Bank of India IFSC Code BKID0001202

Bank of India – MHASALA

IFSC Code: BKID0001202

MICR Code: 402013515

Branch: MHASALA

Bank: Bank of India

Address: PENKAR’S BUILDING,BAZAR PETH, MHASALA,DIST RAIGAD

District: MHASALA (DIST RAIGAD)

State: MAHARASHTRA

Contact: +912149232227

Indian Financial System Code (IFSC): BKID0001202

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 001202. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 402013515

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.