Bank of India TALAWADE

Bank of India – TALAWADE

IFSC Code: BKID0001423

MICR Code: 416013561

Branch: TALAWADE

Bank: Bank of India

Address: AT & POST TALAWADETALUKA SAWANTWADI, DIST SINDHUDURG

District: TALAWADE (TAL SAWANTWADI, DIST SINDHUDURG)

State: MAHARASHTRA

Contact: +912363266238

Indian Financial System Code (IFSC): BKID0001423

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 001423. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 416013561

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.