Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Bank Of India for its Bhangaram Talodhi branch in Bhangaram Talodhi(Dist. Chandrapur), Bhangaram Talodhi Dist Chandrapur, or Maharashtra, this guide will help you with all the details.
There have been major changes in the banking sector in India and today, the customers of Bank Of India located in Bhangaram Talodhi(Dist. Chandrapur) or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code BKID0009621. You should definitely 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, Bhangaram Talodhi, Bhangaram Talodhi(Dist. Chandrapur)
Here are the key points that are associated with the IFSC Code BKID0009621 of Bank Of India for its branch located in Bhangaram Talodhi(Dist. Chandrapur), within the district of Bhangaram Talodhi Dist Chandrapur in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Bank Of India |
| IFSC Code | BKID0009621 |
| Branch | Bhangaram Talodhi |
| City | Bhangaram Talodhi(Dist. Chandrapur) |
| District | Bhangaram Talodhi Dist Chandrapur |
| State | Maharashtra |
| Address | Bhangaram Taladhi At Po Bhangaram Talodhitehsil Gondpipari Dist Chandrapur |
These details helps users in online banking and for businesses and individuals who use Bank Of India in Bhangaram Talodhi(Dist. Chandrapur) for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0009621 for the Bhangaram Talodhi 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 Bhangaram Talodhi, Bhangaram Talodhi(Dist. Chandrapur), Maharashtra, are given a unique IFSC like BKID0009621 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Bhangaram Talodhi(Dist. Chandrapur).
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents any kind of confusion between different branches of the same bank in places like Bhangaram Talodhi(Dist. Chandrapur) and Bhangaram Talodhi Dist Chandrapur.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It helps ensure that any money sent to Bank Of India in Bhangaram Talodhi goes to the correct branch. This is important because Bank Of India has thousands of branches in Maharashtra and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code BKID0009621
The format of the IFSC Code for banks, including Bank Of India, has an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): Show the bank code. For Bank Of India, these letters represent the bank's short name.
- 5th character: Is always zero and is kept for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Bhangaram Talodhi in Bhangaram Talodhi(Dist. Chandrapur).
For example, the IFSC Code BKID0009621 of Bank Of India for the Bhangaram Talodhi branch includes these elements, identifying the bank and the branch location in Bhangaram Talodhi(Dist. Chandrapur) and Maharashtra correctly.
How to Find IFSC Code for Bank Of India?
If you are looking for the IFSC Code BKID0009621 of Bank Of India for its Bhangaram Talodhi branch located in Bhangaram Talodhi(Dist. Chandrapur), 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 Bhangaram Talodhi(Dist. Chandrapur) and Bhangaram Talodhi Dist Chandrapur, 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 Bhangaram Talodhi or Bhangaram Talodhi(Dist. Chandrapur) to get the exact IFSC Code BKID0009621.
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 Bhangaram Talodhi(Dist. Chandrapur), then it will provide you proper information.
How to Use IFSC Code BKID0009621 for Online Transfers?
Once you have the IFSC Code BKID0009621 for the Bhangaram Talodhi branch of Bank Of India in Bhangaram Talodhi(Dist. Chandrapur), you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code BKID0009621. The transfer is completed in batches instead of instantly. It is useful for both 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 BKID0009621.
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 Bhangaram Talodhi in Bhangaram Talodhi(Dist. Chandrapur), 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 Bhangaram Talodhi, here are some ways that 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.
If you know both IFSC and MICR codes, then it can help account holders in Bhangaram Talodhi(Dist. Chandrapur) manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is BKID0009621.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Bhangaram Taladhi At Po Bhangaram Talodhitehsil Gondpipari Dist Chandrapur located in Bhangaram Talodhi(Dist. Chandrapur), Bhangaram Talodhi Dist Chandrapur, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.