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 Bochasan branch in Bochasan (Dist. Anand), Bochasan Dist Anand, or Gujarat, 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 Bochasan (Dist. Anand) or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code BKID0002806. 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, Bochasan, Bochasan (Dist. Anand)

The table below shows the main details of the IFSC Code BKID0002806 for the Bank Of India branch in Bochasan (Dist. Anand), which falls under the Bochasan Dist Anand district in Gujarat.

Particulars Details
Bank Bank Of India
IFSC Code BKID0002806
Branch Bochasan
City Bochasan (Dist. Anand)
District Bochasan Dist Anand
State Gujarat
Address Bazarbochasan Dist Anand

These details are important not only for users using online banking but also for businesses and individuals who use Bank Of India in Bochasan (Dist. Anand) for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code BKID0002806 for the Bochasan 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 Bochasan, Bochasan (Dist. Anand), Gujarat, are allotted a unique IFSC like BKID0002806 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Bochasan (Dist. Anand).
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Bochasan (Dist. Anand) and Bochasan Dist Anand.
  • 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 Bochasan reaches the right place, even though there are thousands of branches in Gujarat and across India.

Format of the IFSC Code BKID0002806

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): These represent the bank code. In Bank Of India, they are a short identifier for the bank.
  • 5th character (0): This is always zero and is reserved for future use.
  • Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Bochasan in Bochasan (Dist. Anand).

For example, the IFSC Code BKID0002806 of Bank Of India for the Bochasan branch has these elements, identifying the bank and the branch location in Bochasan (Dist. Anand) and Gujarat correctly.

How to Find IFSC Code for Bank Of India?

If you are trying to find the IFSC Code BKID0002806 of Bank Of India for its Bochasan branch located in Bochasan (Dist. Anand), 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

Most banks, including Bank Of India branches in Bochasan (Dist. Anand) and Bochasan Dist Anand, print the IFSC and MICR codes 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 Bochasan or Bochasan (Dist. Anand) to get the exact IFSC Code BKID0002806.

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 Bochasan (Dist. Anand), you'll get the correct details.

How to Use IFSC Code BKID0002806 for Online Transfers?

Once you have the IFSC Code BKID0002806 for the Bochasan branch of Bank Of India in Bochasan (Dist. Anand), you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0002806. Transfers are processed in batches. This is suitable for 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 BKID0002806.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Bank Of India Bochasan in Bochasan (Dist. Anand) may result in delayed or failed transactions.

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 Bochasan, 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 Bochasan (Dist. Anand) to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of India in Bochasan, Bochasan (Dist. Anand)?

The IFSC Code is BKID0002806.

Is the IFSC Code BKID0002806 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

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

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Bochasan branch?

The address of the branch is Bazarbochasan Dist Anand located in Bochasan (Dist. Anand), Bochasan Dist Anand, 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.