IFSC Code | BKID0009502 |
Bank | BANK OF INDIA |
Address | MANDI AREABURHANPUR ROAD |
District | KHANDWA |
State | MADHYA PRADESH |
Branch | KHANDWA |
Phone Number | + 733 7332223152 |
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 BKID0009502 where bank char is BKID and branch is 009502.
MICR Code: Magnetic Ink Character Recognition as printed on cheque book to facilitate the processing of cheques.