Bank of India IFSC Code BKID0001001

Bank of India – AQUEM

IFSC Code: BKID0001001

MICR Code: 403013016

Branch: AQUEM

Bank: Bank of India

Address: ST.SEBASTIAN COMPLEXAQUEM ALTO, MARGAO,

District: MARGAO

State: GOA

Contact: +918322700942

Indian Financial System Code (IFSC): BKID0001001

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 001001. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 403013016

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.