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 Awakhal branch in Awakhal (Tal Sinor Dist.Vadodara), Awakhal Tal Sinor Distvadodara, Gujarat, 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 Awakhal (Tal Sinor Dist.Vadodara) or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code BKID0002604. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Bank Of India, Awakhal, Awakhal (Tal Sinor Dist.Vadodara)
Here are the key points that are associated with the IFSC Code BKID0002604 of Bank Of India for its branch located in Awakhal (Tal Sinor Dist.Vadodara), within the district of Awakhal Tal Sinor Distvadodara in the state of Gujarat.
| Particulars | Details |
|---|---|
| Bank | Bank Of India |
| IFSC Code | BKID0002604 |
| Branch | Awakhal |
| City | Awakhal (Tal Sinor Dist.Vadodara) |
| District | Awakhal Tal Sinor Distvadodara |
| State | Gujarat |
| Address | At Post Awakhaltaluka Sinor Dist Vadodara |
These details helps users in online banking and for businesses and individuals who use Bank Of India in Awakhal (Tal Sinor Dist.Vadodara) for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0002604 for the Awakhal 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 Awakhal, Awakhal (Tal Sinor Dist.Vadodara), Gujarat, is provided with a unique IFSC like BKID0002604 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Bank Of India branch in Awakhal (Tal Sinor Dist.Vadodara).
- 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 Awakhal (Tal Sinor Dist.Vadodara) and Awakhal Tal Sinor Distvadodara.
- 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 Gujarat and the rest of India and the IFSC Code ensures that transactions meant for Bank Of India in Awakhal do not get mixed with another location.
Format of the IFSC Code BKID0002604
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 Awakhal in Awakhal (Tal Sinor Dist.Vadodara).
For example, the IFSC Code BKID0002604 of Bank Of India for the Awakhal branch includes these elements, identifying the bank and the branch location in Awakhal (Tal Sinor Dist.Vadodara) and Gujarat accurately.
How to Find IFSC Code for Bank Of India?
If you are trying to find the IFSC Code BKID0002604 of Bank Of India for its Awakhal branch located in Awakhal (Tal Sinor Dist.Vadodara), the following methods can help:
Cheque Book
The cheque books that are issued by Bank Of India include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.
Passbook
Most banks, including Bank Of India branches in Awakhal (Tal Sinor Dist.Vadodara) and Awakhal Tal Sinor Distvadodara, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Bank Of India and find the branch locator section. Search for Awakhal or Awakhal (Tal Sinor Dist.Vadodara) to get the exact IFSC Code BKID0002604.
Mobile Banking App
If you use Bank Of India's mobile app, you can easily 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 to help you in searching for Bank Of India and Awakhal (Tal Sinor Dist.Vadodara) that will provide accurate information.
How to Use IFSC Code BKID0002604 for Online Transfers?
Once you have the IFSC Code BKID0002604 for the Awakhal branch of Bank Of India in Awakhal (Tal Sinor Dist.Vadodara), you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code BKID0002604. 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 BKID0002604.
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 Awakhal in Awakhal (Tal Sinor Dist.Vadodara) may result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Bank Of India in Awakhal, here are some of the ways 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.
Knowing both IFSC and MICR code can help account holders in Awakhal (Tal Sinor Dist.Vadodara) manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is BKID0002604.
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 At Post Awakhaltaluka Sinor Dist Vadodara located in Awakhal (Tal Sinor Dist.Vadodara), Awakhal Tal Sinor Distvadodara, Gujarat.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.