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Bank of India IFSC Code BKID0008974

HomeIFSC CodesBank of IndiaBKID0008974

Bank of India – INDI

IFSC Code: BKID0008974

MICR Code: 586013005

Branch: INDI

Bank: Bank of India

Address: INDI PLOT SY NO 618 8 INDI MAIN ROAD DIST BIJAPUR STATE KARNATAKA 586211

District: BIJAPUR

State: KARNATAKA

Contact:

Indian Financial System Code (IFSC): BKID0008974

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 008974. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 586013005

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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