Latest details of Ifsc: Bkid0008294

BANK OF INDIA

Branch name : GANGAPURAM

Contact Information

Address: TEX VALLEY WEEKLY MARKET BUILDING 202 1 BN REDDY COMPLEX NH 47 MAIN ROAD SALEM COIMBATORE HIGHWAY GANGAPURAM CHITHODE ERODE DISTRICT TAMILNADU 638102

Contact number: 9638576567

Bank Details

IFSC Code: BKID0008294

City: ERODE

District: ERODE

State: TAMIL NADU

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