IFSC Code of Bank Of India, Ajnari Rd Orai Timro, Orai, Uttar Pradesh- BKID0AG2934

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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Bank Of India for its Ajnari Rd Orai Timro branch in Dewas, Orai, or Uttar Pradesh, this guide will help you with all the details.

There have been major changes in the banking sector in India and today, the customers of Bank Of India located in Dewas or anywhere in Uttar Pradesh can transfer funds instantly by using the correct IFSC Code BKID0AG2934. 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, Ajnari Rd Orai Timro, Dewas

Here are the key points that are associated with the IFSC Code BKID0AG2934 of Bank Of India for its branch located in Dewas, within the district of Orai in the state of Uttar Pradesh.

These details are essential not only for online banking users but also for businesses and individuals who use Bank Of India in Dewas for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0AG2934 for the Ajnari Rd Orai Timro 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 that is provided by the Reserve Bank of India. A unique IFSC like BKID0AG2934 is given to every bank branch, including Bank Of India located in Ajnari Rd Orai Timro, Dewas, Uttar Pradesh, 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 Dewas.
• 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 Dewas and Orai.
• 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 Uttar Pradesh and the rest of India, which is why the IFSC Code ensures that transactions meant for Bank Of India in Ajnari Rd Orai Timro doesn't end up at another location.

Format of the IFSC Code BKID0AG2934

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 Ajnari Rd Orai Timro in Dewas.

For example, the IFSC Code BKID0AG2934 of Bank Of India for the Ajnari Rd Orai Timro branch has these elements, identifying the bank and the branch location in Dewas and Uttar Pradesh correctly.

How to Find IFSC Code for Bank Of India?

To find the IFSC Code BKID0AG2934 of Bank Of India for its Ajnari Rd Orai Timro branch located in Dewas, 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 Dewas and Orai, 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 Ajnari Rd Orai Timro or Dewas to find the exact IFSC Code BKID0AG2934.

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 Dewas will provide accurate information.

How to Use IFSC Code BKID0AG2934 for Online Transfers?

If you have the IFSC Code BKID0AG2934 for the Ajnari Rd Orai Timro branch of Bank Of India in Dewas, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0AG2934. 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 BKID0AG2934.

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 Ajnari Rd Orai Timro in Dewas, 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 Ajnari Rd Orai Timro, 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 Dewas manage online transfers as well as cheque clearances with ease.