Bank of India IFSC Code BKID0001305

Bank of India – PHALTAN

IFSC Code: BKID0001305

MICR Code: 415013151

Branch: PHALTAN

Bank: Bank of India

Address: 3, RAVIWAR PETH,AMBEDKAR CHOWK, P. B. NO. 38,PHALTAN, DISTRICT SATARA,

District: PHALTAN (DIST SATARA)

State: MAHARASHTRA

Contact: +912166222295

Indian Financial System Code (IFSC): BKID0001305

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 001305. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 415013151

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.