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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Bank Of India for its Limkheda branch in Dahod, Dohad, Gujarat, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of Bank Of India located in Dahod or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code BKID0002918. 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, Limkheda, Dahod
The table below shows the main details of the IFSC Code BKID0002918 for the Bank Of India branch in Dahod, which falls under the Dohad district in Gujarat.
| Particulars | Details |
|---|---|
| Bank | Bank Of India |
| IFSC Code | BKID0002918 |
| Branch | Limkheda |
| City | Dahod |
| District | Dohad |
| State | Gujarat |
| Address | Limkheda Branch Bazar Limdi Zalod Road Limkheda Dist Dahod Pin 389140 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Bank Of India in Dahod for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0002918 for the Limkheda 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 Limkheda, Dahod, Gujarat, is provided a unique IFSC like BKID0002918 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Bank Of India branch in Dahod.
- 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 Dahod and Dohad.
- 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 Gujarat and the rest of India, the IFSC Code ensures that transactions meant for Bank Of India in Limkheda do not get misguided to another person.
Format of the IFSC Code BKID0002918
The format of the IFSC Code for banks, including Bank Of India, has 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 Limkheda in Dahod.
For example, the IFSC Code BKID0002918 of Bank Of India for the Limkheda branch includes these elements, identifying the bank and the branch location in Dahod and Gujarat correctly.
How to Find IFSC Code for Bank Of India?
If you are trying to find the IFSC Code BKID0002918 of Bank Of India for its Limkheda branch located in Dahod, 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 Dahod and Dohad, 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 Limkheda or Dahod to get the exact IFSC Code BKID0002918.
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 Dahod, you'll get the correct details.
How to Use IFSC Code BKID0002918 for Online Transfers?
Once you have the IFSC Code BKID0002918 for the Limkheda branch of Bank Of India in Dahod, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code BKID0002918. 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 BKID0002918.
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 Limkheda in Dahod 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 Limkheda, here are some ways that 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.
If you know both IFSC and MICR codes, then it can help account holders in Dahod manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is BKID0002918.
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 Limkheda Branch Bazar Limdi Zalod Road Limkheda Dist Dahod Pin 389140 located in Dahod, Dohad, Gujarat.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.