IFSC Code of Bank Of India, Jhagadia, Bharuch, Gujarat — BKID0003006

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 Jhagadia branch in Bharuch, Bharuch, 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 Bharuch or anywhere in Gujarat can easily transfer funds instantly by using the correct IFSC Code BKID0003006. 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, Jhagadia, Bharuch

The table below shows the main details of the IFSC Code BKID0003006 for the Bank Of India branch in Bharuch, which falls under the Bharuch district in Gujarat.

These details are essential not only for online banking users but also for businesses and individuals who use Bank Of India in Bharuch for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0003006 for the Jhagadia 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Bank Of India located in Jhagadia, Bharuch, Gujarat, is provided a unique IFSC like BKID0003006 so that their online payments reach the right place.

The IFSC Code is important because:

• It uniquely recognizes the Bank Of India branch in Bharuch.
• 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 Bharuch and Bharuch.
• 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 Jhagadia do not get misguided to another person.

Format of the IFSC Code BKID0003006

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 Jhagadia in Bharuch.

For example, the IFSC Code BKID0003006 of Bank Of India for the Jhagadia branch includes these elements, identifying the bank and the branch location in Bharuch and Gujarat correctly.

How to Find IFSC Code for Bank Of India?

If you are looking for the IFSC Code BKID0003006 of Bank Of India for its Jhagadia branch located in Bharuch, 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 Bharuch and Bharuch, 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 Jhagadia or Bharuch to get the exact IFSC Code BKID0003006.

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 Bharuch, then it will provide you proper information.

How to Use IFSC Code BKID0003006 for Online Transfers?

Once you have the IFSC Code BKID0003006 for the Jhagadia branch of Bank Of India in Bharuch, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0003006. 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 BKID0003006.

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 Jhagadia in Bharuch, it can result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Bank Of India in Jhagadia, you can find it by any of the following ways:

• Check the bottom of your cheque leaf.
• Go to the first page of your passbook.
• Visit the official Bank Of India website.
• Search the RBI portal.

Having both IFSC and MICR codes helps account holders in Bharuch manage online transfers as well as cheque clearances with ease.