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 Dongri Buzruk branch in Dongri Buzruk (Dist. Bhandra), Dongri Buzruk Dist Bhandra, 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 Dongri Buzruk (Dist. Bhandra) or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code BKID0009221. 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, Dongri Buzruk, Dongri Buzruk (Dist. Bhandra)

Here are the key points that are associated with the IFSC Code BKID0009221 of Bank Of India for its branch located in Dongri Buzruk (Dist. Bhandra), within the district of Dongri Buzruk Dist Bhandra in the state of Maharashtra.

Particulars Details
Bank Bank Of India
IFSC Code BKID0009221
Branch Dongri Buzruk
City Dongri Buzruk (Dist. Bhandra)
District Dongri Buzruk Dist Bhandra
State Maharashtra
Address At Post Dongri Buzruktehsil Tumsar Dist Bhandara

These details are crucial, not just for online banking users but also for businesses and individuals who use Bank Of India in Dongri Buzruk (Dist. Bhandra) for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0009221 for the Dongri Buzruk 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, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with Bank Of India located in Dongri Buzruk, Dongri Buzruk (Dist. Bhandra), Maharashtra, are given a unique IFSC like BKID0009221 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Dongri Buzruk (Dist. Bhandra).
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents any kind of confusion between different branches of the same bank in places like Dongri Buzruk (Dist. Bhandra) and Dongri Buzruk Dist Bhandra.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It helps ensure that any money sent to Bank Of India in Dongri Buzruk goes to the correct branch. This is important because Bank Of India has thousands of branches in Maharashtra and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code BKID0009221

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 Dongri Buzruk in Dongri Buzruk (Dist. Bhandra).

For example, the IFSC Code BKID0009221 of Bank Of India for the Dongri Buzruk branch includes these elements, identifying the bank and the branch location in Dongri Buzruk (Dist. Bhandra) and Maharashtra accurately.

How to Find IFSC Code for Bank Of India?

If you are looking for the IFSC Code BKID0009221 of Bank Of India for its Dongri Buzruk branch located in Dongri Buzruk (Dist. Bhandra), 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 Dongri Buzruk (Dist. Bhandra) and Dongri Buzruk Dist Bhandra, 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 Dongri Buzruk or Dongri Buzruk (Dist. Bhandra) to get the exact IFSC Code BKID0009221.

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 Dongri Buzruk (Dist. Bhandra), then it will provide you proper information.

How to Use IFSC Code BKID0009221 for Online Transfers?

Once you have the IFSC Code BKID0009221 for the Dongri Buzruk branch of Bank Of India in Dongri Buzruk (Dist. Bhandra), you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code BKID0009221. 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 BKID0009221.

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 Dongri Buzruk in Dongri Buzruk (Dist. Bhandra), your payment can get delayed or might not go through at all.

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 Dongri Buzruk, here are some ways to obtain 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.

Having both the IFSC and MICR codes makes it easy for account holders in Dongri Buzruk (Dist. Bhandra) to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of India Dongri Buzruk Dongri Buzruk (Dist. Bhandra)?

The IFSC Code of the Dongri Buzruk Dongri Buzruk (Dist. Bhandra) branch is BKID0009221.

Is IFSC Code BKID0009221 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Bank Of India Dongri Buzruk branch?

The branch is located at At Post Dongri Buzruktehsil Tumsar Dist Bhandara.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.