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 Songadh branch in Fort Songadh (Dist: Tapi), Fort Songadh Dist Tapi, 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 Fort Songadh (Dist: Tapi) or anywhere in Gujarat can easily transfer funds instantly by using the correct IFSC Code BKID0002541. 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, Songadh, Fort Songadh (Dist: Tapi)
Below in the table are the key details related to IFSC Code BKID0002541 of Bank Of India for its branch located in Fort Songadh (Dist: Tapi), within the district of Fort Songadh Dist Tapi in the state of Gujarat.
| Particulars | Details |
|---|---|
| Bank | Bank Of India |
| IFSC Code | BKID0002541 |
| Branch | Songadh |
| City | Fort Songadh (Dist: Tapi) |
| District | Fort Songadh Dist Tapi |
| State | Gujarat |
| Address | Round Floor 11 12 13Aashirwad Residencyjunagamsongadh Dist Tapigujarat |
These details are essential not only for online banking users but also for businesses and individuals who use Bank Of India in Fort Songadh (Dist: Tapi) for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0002541 for the Songadh 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 Songadh, Fort Songadh (Dist: Tapi), Gujarat, are given a unique IFSC like BKID0002541 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Fort Songadh (Dist: Tapi).
- 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 Fort Songadh (Dist: Tapi) and Fort Songadh Dist Tapi.
- 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 Songadh goes to the correct branch. This is important because Bank Of India has thousands of branches in Gujarat and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code BKID0002541
This is the format of the IFSC Code for banks, including Bank Of India, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For Bank Of India, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Songadh in Fort Songadh (Dist: Tapi).
For example, the IFSC Code BKID0002541 of Bank Of India for the Songadh branch includes these elements, identifying the bank and the branch location in Fort Songadh (Dist: Tapi) and Gujarat accurately.
How to Find IFSC Code for Bank Of India?
If you are trying to find the IFSC Code BKID0002541 of Bank Of India for its Songadh branch located in Fort Songadh (Dist: Tapi), 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 Fort Songadh (Dist: Tapi) and Fort Songadh Dist Tapi, 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 Songadh or Fort Songadh (Dist: Tapi) to get the exact IFSC Code BKID0002541.
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 Fort Songadh (Dist: Tapi), you'll get the correct details.
How to Use IFSC Code BKID0002541 for Online Transfers?
Once you have the IFSC Code BKID0002541 for the Songadh branch of Bank Of India in Fort Songadh (Dist: Tapi), you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code BKID0002541. 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 BKID0002541.
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 Songadh in Fort Songadh (Dist: Tapi), 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 Songadh, 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 Fort Songadh (Dist: Tapi) to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is BKID0002541.
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 Round Floor 11 12 13Aashirwad Residencyjunagamsongadh Dist Tapigujarat located in Fort Songadh (Dist: Tapi), Fort Songadh Dist Tapi, Gujarat.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.