The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Bank Of India for its Arjuni Morgaon branch in Arjuni Morgaon (Dist. Gondia), Arjuni Morgaon Dist Gondia, Maharashtra, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of Bank Of India located in Arjuni Morgaon (Dist. Gondia) or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code BKID0009214. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Bank Of India, Arjuni Morgaon, Arjuni Morgaon (Dist. Gondia)
Here are some of the key details that come with the IFSC Code BKID0009214 of Bank Of India for its branch located in Arjuni Morgaon (Dist. Gondia), within the district of Arjuni Morgaon Dist Gondia in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Bank Of India |
| IFSC Code | BKID0009214 |
| Branch | Arjuni Morgaon |
| City | Arjuni Morgaon (Dist. Gondia) |
| District | Arjuni Morgaon Dist Gondia |
| State | Maharashtra |
| Address | Arjuni Moregaon Atmr Chaurasias Housemain Road Arjuni Morgaon Dist Gondia |
These details helps users in online banking and for businesses and individuals who use Bank Of India in Arjuni Morgaon (Dist. Gondia) for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0009214 for the Arjuni Morgaon 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, including Bank Of India located in Arjuni Morgaon, Arjuni Morgaon (Dist. Gondia), Maharashtra, is provided with a unique IFSC like BKID0009214 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Bank Of India branch in Arjuni Morgaon (Dist. Gondia).
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any errors or confusions between multiple branches of the same bank across different places like Arjuni Morgaon (Dist. Gondia) and Arjuni Morgaon Dist Gondia.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Maharashtra and the rest of India and the IFSC Code ensures that transactions meant for Bank Of India in Arjuni Morgaon do not get mixed with another location.
Format of the IFSC Code BKID0009214
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 Arjuni Morgaon in Arjuni Morgaon (Dist. Gondia).
For example, the IFSC Code BKID0009214 of Bank Of India for the Arjuni Morgaon branch has these elements, identifying the bank and the branch location in Arjuni Morgaon (Dist. Gondia) and Maharashtra correctly.
How to Find IFSC Code for Bank Of India?
If you are trying to find the IFSC Code BKID0009214 of Bank Of India for its Arjuni Morgaon branch located in Arjuni Morgaon (Dist. Gondia), 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
Most banks, including Bank Of India branches in Arjuni Morgaon (Dist. Gondia) and Arjuni Morgaon Dist Gondia, print the IFSC and MICR codes 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 Arjuni Morgaon or Arjuni Morgaon (Dist. Gondia) to get the exact IFSC Code BKID0009214.
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 Arjuni Morgaon (Dist. Gondia), you'll get the correct details.
How to Use IFSC Code BKID0009214 for Online Transfers?
If you have the IFSC Code BKID0009214 for the Arjuni Morgaon branch of Bank Of India in Arjuni Morgaon (Dist. Gondia), you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code BKID0009214. 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 BKID0009214.
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 Arjuni Morgaon in Arjuni Morgaon (Dist. Gondia), 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 Arjuni Morgaon, 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 Arjuni Morgaon (Dist. Gondia) to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is BKID0009214.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Arjuni Moregaon Atmr Chaurasias Housemain Road Arjuni Morgaon Dist Gondia located in Arjuni Morgaon (Dist. Gondia), Arjuni Morgaon Dist Gondia, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.