Latest details of Ifsc: Bkid0009730

BANK OF INDIA

Branch name : RAM NAGAR

Contact Information

Address: PLOT NO 2072 MUNICIPAL HOUSE NO 101 137 SUMATI PALACE OPP RANJAN SABHAGRUHA 442001

Contact number: 8806550193

Bank Details

IFSC Code: BKID0009730

City: WARDHA

District: 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