Bank of India IFSC Code BKID0000083

Bank of India – PAREL

IFSC Code: BKID0000083

MICR Code: 400013077

Branch: PAREL

Bank: Bank of India

Address: 183, ST. XAVIER STREETPAREL,

District: MUMBAI

State: MAHARASHTRA

Contact: 4136246

Indian Financial System Code (IFSC): BKID0000083

The IFSC is an 11-character alphanumeric code used to identify bank branches in India for electronic payment systems such as RTGS, NEFT, IMPS, and CFMS (managed by the Reserve Bank of India).

• The first four characters represent the bank name.
• The fifth character is always ‘0’ and is reserved for future use.
• Branch Code 000083. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 400013077

The MICR code is a unique code printed on cheques using magnetic ink. It helps in the secure and faster processing and clearance of cheques by identifying the bank and branch.