Bank of India ADIVARE

Bank of India – ADIVARE

IFSC Code: BKID0001420

MICR Code: 416013548

Branch: ADIVARE

Bank: Bank of India

Address: AT & POST ADIVARETALUKA RAJAPUR, DIST RATNAGIRI

District: ADIVARE (TAL.RAJAPUR DIST RATNAGIRI)

State: MAHARASHTRA

Contact: +912353226248

Indian Financial System Code (IFSC): BKID0001420

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 001420. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 416013548

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.