Latest details of Ifsc: Bkid0001449
BANK OF INDIA
Branch name : MALVAN
Contact Information
Address: HOUSE NO 487 I SOMWAR PETH MALVANTAL MALVAN DIST SINDHUDURG
Contact number: 2365253899
Bank Details
IFSC Code: BKID0001449
City: MALVAN DIST SINDHUDURG
District: MALVAN DIST SINDHUDURG
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.
