IFSC Code | BKID0008824 |
Bank | BANK OF INDIA |
Address | AT POST SIMROLTEHSIL MHOW DISTRICT INDORE |
District | SIMROL DIST INDORE |
State | MADHYA PRADESH |
Branch | SIMROL |
Phone Number | + 7324 7324246228 |
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 BKID0008824 where bank char is BKID and branch is 008824.
MICR Code: Magnetic Ink Character Recognition as printed on cheque book to facilitate the processing of cheques.