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, Raidih Branch, Raidih Dist. Gumla, Jharkhand - Find IFSC Code of Any Bank
Bank Name BANK OF INDIA
Address P. O. NAWAGARHDISTRICT GUMLA,
State JHARKHAND
District RAIDIH DIST. GUMLA
Branch RAIDIH
IFSC Code BKID0004928
Branch Code 004928 (Last six characters of IFSC code represent Branch code.)
MICR Code 835013601
Contact Phone 651271315
via https://sarkarinaukri365.in/ifsc

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