IFSC Code of Bank Of India, Ldm Office Alibagh Raigad, Alibagh Raigad, Maharashtra- BKID000L067

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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Bank Of India for its Ldm Office Alibagh Raigad branch in Alibagh Raigad, Alibagh Raigad, Maharashtra, then this guide will give you detailed information.

The banking system has evolved significantly in India, and today the customers of Bank Of India located in Alibagh Raigad or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code BKID000L067. 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, Ldm Office Alibagh Raigad, Alibagh Raigad

Here are the main details that are associated with the IFSC Code BKID000L067 of Bank Of India for its branch located in Alibagh Raigad, within the district of Alibagh Raigad in the state of Maharashtra.

These details are important not only for users using online banking but also for businesses and individuals who use Bank Of India in Alibagh Raigad for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code BKID000L067 for the Ldm Office Alibagh Raigad 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 Ldm Office Alibagh Raigad, Alibagh Raigad, Maharashtra, are allotted a unique IFSC like BKID000L067 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It clearly tells which bank branch it is in Alibagh Raigad.
• It helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It prevents confusion between different branches of the same bank in places like Alibagh Raigad and Alibagh Raigad.
• 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 Ldm Office Alibagh Raigad reaches the right place, even though there are thousands of branches in Maharashtra and across India.

Format of the IFSC Code BKID000L067

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 Ldm Office Alibagh Raigad in Alibagh Raigad.

For example, the IFSC Code BKID000L067 of Bank Of India for the Ldm Office Alibagh Raigad branch includes these elements, identifying the bank and the branch location in Alibagh Raigad and Maharashtra accurately.

How to Find IFSC Code for Bank Of India?

To find the IFSC Code BKID000L067 of Bank Of India for its Ldm Office Alibagh Raigad branch located in Alibagh Raigad, the following methods can help you out:

Cheque Book

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

Passbook

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

Bank Website

Visit the official website of Bank Of India and go to the branch locator section. Then search for Ldm Office Alibagh Raigad or Alibagh Raigad to find the exact IFSC Code BKID000L067.

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 maintains an updated database of all IFSC codes. Searching for Bank Of India and Alibagh Raigad will provide accurate information.

How to Use IFSC Code BKID000L067 for Online Transfers?

If you have the IFSC Code BKID000L067 for the Ldm Office Alibagh Raigad branch of Bank Of India in Alibagh Raigad, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID000L067. 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 BKID000L067.

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 Ldm Office Alibagh Raigad in Alibagh Raigad, 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 Ldm Office Alibagh Raigad, 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 Alibagh Raigad manage online transfers as well as cheque clearances with ease.