Latest details of Ifsc: Bkid0000196

BANK OF INDIA

Branch name : PASTHAL

Contact Information

Address: KORE KUNJ PLOT NO 03 TARAPURE ROAD PASTHAL NAKA NEAR SAI MANDIR PASTHAL DIST PALGHAR 401 501

Contact number: 276332

Bank Details

IFSC Code: BKID0000196

City: PALGHAR

District: THANE

State: MAHARASHTRA

IFSC code can be used for RTGS, IMPS and NEFT transactions

Last six characters of IFSC Code make a Branch code.

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.

IFSC and MICR code sample on bank cheque