Latest details of Ifsc: Bkid0vg4057

BANK OF INDIA

Branch name : DEOLI

Contact Information

Address: AP DEOLI TAL DEOLI DIST WARDHA PIN 442101

Contact number: 8087779396

Bank Details

IFSC Code: BKID0VG4057

City: DEOLI

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