Bank of India PALANI IFSC Code, MICR Code, Contact No. - Dindigul, Tamil Nadu

Bank of India PALANI Branch IFSC Code, MICR Code (Dindigul, Tamil Nadu). IFSC code is used for NEFT, IMPS and RTGS Transactions.

IFSC Code, MICR Code, Contact No. of Bank of India PALANI - Dindigul, Tamil Nadu

IFSC Code:BKID0008247
MICR Code:625013022
Branch Code:008247 (Last six characters of IFSC Code represent Branch code)
Address:NO. 211, NEW DHARAPURAM ROAD, PALANI - 624602DINDIGUL DIST
Branch:PALANI
City:PALANI
District:Dindigul
State:Tamil Nadu
Contact No.:4545-4545242489

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Bank of India IFSC Code is BKID0008247, MICR Code is 625013022, Branch Code is 008247 which is last six characters of IFSC Code, Branch name is PALANI located in NO. 211, NEW DHARAPURAM ROAD, PALANI - 624602DINDIGUL DIST, PALANI, Dindigul, Tamil Nadu, Contact no. is 4545-4545242489. IFSC code is used for NEFT, IMPS and RTGS Transactions.

Other Bank of India Branches at Dindigul, Tamil Nadu

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What is IFSC Code?

IFSC code is an alphanumeric code stands for Indian Financial System Code, which is uniquely assigned to each bank branch for the main three payment and settlement systems in India:

  1. National Electronic Funds Transfer (NEFT)
  2. Real Time Gross Settlement (RTGS)
  3. Immediate Payment Service (IMPS)

IFSC code is represented by 11 digit character, the first 4 characters of the IFSC code represent the name of the bank, the fifth character is 0 reserved for future use, the last 6 numbers represent the branch code of the bank. The very common use of the IFSC Code is to transfer fund using Internet Banking.


What is MICR Code?

MICR code is short for Magnetic Ink Character Recognition Code is a 9-digit code that identifies the city, bank, and branch, which is found at the bottom of the cheque. With a special machine, MICR codes help faster processing of cheques. MICR code is consists of 3 parts:

  1. The first 3 digits represent the city code, this code is aligned with the PIN code we use for a postal address in India.
  2. The next 3 digits represent the bank code.
  3. The last 3 digits represent the branch code.