Bank of India – PAONI
IFSC Code: BKID0VG5016
MICR Code: 441843514
Branch: PAONI
Bank: Bank of India
Address: DR. AMBEDKAR CHOWK, PAONI, TAL.PAONI, DIST. BHANDARA- 441910
District: PAONI
State: MAHARASHTRA
Contact: +917185255283
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Bank of India PAONI
Indian Financial System Code (IFSC): BKID0VG5016
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 VG5016. The last six characters denote the specific bank branch.
MICR Code (Magnetic Ink Character Recognition): 441843514
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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