURUMUNGA
9938555069
IFSC: BKID0005428
DHANKAUDA BANK OF INDIA
DHANKAUDA
AT PO DHANKAUDADIST SAMBALPUR
6632412475
IFSC: BKID0005431
NARANPUR BANK OF INDIA
NARANPUR
AT POST NARANPURDISTT KEONJHAR
6766212181
IFSC: BKID0005436
NAYAGARH BANK OF INDIA
NAYAGARH
AT PO NAYAGARHDISTT KEONJHAR
9638576368
IFSC: BKID0005437
IFSC Code
Indian Financial System Code (IFSC) is an 11-character code used for electronic payments through RTGS, NEFT, and IMPS. The code structure:
- • First 4 characters: Bank identifier
- • 5th character: Reserved (0)
- • Last 6 characters: Branch code
MICR Code
MICR (Magnetic Ink Character Recognition) code is printed on cheques to facilitate automated processing. This code helps identify the bank and branch during cheque clearing processes.
These codes are essential for secure and accurate electronic fund transfers within the Indian banking system.
