For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Bank Of India for its Bhat Simroli branch in Bhat Simroli (Tal Keshod,Dist Junagarh), Bhat Simroli Tal Keshoddist Junagarh, Gujarat, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly over the years, and today customers of Bank Of India located in Bhat Simroli (Tal Keshod,Dist Junagarh) or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code BKID0003321. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Bank Of India, Bhat Simroli, Bhat Simroli (Tal Keshod,Dist Junagarh)

Here are the key points that are associated with the IFSC Code BKID0003321 of Bank Of India for its branch located in Bhat Simroli (Tal Keshod,Dist Junagarh), within the district of Bhat Simroli Tal Keshoddist Junagarh in the state of Gujarat.

Particulars Details
Bank Bank Of India
IFSC Code BKID0003321
Branch Bhat Simroli
City Bhat Simroli (Tal Keshod,Dist Junagarh)
District Bhat Simroli Tal Keshoddist Junagarh
State Gujarat
Address At Post Bhat Simrolitaluka Keshoddist Junagarh

These details help users in online banking and for businesses and individuals who use Bank Of India in Bhat Simroli (Tal Keshod,Dist Junagarh) for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0003321 for the Bhat Simroli branch of Bank Of India has a very important 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 Bhat Simroli, Bhat Simroli (Tal Keshod,Dist Junagarh), Gujarat, are given a unique IFSC like BKID0003321 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Bhat Simroli (Tal Keshod,Dist Junagarh).
  • 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 Bhat Simroli (Tal Keshod,Dist Junagarh) and Bhat Simroli Tal Keshoddist Junagarh.
  • 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 Bhat Simroli goes to the correct branch. This is important because Bank Of India has thousands of branches in Gujarat and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code BKID0003321

The format of the IFSC Code for banks, including Bank Of India, follows 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 Bhat Simroli in Bhat Simroli (Tal Keshod,Dist Junagarh).

For example, the IFSC Code BKID0003321 of Bank Of India for the Bhat Simroli branch includes these elements, identifying the bank and the branch location in Bhat Simroli (Tal Keshod,Dist Junagarh) and Gujarat accurately.

How to Find IFSC Code for Bank Of India?

If you are trying to find the IFSC Code BKID0003321 of Bank Of India for its Bhat Simroli branch located in Bhat Simroli (Tal Keshod,Dist Junagarh), the following methods can help:

Cheque Book

The cheque books that are issued by Bank Of India include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

Most banks, including Bank Of India branches in Bhat Simroli (Tal Keshod,Dist Junagarh) and Bhat Simroli Tal Keshoddist Junagarh, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Bank Of India and find the branch locator section. Search for Bhat Simroli or Bhat Simroli (Tal Keshod,Dist Junagarh) to get the exact IFSC Code BKID0003321.

Mobile Banking App

If you use Bank Of India's mobile app, you can easily 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 to help you in searching for Bank Of India and Bhat Simroli (Tal Keshod,Dist Junagarh) that will provide accurate information.

How to Use IFSC Code BKID0003321 for Online Transfers?

Once you have the IFSC Code BKID0003321 for the Bhat Simroli branch of Bank Of India in Bhat Simroli (Tal Keshod,Dist Junagarh), you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0003321. 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 BKID0003321.

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 Bhat Simroli in Bhat Simroli (Tal Keshod,Dist Junagarh), 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 Bhat Simroli, 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 Bhat Simroli (Tal Keshod,Dist Junagarh) manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of India in Bhat Simroli, Bhat Simroli (Tal Keshod,Dist Junagarh)?

The IFSC Code is BKID0003321.

Is the IFSC Code BKID0003321 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

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

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

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Bhat Simroli branch?

The address of the branch is At Post Bhat Simrolitaluka Keshoddist Junagarh located in Bhat Simroli (Tal Keshod,Dist Junagarh), Bhat Simroli Tal Keshoddist Junagarh, 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.