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 Bhidi branch in Bhidi (Dist. Wardha), Bhidi Dist Wardha, Maharashtra, 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 Bhidi (Dist. Wardha) or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code BKID0009710. 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, Bhidi, Bhidi (Dist. Wardha)
Here are the key points that are associated with the IFSC Code BKID0009710 of Bank Of India for its branch located in Bhidi (Dist. Wardha), within the district of Bhidi Dist Wardha in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Bank Of India |
| IFSC Code | BKID0009710 |
| Branch | Bhidi |
| City | Bhidi (Dist. Wardha) |
| District | Bhidi Dist Wardha |
| State | Maharashtra |
| Address | Shri Bapuraoji N Kales Bldg Near St Standmain Road Tah Deoli Distt Wardha |
These details helps users in online banking and for businesses and individuals who use Bank Of India in Bhidi (Dist. Wardha) for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0009710 for the Bhidi 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 Bhidi, Bhidi (Dist. Wardha), Maharashtra, are allotted a unique IFSC like BKID0009710 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Bhidi (Dist. Wardha).
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Bhidi (Dist. Wardha) and Bhidi Dist Wardha.
- 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 Bhidi reaches the right place, even though there are thousands of branches in Maharashtra and across India.
Format of the IFSC Code BKID0009710
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 Bhidi in Bhidi (Dist. Wardha).
For example, the IFSC Code BKID0009710 of Bank Of India for the Bhidi branch includes these elements, identifying the bank and the branch location in Bhidi (Dist. Wardha) and Maharashtra accurately.
How to Find IFSC Code for Bank Of India?
If you are trying to find the IFSC Code BKID0009710 of Bank Of India for its Bhidi branch located in Bhidi (Dist. Wardha), 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
You can easily find the IFSC and MICR codes because most banks, including Bank Of India branches in Bhidi (Dist. Wardha) and Bhidi Dist Wardha, print them 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 Bhidi or Bhidi (Dist. Wardha) to get the exact IFSC Code BKID0009710.
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 Bhidi (Dist. Wardha), you'll get the correct details.
How to Use IFSC Code BKID0009710 for Online Transfers?
Once you have the IFSC Code BKID0009710 for the Bhidi branch of Bank Of India in Bhidi (Dist. Wardha), you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code BKID0009710. 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 BKID0009710.
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 Bhidi in Bhidi (Dist. Wardha), 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 Bhidi, 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 Bhidi (Dist. Wardha) to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the Bhidi Bhidi (Dist. Wardha) branch is BKID0009710.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Shri Bapuraoji N Kales Bldg Near St Standmain Road Tah Deoli Distt Wardha.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.