Latest details of Ifsc: Bkid0008929

BANK OF INDIA

Branch name : POLAKHAL

Contact Information

Address: KHASRA NO 33PH NO73BAJAR CHOWK POLAKHALVILLAGE POLAKHALTEHSIL UDAYNAGARDISTRICT DEWAS PIN 455227

Contact number: 7312445107

Bank Details

IFSC Code: BKID0008929

City: POLAKHAL

District: DEWAS

State: MADHYA PRADESH

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