Bank of India IFSC Code BKID0VG2040

Bank of India – MALKAVATHE

IFSC Code: BKID0VG2040

MICR Code: 413874529

Branch: MALKAVATHE

Bank: Bank of India

Address: AT AND POST MALKAWATHE TALUKA SOUTH SOLAPUR DISTT SOLAPUR PIN 413221

District: MALKAVATHE

State: MAHARASHTRA

Contact: +912172244100

Indian Financial System Code (IFSC): BKID0VG2040

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 VG2040. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 413874529

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.