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Bank of India - SATWAS

Details about the IFSC1 BKID0MG0163:

Bank: Bank of India
Bank Branch: SATWAS (IN-MP)
Country: India
District/State: DEWAS / MADHYA PRADESH
City: DEWAS
Contact: +917415183411
IFSC:1 BKID0MG0163
MICR:2 455653528




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.