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 Dongargaon branch in Dongargaon (Mh), Dongargaon Mh, or Maharashtra, 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 Dongargaon (Mh) or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code BKID0008756. 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, Dongargaon, Dongargaon (Mh)
Here are the main details that are associated with the IFSC Code BKID0008756 of Bank Of India for its branch located in Dongargaon (Mh), within the district of Dongargaon Mh in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Bank Of India |
| IFSC Code | BKID0008756 |
| Branch | Dongargaon |
| City | Dongargaon (Mh) |
| District | Dongargaon Mh |
| State | Maharashtra |
| Address | House No 6 Ward No 1Wardha Road |
These details are essential not only for online banking users but also for businesses and individuals who use Bank Of India in Dongargaon (Mh) for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0008756 for the Dongargaon 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 Dongargaon, Dongargaon (Mh), Maharashtra, are allotted a unique IFSC like BKID0008756 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Dongargaon (Mh).
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Dongargaon (Mh) and Dongargaon Mh.
- 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 Dongargaon reaches the right place, even though there are thousands of branches in Maharashtra and across India.
Format of the IFSC Code BKID0008756
The format of the IFSC Code for banks, including Bank Of India, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown of this:
- First 4 characters (AAAA): Represent the bank code. For Bank Of India, these characters are the bank's short identifier.
- 5th character (0): Always zero which is reserved for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Dongargaon in Dongargaon (Mh).
For example, the IFSC Code BKID0008756 of Bank Of India for the Dongargaon branch includes these elements, identifying the bank and the branch location in Dongargaon (Mh) and Maharashtra accurately.
How to Find IFSC Code for Bank Of India?
If you are trying to find the IFSC Code BKID0008756 of Bank Of India for its Dongargaon branch located in Dongargaon (Mh), 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
You can easily find the IFSC and MICR codes because most banks, including Bank Of India branches in Dongargaon (Mh) and Dongargaon Mh, print them 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 Dongargaon or Dongargaon (Mh) to get the exact IFSC Code BKID0008756.
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 Dongargaon (Mh), you'll get the correct details.
How to Use IFSC Code BKID0008756 for Online Transfers?
Once you have the IFSC Code BKID0008756 for the Dongargaon branch of Bank Of India in Dongargaon (Mh), you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code BKID0008756. 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 BKID0008756.
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 Dongargaon in Dongargaon (Mh) 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 Dongargaon, 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 Dongargaon (Mh) manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is BKID0008756.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is House No 6 Ward No 1Wardha Road located in Dongargaon (Mh), Dongargaon Mh, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.