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 Kodical Mangalore Branch IFSC/MICR Code Details
Bank Name BANK OF INDIA
Address WARD NO.1, SR.NO.173 H14DEREBAIL VILLAGE,
State KARNATAKA
District MANGALORE
Branch KODICAL
IFSC Code BKID0008442
Branch Code 008442 (Last six characters of IFSC code represent Branch code.)
MICR Code 575013003
Contact Phone 8242458603
via https://www.getifsc.in

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