What is an IFSC code?


Indian Financial System Code (IFSC). It is used for electronic payment applications like Real Time Gross Settlement (RTGS), National Electronic Funds Transfer (NEFT), Immediate Payment Service, an interbank electronic instant mobile money transfer service (IMPS), and Centralised Funds Management System (CFMS) developed by Reserve Bank of India (RBI). The code has eleven characters "Alpha Numeric" in nature. First four characters represent bank, fifth character is default "0" left for future use and last six characters represent branch.

What is a MICR code?
MICR Code: Magnetic Ink Character Recognition as printed on cheque book to facilitate the processing of cheques.

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Bank Of India, Patratu Branch, Patratu Dist.hazaribagh, Jharkhand - Find IFSC Code of Any Bank
Bank Name BANK OF INDIA
Address MAIN ROADPATRATU BAZAR, PATRATU, DIST. HAZARIBAGH
State JHARKHAND
District PATRATU DIST.HAZARIBAGH
Branch PATRATU
IFSC Code BKID0004815
Branch Code 004815 (Last six characters of IFSC code represent Branch code.)
MICR Code 829013505
Contact Phone 6553286277
via https://sarkarinaukri365.in/ifsc

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