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 Chikurde branch in Chikurde (Dist. Sangli), Chikurde Dist Sangli, Maharashtra, 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 Chikurde (Dist. Sangli) or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code BKID0001510. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Bank Of India, Chikurde, Chikurde (Dist. Sangli)

Here are the main details that are associated with the IFSC Code BKID0001510 of Bank Of India for its branch located in Chikurde (Dist. Sangli), within the district of Chikurde Dist Sangli in the state of Maharashtra.

Particulars Details
Bank Bank Of India
IFSC Code BKID0001510
Branch Chikurde
City Chikurde (Dist. Sangli)
District Chikurde Dist Sangli
State Maharashtra
Address At Post Chikurdetal Walwa District Sangli

These details are important not only for users using online banking but also for businesses and individuals who use Bank Of India in Chikurde (Dist. Sangli) for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code BKID0001510 for the Chikurde 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 Chikurde, Chikurde (Dist. Sangli), Maharashtra, are allotted a unique IFSC like BKID0001510 to ensure that online payments reach the right destination.

The IFSC Code is important because:

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

Format of the IFSC Code BKID0001510

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 Chikurde in Chikurde (Dist. Sangli).

For example, the IFSC Code BKID0001510 of Bank Of India for the Chikurde branch has these elements, identifying the bank and the branch location in Chikurde (Dist. Sangli) and Maharashtra correctly.

How to Find IFSC Code for Bank Of India?

If you are looking for the IFSC Code BKID0001510 of Bank Of India for its Chikurde branch located in Chikurde (Dist. Sangli), 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 Chikurde (Dist. Sangli) and Chikurde Dist Sangli, 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 Chikurde or Chikurde (Dist. Sangli) to get the exact IFSC Code BKID0001510.

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 Chikurde (Dist. Sangli), then it will provide you proper information.

How to Use IFSC Code BKID0001510 for Online Transfers?

Once you have the IFSC Code BKID0001510 for the Chikurde branch of Bank Of India in Chikurde (Dist. Sangli), you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0001510. 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 BKID0001510.

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 Chikurde in Chikurde (Dist. Sangli) may 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 Chikurde, 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 Chikurde (Dist. Sangli) manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of India Chikurde Chikurde (Dist. Sangli)?

The IFSC Code of the Chikurde Chikurde (Dist. Sangli) branch is BKID0001510.

Is IFSC Code BKID0001510 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Bank Of India Chikurde branch?

The branch is located at At Post Chikurdetal Walwa District Sangli.

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.