There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Bank Of India for its Bhalpara branch in Bhalpara, Bhalpara, Gujarat, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of Bank Of India situated in Bhalpara or anywhere in Gujarat can easily transfer funds instantly by using the correct IFSC Code BKID0003303. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.

Details of IFSC Code for Bank Of India, Bhalpara, Bhalpara

The table below shows the main details of the IFSC Code BKID0003303 for the Bank Of India branch in Bhalpara, which falls under the Bhalpara district in Gujarat.

Particulars Details
Bank Bank Of India
IFSC Code BKID0003303
Branch Bhalpara
City Bhalpara
District Bhalpara
State Gujarat
Address Chamunda Societyopphanuman Mandirbhalkabhalparata Patan Veravaldist Junagadh

These details are important not only for users using online banking but also for businesses and individuals who use Bank Of India in Bhalpara for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code BKID0003303 for the Bhalpara branch of Bank Of India is vital.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Bank Of India located in Bhalpara, Bhalpara, Gujarat, is provided a unique IFSC like BKID0003303 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Bank Of India branch in Bhalpara.
  • Helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any confusions between multiple branches of the same bank across different places like Bhalpara and Bhalpara.
  • It reduces most of the errors in fund transfers and makes sure its accuracy.
  • It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Gujarat and the rest of India, the IFSC Code ensures that transactions meant for Bank Of India in Bhalpara do not get misguided to another person.

Format of the IFSC Code BKID0003303

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 Bhalpara in Bhalpara.

For example, the IFSC Code BKID0003303 of Bank Of India for the Bhalpara branch includes these elements, identifying the bank and the branch location in Bhalpara and Gujarat accurately.

How to Find IFSC Code for Bank Of India?

If you are trying to find the IFSC Code BKID0003303 of Bank Of India for its Bhalpara branch located in Bhalpara, 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 Bhalpara and Bhalpara, 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 Bhalpara or Bhalpara to get the exact IFSC Code BKID0003303.

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 Bhalpara, you'll get the correct details.

How to Use IFSC Code BKID0003303 for Online Transfers?

If you have the IFSC Code BKID0003303 for the Bhalpara branch of Bank Of India in Bhalpara, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0003303. 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 BKID0003303.

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

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of India in Bhalpara, Bhalpara?

The IFSC Code is BKID0003303.

Is the IFSC Code BKID0003303 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and the IFSC is for online transfers.

Where can I find the IFSC Code of Bank Of India Bhalpara?

You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Bhalpara branch?

The address of the branch is Chamunda Societyopphanuman Mandirbhalkabhalparata Patan Veravaldist Junagadh located in Bhalpara, Bhalpara, Gujarat.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.