IFSC Code of Bank Of India, Surendra Mangaldas Road, Ahmedabad, Gujarat- BKID0002024

There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Bank Of India for its Surendra Mangaldas Road branch in Ahmedabad, Ahmedabad, Gujarat, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of Bank Of India situated in Ahmedabad or anywhere in Gujarat can easily transfer funds instantly by using the correct IFSC Code BKID0002024. You should 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, Surendra Mangaldas Road, Ahmedabad

The table below shows the main details of the IFSC Code BKID0002024 for the Bank Of India branch in Ahmedabad, which falls under the Ahmedabad district in Gujarat.

These details are important not only for users using online banking but also for businesses and individuals who use Bank Of India in Ahmedabad for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code BKID0002024 for the Surendra Mangaldas Road branch of Bank Of India is vital.

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 Surendra Mangaldas Road, Ahmedabad, Gujarat, are allotted a unique IFSC like BKID0002024 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 Surendra Mangaldas Road reaches the right place, even though there are thousands of branches in Gujarat and across India.

Format of the IFSC Code BKID0002024

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 Surendra Mangaldas Road in Ahmedabad.

For example, the IFSC Code BKID0002024 of Bank Of India for the Surendra Mangaldas Road 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 BKID0002024 of Bank Of India for its Surendra Mangaldas Road 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 Surendra Mangaldas Road or Ahmedabad to get the exact IFSC Code BKID0002024.

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 BKID0002024 for Online Transfers?

Once you have the IFSC Code BKID0002024 for the Surendra Mangaldas Road 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 BKID0002024. 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 BKID0002024.

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 Surendra Mangaldas Road 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 Surendra Mangaldas Road, 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.