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 Kollegal Kollegal Dist. Chamarajanagar Branch IFSC/MICR Code Details
Bank Name BANK OF INDIA
Address 7468, PANCHA RATHANA NILAYA, 4TH CROSS,SOUTHERN EXTN., KOLLEGAL DIST CHAMARAJANAGAR
State KARNATAKA
District KOLLEGAL DIST. CHAMARAJANAGAR
Branch KOLLEGAL
IFSC Code BKID0008444
Branch Code 008444 (Last six characters of IFSC code represent Branch code.)
MICR Code 571013452
Contact Phone 8224253419
via https://www.getifsc.in

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