Latest details of Ifsc: Bkid0005886
BANK OF INDIA
Branch name : KARMA
Contact Information
Address: VILL POST KARMA VIA MARARDISTT RAMGARH CANTT
Contact number: 9005796218
Bank Details
IFSC Code: BKID0005886
City: KARMA DISTT RAMGARH JD
District: KARMA DISTT RAMGARH JD
State: JHARKHAND
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.
