Bank of India IFSC Code BKID0005874

Bank of India – PARK MARKET

IFSC Code: BKID0005874

MICR Code: 826013022

Branch: PARK MARKET

Bank: Bank of India

Address: AT PARK MARKET PO HIRAPUR, DISTT DHANBAD

District: DHANBAD

State: JHARKHAND

Contact:

Indian Financial System Code (IFSC): BKID0005874

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 005874. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 826013022

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.