Latest details of Ifsc: Bkid0007057
BANK OF INDIA
Branch name : SEVLA KALAN
Contact Information
Address: WEST CANAL ROAD OFF SHIMLA BYE PASS ROADVILLAGE MAJRA SEVLA KALAN BLOCK RAIPUR TE
Contact number: 1352641507
Bank Details
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.
