IFSC Code | BKID0000742 |
Bank | BANK OF INDIA |
Address | AT POST SHELGAONTALUKA BARSIDIST SOLAPUR |
District | SHELGAON R DIST SOLAPUR |
State | MAHARASHTRA |
Branch | SHELGAON R |
Phone Number | + 2184 2184248222 |
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 BKID0000742 where bank char is BKID and branch is 000742.
MICR Code: Magnetic Ink Character Recognition as printed on cheque book to facilitate the processing of cheques.