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 Bharasar branch in Bharasar, Bharasar, 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 Bharasar or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code BKID0003815. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Bank Of India, Bharasar, Bharasar
Below in the table are the key details related to IFSC Code BKID0003815 of Bank Of India for its branch located in Bharasar, within the district of Bharasar in the state of Gujarat.
| Particulars | Details |
|---|---|
| Bank | Bank Of India |
| IFSC Code | BKID0003815 |
| Branch | Bharasar |
| City | Bharasar |
| District | Bharasar |
| State | Gujarat |
| Address | Bharasarvia Mankuva |
These details are important not only for users using online banking but also for businesses and individuals who use Bank Of India in Bharasar for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code BKID0003815 for the Bharasar branch of Bank Of India is vital.
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 Bharasar, Bharasar, Gujarat, are allotted a unique IFSC like BKID0003815 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Bharasar.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Bharasar and Bharasar.
- 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 Bharasar reaches the right place, even though there are thousands of branches in Gujarat and across India.
Format of the IFSC Code BKID0003815
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 Bharasar in Bharasar.
For example, the IFSC Code BKID0003815 of Bank Of India for the Bharasar branch includes these elements, identifying the bank and the branch location in Bharasar and Gujarat correctly.
How to Find IFSC Code for Bank Of India?
To find the IFSC Code BKID0003815 of Bank Of India for its Bharasar branch located in Bharasar, the following methods can help you out:
Cheque Book
The cheque book issued by Bank Of India includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Bank Of India branches in Bharasar and Bharasar, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Bank Of India and go to the branch locator section. Then search for Bharasar or Bharasar to find the exact IFSC Code BKID0003815.
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 maintains an updated database of all IFSC codes. Searching for Bank Of India and Bharasar will provide accurate information.
How to Use IFSC Code BKID0003815 for Online Transfers?
Once you have the IFSC Code BKID0003815 for the Bharasar branch of Bank Of India in Bharasar, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code BKID0003815. 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 BKID0003815.
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 Bharasar in Bharasar, your payment can get delayed or might not go through at all.
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 Bharasar, 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 Bharasar manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is BKID0003815.
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 Bharasarvia Mankuva located in Bharasar, Bharasar, Gujarat.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.