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, Chitrada Branch, Chitrada Dist. Mayurbhanj, Odisha - Find IFSC Code of Any Bank
Bank Name BANK OF INDIA
Address AT & POST CHITRADADISTRICT MAYURBHANJ,
State ODISHA
District CHITRADA DIST. MAYURBHANJ
Branch CHITRADA
IFSC Code BKID0005506
Branch Code 005506 (Last six characters of IFSC code represent Branch code.)
MICR Code 757013521
Contact Phone 6793273324
via https://sarkarinaukri365.in/ifsc

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