Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Bank Of India for its Deesa branch in Ahmedabad, Ahmedabad, or Gujarat, this guide will help you with all the details.
There have been major changes in the banking sector in India and today, the customers of Bank Of India located in Ahmedabad or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code BKID0002301. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Bank Of India, Deesa, Ahmedabad
Below in the table are the key details related to IFSC Code BKID0002301 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 | BKID0002301 |
| Branch | Deesa |
| City | Ahmedabad |
| District | Ahmedabad |
| State | Gujarat |
| Address | Vaibhav Complexward No 4 Gulbani Nagar Part I |
These details are crucial, not just for online banking users but also for businesses and individuals who use Bank Of India in Ahmedabad for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0002301 for the Deesa branch of Bank Of India has 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 Deesa, Ahmedabad, Gujarat, are allotted a unique IFSC like BKID0002301 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 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 makes sure that money sent to Bank Of India in Deesa reaches the right place, even though there are thousands of branches in Gujarat and across India.
Format of the IFSC Code BKID0002301
The format of the IFSC Code for banks, including Bank Of India, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): These represent the bank code. In Bank Of India, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Deesa in Ahmedabad.
For example, the IFSC Code BKID0002301 of Bank Of India for the Deesa branch has 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 BKID0002301 of Bank Of India for its Deesa branch located in Ahmedabad, 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 Ahmedabad and Ahmedabad, 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 Deesa or Ahmedabad to get the exact IFSC Code BKID0002301.
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 Ahmedabad, you'll get the correct details.
How to Use IFSC Code BKID0002301 for Online Transfers?
If you have the IFSC Code BKID0002301 for the Deesa branch of Bank Of India in Ahmedabad, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code BKID0002301. 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 BKID0002301.
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 Deesa in Ahmedabad, it may result in delayed or failed transactions.
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 Deesa, here are some ways that you can get 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.
If you know both IFSC and MICR codes, then it can help account holders in Ahmedabad manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is BKID0002301.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Vaibhav Complexward No 4 Gulbani Nagar Part I located in Ahmedabad, Ahmedabad, Gujarat.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.
