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Bank of India IFSC Code BKID0001516

HomeIFSC CodesBank of IndiaBKID0001516

Bank of India – RANJANI

IFSC Code: BKID0001516

MICR Code: 416013534

Branch: RANJANI

Bank: Bank of India

Address: MADHAV BUILDINGAT & POST RANJANI, DIST. SANGLI

District: RANJANI (DIST. SANGLI)

State: MAHARASHTRA

Contact: +912341244225

Indian Financial System Code (IFSC): BKID0001516

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 001516. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 416013534

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.

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