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IFSC Code of Bank Of India, Ahmedabad Lcb, Ahmedabad, Gujarat — BKID0002035

For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Bank Of India for its Ahmedabad Lcb branch in Ahmedabad, Ahmedabad, Gujarat, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly over the years, and today customers of Bank Of India located in Ahmedabad or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code BKID0002035. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Bank Of India, Ahmedabad Lcb, Ahmedabad

Here are the main details that are associated with the IFSC Code BKID0002035 of Bank Of India for its branch located in Ahmedabad, within the district of Ahmedabad in the state of Gujarat.

Particulars Details
Bank Bank Of India
IFSC Code BKID0002035
Branch Ahmedabad Lcb
City Ahmedabad
District Ahmedabad
State Gujarat
Address Bank Of India Buuilding 2Nd Floorbhadra Near Lal Darwaja

These details help users in online banking and for businesses and individuals who use Bank Of India in Ahmedabad for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0002035 for the Ahmedabad Lcb branch of Bank Of India has a very 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 Ahmedabad Lcb, Ahmedabad, Gujarat, are given a unique IFSC like BKID0002035 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Ahmedabad.
  • 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 Ahmedabad and Ahmedabad.
  • 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 Ahmedabad Lcb goes to the correct branch. This is important because Bank Of India has thousands of branches in Gujarat and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code BKID0002035

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

AAAA0CCCCCC

Here's the breakdown:

  • First 4 characters (AAAA): Show the bank code. For Bank Of India, these letters represent the bank's short name.
  • 5th character: Is always zero and is kept for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Ahmedabad Lcb in Ahmedabad.

For example, the IFSC Code BKID0002035 of Bank Of India for the Ahmedabad Lcb branch includes these elements, identifying the bank and the branch location in Ahmedabad and Gujarat correctly.

How to Find IFSC Code for Bank Of India?

If you are trying to find the IFSC Code BKID0002035 of Bank Of India for its Ahmedabad Lcb branch located in Ahmedabad, the following methods can help:

Cheque Book

The cheque books that are issued by Bank Of India include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

Most banks, including Bank Of India branches in Ahmedabad and Ahmedabad, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Bank Of India and find the branch locator section. Search for Ahmedabad Lcb or Ahmedabad to get the exact IFSC Code BKID0002035.

Mobile Banking App

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

RBI Website

The Reserve Bank of India maintains an updated database of all IFSC codes to help you in searching for Bank Of India and Ahmedabad that will provide accurate information.

How to Use IFSC Code BKID0002035 for Online Transfers?

Once you have the IFSC Code BKID0002035 for the Ahmedabad Lcb branch of Bank Of India in Ahmedabad, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code BKID0002035. The transfer is completed in batches. It is useful for both personal and business payments.

RTGS

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

IMPS

Instant 24×7 transfers. Requires the recipient's account details and Bank Of India IFSC Code BKID0002035.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Bank Of India Ahmedabad Lcb in Ahmedabad, your payment can get delayed or might not go through at all.

Finding the MICR Code

MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of Bank Of India in Ahmedabad Lcb, here are some ways to obtain it:

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

Having both the IFSC and MICR codes makes it easy for account holders in Ahmedabad to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of India in Ahmedabad Lcb, Ahmedabad?

The IFSC Code is BKID0002035.

Is the IFSC Code BKID0002035 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Bank Of India Ahmedabad Lcb?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Ahmedabad Lcb branch?

The address of the branch is Bank Of India Buuilding 2Nd Floorbhadra Near Lal Darwaja located in Ahmedabad, Ahmedabad, Gujarat.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.

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