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 Andhalgaon branch in Andhalgaon (Dist. Bhandara), Andhalgaon Dist Bhandara, Maharashtra, 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 Andhalgaon (Dist. Bhandara) or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code BKID0009222. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Bank Of India, Andhalgaon, Andhalgaon (Dist. Bhandara)

The table below shows the main details of the IFSC Code BKID0009222 for the Bank Of India branch in Andhalgaon (Dist. Bhandara), which falls under the Andhalgaon Dist Bhandara district in Maharashtra.

Particulars Details
Bank Bank Of India
IFSC Code BKID0009222
Branch Andhalgaon
City Andhalgaon (Dist. Bhandara)
District Andhalgaon Dist Bhandara
State Maharashtra
Address Andhalgaon Ahirkars Houseat Po Andhalgaon Tal Mohadi Dist Bhandara

These details help users in online banking and for businesses and individuals who use Bank Of India in Andhalgaon (Dist. Bhandara) for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0009222 for the Andhalgaon 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 that is provided by the Reserve Bank of India. A unique IFSC like BKID0009222 is given to every bank branch, including Bank Of India located in Andhalgaon, Andhalgaon (Dist. Bhandara), Maharashtra, to make sure that online payments reach the right place.

The IFSC Code is important because:

  • It uniquely identifies the Bank Of India branch in Andhalgaon (Dist. Bhandara).
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any kind of confusion between multiple branches of the same bank across different places like Andhalgaon (Dist. Bhandara) and Andhalgaon Dist Bhandara.
  • It removes errors in fund transfers and improves accuracy.
  • It lets the sender banks validate and confirm branch details before they process the payments.

There are thousands of branches across Maharashtra and the rest of India, which is why the IFSC Code ensures that transactions meant for Bank Of India in Andhalgaon doesn't end up at another location.

Format of the IFSC Code BKID0009222

This is the format of the IFSC Code for banks, including Bank Of India, follows an 11-character structure:

AAAA0CCCCCC

Here's the explanation:

  • First 4 characters (AAAA): This is the bank code. For Bank Of India, these characters are the bank's short identifier.
  • 5th character (0): This stays zero till there is any future use.
  • Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Andhalgaon in Andhalgaon (Dist. Bhandara).

For example, the IFSC Code BKID0009222 of Bank Of India for the Andhalgaon branch includes these elements, identifying the bank and the branch location in Andhalgaon (Dist. Bhandara) and Maharashtra accurately.

How to Find IFSC Code for Bank Of India?

To find the IFSC Code BKID0009222 of Bank Of India for its Andhalgaon branch located in Andhalgaon (Dist. Bhandara), 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 Andhalgaon (Dist. Bhandara) and Andhalgaon Dist Bhandara, 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 Andhalgaon or Andhalgaon (Dist. Bhandara) to find the exact IFSC Code BKID0009222.

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 Andhalgaon (Dist. Bhandara) will provide accurate information.

How to Use IFSC Code BKID0009222 for Online Transfers?

Once you have the IFSC Code BKID0009222 for the Andhalgaon branch of Bank Of India in Andhalgaon (Dist. Bhandara), you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code BKID0009222. 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 BKID0009222.

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 Andhalgaon in Andhalgaon (Dist. Bhandara), your payment can get delayed or might not go through at all.

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Bank Of India in Andhalgaon, you can find it by any of the following ways:

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

Having both IFSC and MICR codes helps account holders in Andhalgaon (Dist. Bhandara) manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of India in Andhalgaon, Andhalgaon (Dist. Bhandara)?

The IFSC Code is BKID0009222.

Is the IFSC Code BKID0009222 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and the IFSC is for online transfers.

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

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

What is the full address of the Andhalgaon branch?

The address of the branch is Andhalgaon Ahirkars Houseat Po Andhalgaon Tal Mohadi Dist Bhandara located in Andhalgaon (Dist. Bhandara), Andhalgaon Dist Bhandara, Maharashtra.

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.