IFSC Code of Bank Of India, Dhamangaon Railway, Dhamangaon Railway, Maharashtra- BKID0VG7045

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 Dhamangaon Railway branch in Amaravati, Dhamangaon Railway, 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 Amaravati or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code BKID0VG7045. 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, Dhamangaon Railway, Amaravati

The table below shows the main details of the IFSC Code BKID0VG7045 for the Bank Of India branch in Amaravati, which falls under the Dhamangaon Railway district in Maharashtra.

These details helps users in online banking and for businesses and individuals who use Bank Of India in Amaravati for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0VG7045 for the Dhamangaon Railway branch of Bank Of India plays a vital 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 Dhamangaon Railway, Amaravati, Maharashtra, are allotted a unique IFSC like BKID0VG7045 to ensure that online payments reach the right destination.

The IFSC Code is important because:

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

Format of the IFSC Code BKID0VG7045

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 Dhamangaon Railway in Amaravati.

For example, the IFSC Code BKID0VG7045 of Bank Of India for the Dhamangaon Railway branch includes these elements, identifying the bank and the branch location in Amaravati and Maharashtra accurately.

How to Find IFSC Code for Bank Of India?

If you are trying to find the IFSC Code BKID0VG7045 of Bank Of India for its Dhamangaon Railway branch located in Amaravati, 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 Amaravati and Dhamangaon Railway, 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 Dhamangaon Railway or Amaravati to get the exact IFSC Code BKID0VG7045.

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 Amaravati, you'll get the correct details.

How to Use IFSC Code BKID0VG7045 for Online Transfers?

Once you have the IFSC Code BKID0VG7045 for the Dhamangaon Railway branch of Bank Of India in Amaravati, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0VG7045. Transfers are processed in batches. This is 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. Requires the recipient's account details and Bank Of India IFSC Code BKID0VG7045.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Bank Of India Dhamangaon Railway in Amaravati 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 Dhamangaon Railway, 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 Amaravati to handle online money transfers and get their cheques cleared smoothly.