Bank of India - CHOUNDHI
Details about the IFSC1 BKID0001220:
Bank: Bank of India
District/State: CHOUNDHI (DIST RAIGAD) / MAHARASHTRA
City: CHOUNDHI (DIST RAIGAD)
Contact: +912141232026
IFSC:1 BKID0001220
MICR:2 402013505
1) An IFSC code (Indian Financial System Code) is a unique 11-digit alphanumeric code used to identify bank branches participating in electronic fund transfers like NEFT, RTGS, and IMPS.
2) Magnetic ink character recognition code, known in short as MICR code, is a character recognition technology used mainly by the banking industry to streamline the processing and clearance of cheques and other documents.