Latest details of Ifsc: Bkid0001246

Contact Information

Address: PARMAR BUILDING 409 MAHAVIR PETHBAZAR PETH PALI TAL SUDHAGAD

Contact number: 242987

Bank Details

IFSC Code: BKID0001246

City: PALI SUDHAGAD MH

District: PALI SUDHAGAD MH

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