IFSC Code of Bank Of India, Parevpur, Bhinga, Uttar Pradesh- BKID0AG1929

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 Parevpur branch in Banda, Bhinga, Uttar Pradesh, 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 Banda or anywhere in Uttar Pradesh can transfer funds instantly by using the correct IFSC Code BKID0AG1929. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Bank Of India, Parevpur, Banda

Below in the table are the key details related to IFSC Code BKID0AG1929 of Bank Of India for its branch located in Banda, within the district of Bhinga in the state of Uttar Pradesh.

These details are essential not only for online banking users but also for businesses and individuals who use Bank Of India in Banda for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0AG1929 for the Parevpur branch of Bank Of India plays 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, including Bank Of India located in Parevpur, Banda, Uttar Pradesh, is provided with a unique IFSC like BKID0AG1929 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It uniquely identifies the Bank Of India branch in Banda.
• 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 Banda and Bhinga.
• 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 Uttar Pradesh and the rest of India and the IFSC Code ensures that transactions meant for Bank Of India in Parevpur do not get mixed with another location.

Format of the IFSC Code BKID0AG1929

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 Parevpur in Banda.

For example, the IFSC Code BKID0AG1929 of Bank Of India for the Parevpur branch includes these elements, identifying the bank and the branch location in Banda and Uttar Pradesh accurately.

How to Find IFSC Code for Bank Of India?

If you are trying to find the IFSC Code BKID0AG1929 of Bank Of India for its Parevpur branch located in Banda, 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 Banda and Bhinga, 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 Parevpur or Banda to get the exact IFSC Code BKID0AG1929.

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 Banda that will provide accurate information.

How to Use IFSC Code BKID0AG1929 for Online Transfers?

If you have the IFSC Code BKID0AG1929 for the Parevpur branch of Bank Of India in Banda, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0AG1929. 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 BKID0AG1929.

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 Parevpur in Banda, 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 Parevpur, 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 Banda to handle online money transfers and get their cheques cleared smoothly.