BANK OF INDIA, CHAND BRANCH IFSC CODE, MADHYA PRADESH

IFSC Code BKID0MG8038
Bank BANK OF INDIA
Address P.O.CHAND TEHCHOURAI, DISTT.CHHINDWARA
District CHHINDWARA
State MADHYA PRADESH
Branch CHAND
Phone Number + 91 9425461314

Indian Financial System Code (IFSC). It is used for electronic payment applications like Real Time Gross Settlement (RTGS), National Electronic Funds Transfer (NEFT), Immediate Payment Service, an interbank electronic instant mobile money transfer service (IMPS), and Centralised Funds Management System (CFMS) developed by Reserve Bank of India (RBI).


Code has eleven characters "Alpha Numeric" in nature.


First four characters represent bank, fifth character is default "0" left for future use and last six characters represent branch.


Here in this IFSC code BKID0MG8038 where bank char is BKID and branch is MG8038.


MICR Code: Magnetic Ink Character Recognition as printed on cheque book to facilitate the processing of cheques.

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