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 Morinda Morinda Branch IFSC/MICR Code Details
Bank Name BANK OF INDIA
Address SHUBH COMPLEX, SCO 322-323, WARD NO 6MORINDA, DISTT ROOPNAGAR
State PUNJAB
District MORINDA
Branch MORINDA
IFSC Code BKID0006571
Branch Code 006571 (Last six characters of IFSC code represent Branch code.)
MICR Code 160013016
Contact Phone 0
via https://www.getifsc.in

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