First four characters represent bank, fifth character is default "0" left for future use and last six characters represent branch. MICR Code: Magnetic Ink Character Recognition as printed on cheque book to facilitate the processing of cheques. For Bank of india 11-digit IFSC code is BKID0000001, the first four letters BKID, represents bank code of bank name Bank of india and the last 6 digits 0000001 represents a specific branch code. BKID0000200 - IFSC Code DetailsBKID0000200 - IFSC Code, Bank branch details BKID0000200 is the IFSC code of Mumbai Service Branch branch Bank of India bank located at Mumbai area of Greater Mumbai district in Maharashtra state. Tips to search by IFSC Codes IFSC code is 11 characters in size. IFSC code is Alphanumeric and contains a combination of alphabets and numbers. First 4 characters are alphabetic characters representing the bank name. A list is given below for reference. 5th character is 0 (zero) and reserved for future use. Last 6 characters are usually numbers but can also be alphabets. These represent a branch of the bank.
