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 Chopda branch in Chopda (Dist Jalgaon), Chopda Dist Jalgaon, 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 Chopda (Dist Jalgaon) or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code BKID0000671. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Bank Of India, Chopda, Chopda (Dist Jalgaon)
Below in the table are the key details related to IFSC Code BKID0000671 of Bank Of India for its branch located in Chopda (Dist Jalgaon), within the district of Chopda Dist Jalgaon in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Bank Of India |
| IFSC Code | BKID0000671 |
| Branch | Chopda |
| City | Chopda (Dist Jalgaon) |
| District | Chopda Dist Jalgaon |
| State | Maharashtra |
| Address | Cts No 2537Mahatma Gandhi Roadchopda District Jalgaon |
These details are essential not only for online banking users but also for businesses and individuals who use Bank Of India in Chopda (Dist Jalgaon) for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0000671 for the Chopda branch of Bank Of India plays an important 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 Chopda, Chopda (Dist Jalgaon), Maharashtra, are allotted a unique IFSC like BKID0000671 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Chopda (Dist Jalgaon).
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Chopda (Dist Jalgaon) and Chopda Dist Jalgaon.
- 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 Chopda reaches the right place, even though there are thousands of branches in Maharashtra and across India.
Format of the IFSC Code BKID0000671
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 Chopda in Chopda (Dist Jalgaon).
For example, the IFSC Code BKID0000671 of Bank Of India for the Chopda branch includes these elements, identifying the bank and the branch location in Chopda (Dist Jalgaon) and Maharashtra accurately.
How to Find IFSC Code for Bank Of India?
If you are looking for the IFSC Code BKID0000671 of Bank Of India for its Chopda branch located in Chopda (Dist Jalgaon), 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 Chopda (Dist Jalgaon) and Chopda Dist Jalgaon, 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 Chopda or Chopda (Dist Jalgaon) to get the exact IFSC Code BKID0000671.
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 Chopda (Dist Jalgaon), then it will provide you proper information.
How to Use IFSC Code BKID0000671 for Online Transfers?
Once you have the IFSC Code BKID0000671 for the Chopda branch of Bank Of India in Chopda (Dist Jalgaon), you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code BKID0000671. 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 BKID0000671.
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 Chopda in Chopda (Dist Jalgaon), your payment can get delayed or might not go through at all.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Bank Of India in Chopda, you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go to the first page of your passbook.
- Visit the official Bank Of India website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Chopda (Dist Jalgaon) manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Chopda Chopda (Dist Jalgaon) branch is BKID0000671.
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 Cts No 2537Mahatma Gandhi Roadchopda District Jalgaon.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.