IFSC Code of Bank Of India, Sultanabad, Dumas Dist Surat, Gujarat — BKID0002756

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 Sultanabad branch in Dumas (Dist Surat), Dumas Dist Surat, 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 Dumas (Dist Surat) or anywhere in Gujarat can easily transfer funds instantly by using the correct IFSC Code BKID0002756. 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, Sultanabad, Dumas (Dist Surat)

Here are some of the key details that come with the IFSC Code BKID0002756 of Bank Of India for its branch located in Dumas (Dist Surat), within the district of Dumas Dist Surat in the state of Gujarat.

These details are crucial, not just for online banking users but also for businesses and individuals who use Bank Of India in Dumas (Dist Surat) for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0002756 for the Sultanabad 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 that is provided by the Reserve Bank of India. A unique IFSC like BKID0002756 is given to every bank branch, including Bank Of India located in Sultanabad, Dumas (Dist Surat), Gujarat, 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 Dumas (Dist Surat).
• 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 Dumas (Dist Surat) and Dumas Dist Surat.
• 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 Gujarat and the rest of India, which is why the IFSC Code ensures that transactions meant for Bank Of India in Sultanabad doesn't end up at another location.

Format of the IFSC Code BKID0002756

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 Sultanabad in Dumas (Dist Surat).

For example, the IFSC Code BKID0002756 of Bank Of India for the Sultanabad branch includes these elements, identifying the bank and the branch location in Dumas (Dist Surat) and Gujarat correctly.

How to Find IFSC Code for Bank Of India?

If you are trying to find the IFSC Code BKID0002756 of Bank Of India for its Sultanabad branch located in Dumas (Dist Surat), 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 Dumas (Dist Surat) and Dumas Dist Surat, 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 Sultanabad or Dumas (Dist Surat) to get the exact IFSC Code BKID0002756.

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 Dumas (Dist Surat), you'll get the correct details.

How to Use IFSC Code BKID0002756 for Online Transfers?

If you have the IFSC Code BKID0002756 for the Sultanabad branch of Bank Of India in Dumas (Dist Surat), you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0002756. 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 BKID0002756.

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 Sultanabad in Dumas (Dist Surat), it may result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Bank Of India in Sultanabad, here are some of the ways 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.

Knowing both IFSC and MICR code can help account holders in Dumas (Dist Surat) manage their online transfers and cheque clearances easily.