IFSC Code of Bank Of India, Borli Mandla, Borli Mandla Dist Raigad, Maharashtra — BKID0001225

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 Borli Mandla branch in Borli Mandla (Dist Raigad), Borli Mandla Dist Raigad, Maharashtra, 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 Borli Mandla (Dist Raigad) or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code BKID0001225. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Bank Of India, Borli Mandla, Borli Mandla (Dist Raigad)

Below in the table are the key details related to IFSC Code BKID0001225 of Bank Of India for its branch located in Borli Mandla (Dist Raigad), within the district of Borli Mandla Dist Raigad in the state of Maharashtra.

These details are crucial, not just for online banking users but also for businesses and individuals who use Bank Of India in Borli Mandla (Dist Raigad) for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0001225 for the Borli Mandla branch of Bank Of India has 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 Borli Mandla, Borli Mandla (Dist Raigad), Maharashtra, is provided a unique IFSC like BKID0001225 so that their online payments reach the right place.

The IFSC Code is important because:

• It uniquely recognizes the Bank Of India branch in Borli Mandla (Dist Raigad).
• 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 Borli Mandla (Dist Raigad) and Borli Mandla Dist Raigad.
• 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 Maharashtra and the rest of India, the IFSC Code ensures that transactions meant for Bank Of India in Borli Mandla do not get misguided to another person.

Format of the IFSC Code BKID0001225

This is the format of the IFSC Code for banks, including Bank Of India, follows an 11-character structure:

AAAA0CCCCCC

Here's the explanation:

• First 4 characters (AAAA): This is the bank code. For Bank Of India, these characters are the bank's short identifier.
• 5th character (0): This stays zero till there is any future use.
• Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Borli Mandla in Borli Mandla (Dist Raigad).

For example, the IFSC Code BKID0001225 of Bank Of India for the Borli Mandla branch includes these elements, identifying the bank and the branch location in Borli Mandla (Dist Raigad) and Maharashtra accurately.

How to Find IFSC Code for Bank Of India?

To find the IFSC Code BKID0001225 of Bank Of India for its Borli Mandla branch located in Borli Mandla (Dist Raigad), 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 Borli Mandla (Dist Raigad) and Borli Mandla Dist Raigad, 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 Borli Mandla or Borli Mandla (Dist Raigad) to find the exact IFSC Code BKID0001225.

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 Borli Mandla (Dist Raigad) will provide accurate information.

How to Use IFSC Code BKID0001225 for Online Transfers?

If you have the IFSC Code BKID0001225 for the Borli Mandla branch of Bank Of India in Borli Mandla (Dist Raigad), you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0001225. Transfers are processed in batches. 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. Asks for the recipient's account details and Bank Of India IFSC Code BKID0001225.

Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Bank Of India Borli Mandla in Borli Mandla (Dist Raigad), it 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 Borli Mandla, 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 Borli Mandla (Dist Raigad) to handle online money transfers and get their cheques cleared smoothly.