IFSC Code of Bank Of India, Ashti, Ashti Dist Wardha, Maharashtra- BKID0009704

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 Ashti branch in Ashti (Dist. Wardha), Ashti Dist Wardha, 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 Ashti (Dist. Wardha) or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code BKID0009704. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Bank Of India, Ashti, Ashti (Dist. Wardha)

Here are some of the key details that come with the IFSC Code BKID0009704 of Bank Of India for its branch located in Ashti (Dist. Wardha), within the district of Ashti Dist Wardha in the state of Maharashtra.

These details are crucial, not just for online banking users but also for businesses and individuals who use Bank Of India in Ashti (Dist. Wardha) for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0009704 for the Ashti branch of Bank Of India has an important 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 Ashti, Ashti (Dist. Wardha), Maharashtra, are allotted a unique IFSC like BKID0009704 to ensure that online payments reach the right destination.

The IFSC Code is important because:

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

Format of the IFSC Code BKID0009704

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 Ashti in Ashti (Dist. Wardha).

For example, the IFSC Code BKID0009704 of Bank Of India for the Ashti branch includes these elements, identifying the bank and the branch location in Ashti (Dist. Wardha) and Maharashtra accurately.

How to Find IFSC Code for Bank Of India?

If you are looking for the IFSC Code BKID0009704 of Bank Of India for its Ashti branch located in Ashti (Dist. Wardha), the following methods can help:

Cheque Book

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

Passbook

Most of the banks, including Bank Of India branches in Ashti (Dist. Wardha) and Ashti Dist Wardha, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

You can visit the official website of Bank Of India and look for the branch locator section, then search for Ashti or Ashti (Dist. Wardha) to get the exact IFSC Code BKID0009704.

Mobile Banking App

If you use Bank Of India's mobile app, you can check your account details to easily find your branch's IFSC code.

RBI Website

The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Bank Of India and Ashti (Dist. Wardha), then it will provide you proper information.

How to Use IFSC Code BKID0009704 for Online Transfers?

Once you have the IFSC Code BKID0009704 for the Ashti branch of Bank Of India in Ashti (Dist. Wardha), you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code BKID0009704. 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 BKID0009704.

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 Ashti in Ashti (Dist. Wardha), 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 Ashti, 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 Ashti (Dist. Wardha) to handle online money transfers and get their cheques cleared smoothly.