Latest details of Bank: Bank Of India
LATEHAR BANK OF INDIA
LATEHAR
BHAGAT BROTHERSNEAR ELECTRICITY OFFICELATEHAR DIST
9638576436
IFSC: BKID0005901
CHANDWA BANK OF INDIA
CHANDWA
RKCOMPLEX MAIN ROAD CHANDWA PO CHANDWAPIN 829203 JHARKHAND STATE
6565226940
IFSC: BKID0005902
KAMDARA BANK OF INDIA
KAMDARA
MAIN ROAD AT AND POST KAMDARADISTRICT GUMLA
9431325930
IFSC: BKID0005908
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.
