Get the free IFSC Code of Bank Of India, Navi Mumbai Zonal Office ...
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NAVI MUMBAI ZONE
MDI Building, Sector 11, Plot No.30, CBD Belarus, NAVI MUMBAI 400 614
Tel: 2756 4910 / 12 / 13 email: ZO.NaviMumbai@bankofindia.co.inRef No: NM ZO: A&S:AD: 202223:Date: 07.02.2023REQUIREMENT
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How to fill out ifsc code of bank
How to fill out ifsc code of bank
01
Locate the IFSC code on your bank's cheque book, passbook, or account statement.
02
The IFSC code is usually an 11-digit alphanumeric code, with the first four characters representing the bank, the fifth character is always 0, and the remaining characters representing the branch.
03
When filling out a form or making a transaction that requires the IFSC code, carefully enter the code without any errors to ensure the accuracy of the transaction.
Who needs ifsc code of bank?
01
Individuals who are making online transactions or transferring funds between banks.
02
Businesses that need to receive payments or make payments to other parties electronically.
03
Banks and financial institutions to facilitate interbank transactions and transfers.
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What is ifsc code of bank?
The IFSC code (Indian Financial System Code) is an alphanumeric code used to uniquely identify a bank branch in India. It is used for electronic payment applications like real-time gross settlement (RTGS), national electronic funds transfer (NEFT), and Immediate Payment Service (IMPS).
Who is required to file ifsc code of bank?
Banks and financial institutions are required to file and maintain the IFSC code for their branches to facilitate electronic fund transfers.
How to fill out ifsc code of bank?
To fill out the IFSC code of a bank, you should enter the 11-character code where the first four characters represent the bank code, the fifth character is always '0', and the last six characters represent the branch code.
What is the purpose of ifsc code of bank?
The purpose of the IFSC code is to enable electronic fund transfers between banks and ensure accurate and secure transactions by uniquely identifying each branch.
What information must be reported on ifsc code of bank?
The IFSC code must include the bank's name, branch name, and the specific 11-character code that corresponds to that branch. This information is essential for facilitating electronic transactions.
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