IFSC Code of Bank Of India, Achara, Achara Disttsindhudurg, Maharashtra — BKID0001472

The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Bank Of India for its Achara branch in Achara (Distt.Sindhudurg), Achara Disttsindhudurg, Maharashtra, this complete guide will provide you with detailed information.

The banking system in India has changed over the years, and today customers of Bank Of India located in Achara (Distt.Sindhudurg) or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code BKID0001472. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Bank Of India, Achara, Achara (Distt.Sindhudurg)

Here are the key points that are associated with the IFSC Code BKID0001472 of Bank Of India for its branch located in Achara (Distt.Sindhudurg), within the district of Achara Disttsindhudurg in the state of Maharashtra.

These details are essential not only for online banking users but also for businesses and individuals who use Bank Of India in Achara (Distt.Sindhudurg) for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0001472 for the Achara branch of Bank Of India plays an important role.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with Bank Of India located in Achara, Achara (Distt.Sindhudurg), Maharashtra, are given a unique IFSC like BKID0001472 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It clearly tells which bank branch it is in Achara (Distt.Sindhudurg).
• It helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It prevents any kind of confusion between different branches of the same bank in places like Achara (Distt.Sindhudurg) and Achara Disttsindhudurg.
• It reduces errors in fund transfers and improves accuracy.
• It helps the sender banks to validate and confirm branch details before processing payments.

It helps ensure that any money sent to Bank Of India in Achara goes to the correct branch. This is important because Bank Of India has thousands of branches in Maharashtra and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code BKID0001472

The format of the IFSC Code for banks, including Bank Of India, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown of this:

• First 4 characters (AAAA): Represent the bank code. For Bank Of India, these characters are the bank's short identifier.
• 5th character (0): Always zero which is reserved for future use.
• Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Achara in Achara (Distt.Sindhudurg).

For example, the IFSC Code BKID0001472 of Bank Of India for the Achara branch includes these elements, identifying the bank and the branch location in Achara (Distt.Sindhudurg) and Maharashtra accurately.

How to Find IFSC Code for Bank Of India?

If you are trying to find the IFSC Code BKID0001472 of Bank Of India for its Achara branch located in Achara (Distt.Sindhudurg), the following methods can help:

Cheque Book

The cheque book issued by Bank Of India includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.

Passbook

You can easily find the IFSC and MICR codes because most banks, including Bank Of India branches in Achara (Distt.Sindhudurg) and Achara Disttsindhudurg, print them on the first page of your passbook.

Bank Website

Visit the official website of Bank Of India and navigate to the branch locator section. Search for Achara or Achara (Distt.Sindhudurg) to get the exact IFSC Code BKID0001472.

Mobile Banking App

If you use Bank Of India's mobile app, you can check your account details to find your branch's IFSC code.

RBI Website

The Reserve Bank of India keeps an updated list of all IFSC codes. If you search for Bank Of India and Achara (Distt.Sindhudurg), you'll get the correct details.

How to Use IFSC Code BKID0001472 for Online Transfers?

If you have the IFSC Code BKID0001472 for the Achara branch of Bank Of India in Achara (Distt.Sindhudurg), you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0001472. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

Used for high-value payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. Asks for the recipient's account details and Bank Of India IFSC Code BKID0001472.

Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Bank Of India Achara in Achara (Distt.Sindhudurg), it may result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Bank Of India in Achara, you can find it by any of the following ways:

• Check the bottom of your cheque leaf.
• Go to the first page of your passbook.
• Visit the official Bank Of India website.
• Search the RBI portal.

Having both IFSC and MICR codes helps account holders in Achara (Distt.Sindhudurg) manage online transfers as well as cheque clearances with ease.