IFSC Code of Bank Of India, Barshi, Barshi Dist Solapur, Maharashtra- BKID0000714

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 Barshi branch in Barshi (Dist Solapur), Barshi Dist Solapur, 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 Barshi (Dist Solapur) or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code BKID0000714. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Bank Of India, Barshi, Barshi (Dist Solapur)

Here are the main details that are associated with the IFSC Code BKID0000714 of Bank Of India for its branch located in Barshi (Dist Solapur), within the district of Barshi Dist Solapur in the state of Maharashtra.

These details helps users in online banking and for businesses and individuals who use Bank Of India in Barshi (Dist Solapur) for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0000714 for the Barshi 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, along with Bank Of India located in Barshi, Barshi (Dist Solapur), Maharashtra, are allotted a unique IFSC like BKID0000714 to ensure that online payments reach the right destination.

The IFSC Code is important because:

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

Format of the IFSC Code BKID0000714

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 Barshi in Barshi (Dist Solapur).

For example, the IFSC Code BKID0000714 of Bank Of India for the Barshi branch includes these elements, identifying the bank and the branch location in Barshi (Dist Solapur) and Maharashtra accurately.

How to Find IFSC Code for Bank Of India?

If you are trying to find the IFSC Code BKID0000714 of Bank Of India for its Barshi branch located in Barshi (Dist Solapur), 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

You can easily find the IFSC and MICR codes because most banks, including Bank Of India branches in Barshi (Dist Solapur) and Barshi Dist Solapur, print them 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 Barshi or Barshi (Dist Solapur) to get the exact IFSC Code BKID0000714.

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 Barshi (Dist Solapur), you'll get the correct details.

How to Use IFSC Code BKID0000714 for Online Transfers?

Once you have the IFSC Code BKID0000714 for the Barshi branch of Bank Of India in Barshi (Dist Solapur), you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0000714. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. You need the recipient's account details and Bank Of India IFSC Code BKID0000714.

Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Bank Of India Barshi in Barshi (Dist Solapur), it can 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 Barshi, 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 Barshi (Dist Solapur) manage their online transfers and cheque clearances easily.