IFSC code: BKID0007906 and MICR code: 180013003 BANK OF INDIA SATWARI

BANK NAME BANK OF INDIA
IFSC CODE BKID0007906
MICR CODE 180013003
BRANCH NAME SATWARI
ADDRESS 19- SATWARIJAMMU-
CONTACT 1912454021
CITY JAMMU
DISTRICT JAMMU
STATE JAMMU AND KASHMIR

IFSC code: BKID0007906 and MICR code: 180013003 BANK OF INDIA SATWARI

What is IFSC Code?

The full form of IFSC code is Indian Financial System Code.IFSC code has 11 digits and it is a collection of number and letters.we find IFSC code on the first page of our bank passbook and also our bank cheque.

Where we use IFSC code?

we use IFSC code for transfer money online it means wire transfer like NEFT, IMPS, or RTGS etc.ex. if you want to give money to your friend without going to a bank you can transfer it by using IFSC code of your friend bank account. every bank's branches have there owned IFSC code and its give by RBI(Reserve Bank of India).every bank's branches have there owned IFSC code and its give by RBI(Reserve Bank of India).

The format for bank IFSC code

180013003 is a BANK OF INDIA SATWARI branch JAMMU IFSC Code ( BKID0007906 ).

  • Initial 4 characters speak to the substance BANK OF INDIA bank name.( BKID 0007906 )
  • fifth position of any IFSC code is always defaulted with a '0' (Zero) ( BKID0007906 )
  • And last 6 characer of ifsc code represent BANK OF INDIA SATWARI branch code ( BKID0007906 )

What Is a MICR Code?

MICR code means Magnetic Ink Character Recognition.MICR code use for bank cheques clearance.it uses to verify cheques for clearance in a secure and faster way. MICR code works like a barcode but it is better than bar code because it can be read by humans.

180013003 is a BANK OF INDIA SATWARI branch JAMMU MICR Code ( 180013003 ).



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