There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Bank Of India for its Dholka branch in Dholka (Distt Ahmedabad), Dholka Distt Ahmedabad, Gujarat, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of Bank Of India situated in Dholka (Distt Ahmedabad) or anywhere in Gujarat can easily transfer funds instantly by using the correct IFSC Code BKID0002055. You should 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, Dholka, Dholka (Distt Ahmedabad)
Here are the key points that are associated with the IFSC Code BKID0002055 of Bank Of India for its branch located in Dholka (Distt Ahmedabad), within the district of Dholka Distt Ahmedabad in the state of Gujarat.
| Particulars | Details |
|---|---|
| Bank | Bank Of India |
| IFSC Code | BKID0002055 |
| Branch | Dholka |
| City | Dholka (Distt Ahmedabad) |
| District | Dholka Distt Ahmedabad |
| State | Gujarat |
| Address | Apmc Dholka Grain Market Yard Dholkakheda Bagodara Highway Dholka Distt Ahmedaba |
These details are important not only for users using online banking but also for businesses and individuals who use Bank Of India in Dholka (Distt Ahmedabad) for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code BKID0002055 for the Dholka branch of Bank Of India is vital.
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 Dholka, Dholka (Distt Ahmedabad), Gujarat, is provided a unique IFSC like BKID0002055 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Bank Of India branch in Dholka (Distt Ahmedabad).
- 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 Dholka (Distt Ahmedabad) and Dholka Distt Ahmedabad.
- 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 Dholka do not get misguided to another person.
Format of the IFSC Code BKID0002055
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 Dholka in Dholka (Distt Ahmedabad).
For example, the IFSC Code BKID0002055 of Bank Of India for the Dholka branch includes these elements, identifying the bank and the branch location in Dholka (Distt Ahmedabad) and Gujarat correctly.
How to Find IFSC Code for Bank Of India?
To find the IFSC Code BKID0002055 of Bank Of India for its Dholka branch located in Dholka (Distt Ahmedabad), 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 Dholka (Distt Ahmedabad) and Dholka Distt Ahmedabad, 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 Dholka or Dholka (Distt Ahmedabad) to find the exact IFSC Code BKID0002055.
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 Dholka (Distt Ahmedabad) will provide accurate information.
How to Use IFSC Code BKID0002055 for Online Transfers?
If you have the IFSC Code BKID0002055 for the Dholka branch of Bank Of India in Dholka (Distt Ahmedabad), you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code BKID0002055. 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 BKID0002055.
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 Dholka in Dholka (Distt Ahmedabad), it may result in delayed or failed transactions.
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 Dholka, 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 Dholka (Distt Ahmedabad) manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Dholka Dholka (Distt Ahmedabad) branch is BKID0002055.
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 Apmc Dholka Grain Market Yard Dholkakheda Bagodara Highway Dholka Distt Ahmedaba.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.