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, Chandaka Industrial Complex Branch, Bhubaneshwar, Odisha - Find IFSC Code of Any Bank
Bank Name BANK OF INDIA
Address SECTOR A, PLOT NO.1030 ACHANDAKA IND.COMPLEX, N.H.5,
State ODISHA
District BHUBANESHWAR
Branch CHANDAKA INDUSTRIAL COMPLEX
IFSC Code BKID0005553
Branch Code 005553 (Last six characters of IFSC code represent Branch code.)
MICR Code 751013003
Contact Phone 6742586256
via https://sarkarinaukri365.in/ifsc

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