Latest details of Ifsc: Bkid0009724

BANK OF INDIA

Branch name : SAMUDRAPUR

Contact Information

Address: NIKHADE BHAWAN PLOT NO 5 SURVEY NO 432SAMUDRAPUR DISTT WARDHA

Contact number: 9638576655

Bank Details

IFSC Code: BKID0009724

City: SAMUDRAPUR DISTT WARDHA

District: SAMUDRAPUR DISTT WARDHA

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.

IFSC and MICR code sample on bank cheque