The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Bank Of India for its Chikhodra branch in Chikhodra (Tal & Dist Ananad), Chikhodra Tal Dist Ananad, Gujarat, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of Bank Of India located in Chikhodra (Tal & Dist Ananad) or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code BKID0002802. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Bank Of India, Chikhodra, Chikhodra (Tal & Dist Ananad)
Here are the main details that are associated with the IFSC Code BKID0002802 of Bank Of India for its branch located in Chikhodra (Tal & Dist Ananad), within the district of Chikhodra Tal Dist Ananad in the state of Gujarat.
| Particulars | Details |
|---|---|
| Bank | Bank Of India |
| IFSC Code | BKID0002802 |
| Branch | Chikhodra |
| City | Chikhodra (Tal & Dist Ananad) |
| District | Chikhodra Tal Dist Ananad |
| State | Gujarat |
| Address | Near Library Chikhodrataluka Anand |
These details are crucial, not just for online banking users but also for businesses and individuals who use Bank Of India in Chikhodra (Tal & Dist Ananad) for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0002802 for the Chikhodra 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, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like BKID0002802 is given to every bank branch, including Bank Of India located in Chikhodra, Chikhodra (Tal & Dist Ananad), Gujarat, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Bank Of India branch in Chikhodra (Tal & Dist Ananad).
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any kind of confusion between multiple branches of the same bank across different places like Chikhodra (Tal & Dist Ananad) and Chikhodra Tal Dist Ananad.
- It removes errors in fund transfers and improves accuracy.
- It lets the sender banks validate and confirm branch details before they process the payments.
There are thousands of branches across Gujarat and the rest of India, which is why the IFSC Code ensures that transactions meant for Bank Of India in Chikhodra doesn't end up at another location.
Format of the IFSC Code BKID0002802
The format of the IFSC Code for banks, including Bank Of India, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown of this:
- First 4 characters (AAAA): Represent the bank code. For Bank Of India, these characters are the bank's short identifier.
- 5th character (0): Always zero which is reserved for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Chikhodra in Chikhodra (Tal & Dist Ananad).
For example, the IFSC Code BKID0002802 of Bank Of India for the Chikhodra branch includes these elements, identifying the bank and the branch location in Chikhodra (Tal & Dist Ananad) and Gujarat accurately.
How to Find IFSC Code for Bank Of India?
If you are looking for the IFSC Code BKID0002802 of Bank Of India for its Chikhodra branch located in Chikhodra (Tal & Dist Ananad), 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 Chikhodra (Tal & Dist Ananad) and Chikhodra Tal Dist Ananad, 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 Chikhodra or Chikhodra (Tal & Dist Ananad) to get the exact IFSC Code BKID0002802.
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 Chikhodra (Tal & Dist Ananad), then it will provide you proper information.
How to Use IFSC Code BKID0002802 for Online Transfers?
Once you have the IFSC Code BKID0002802 for the Chikhodra branch of Bank Of India in Chikhodra (Tal & Dist Ananad), you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code BKID0002802. 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 BKID0002802.
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 Chikhodra in Chikhodra (Tal & Dist Ananad), it can result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Bank Of India in Chikhodra, here are some of the ways you can get 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.
Knowing both IFSC and MICR code can help account holders in Chikhodra (Tal & Dist Ananad) manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is BKID0002802.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Near Library Chikhodrataluka Anand located in Chikhodra (Tal & Dist Ananad), Chikhodra Tal Dist Ananad, Gujarat.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.