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Bank of India IFSC Code BKID0005124

HomeIFSC CodesBank of IndiaBKID0005124

Bank of India – NIALI

IFSC Code: BKID0005124

MICR Code: 754013514

Branch: NIALI

Bank: Bank of India

Address: AT/PO-NIALI,DIST-CUTTACK.ODISHA-754004

District: CUTTACK

State: ODISHA

Contact: +919668600639

Indian Financial System Code (IFSC): BKID0005124

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 005124. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 754013514

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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