IFSC Code of Bank Of India, Guhagar, Guhaghar Dist Ratnagiri, Maharashtra — BKID0001401

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 Guhagar branch in Guhaghar (Dist Ratnagiri), Guhaghar Dist Ratnagiri, Maharashtra, 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 Guhaghar (Dist Ratnagiri) or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code BKID0001401. 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, Guhagar, Guhaghar (Dist Ratnagiri)

Here are some of the key details that come with the IFSC Code BKID0001401 of Bank Of India for its branch located in Guhaghar (Dist Ratnagiri), within the district of Guhaghar Dist Ratnagiri in the state of Maharashtra.

These details are important not only for users using online banking but also for businesses and individuals who use Bank Of India in Guhaghar (Dist Ratnagiri) for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code BKID0001401 for the Guhagar branch of Bank Of India is vital.

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 Guhagar, Guhaghar (Dist Ratnagiri), Maharashtra, are allotted a unique IFSC like BKID0001401 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It clearly tells which bank branch it is in Guhaghar (Dist Ratnagiri).
• It helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It prevents confusion between different branches of the same bank in places like Guhaghar (Dist Ratnagiri) and Guhaghar Dist Ratnagiri.
• 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 Guhagar reaches the right place, even though there are thousands of branches in Maharashtra and across India.

Format of the IFSC Code BKID0001401

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 Guhagar in Guhaghar (Dist Ratnagiri).

For example, the IFSC Code BKID0001401 of Bank Of India for the Guhagar branch includes these elements, identifying the bank and the branch location in Guhaghar (Dist Ratnagiri) and Maharashtra accurately.

How to Find IFSC Code for Bank Of India?

If you are trying to find the IFSC Code BKID0001401 of Bank Of India for its Guhagar branch located in Guhaghar (Dist Ratnagiri), 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 Guhaghar (Dist Ratnagiri) and Guhaghar Dist Ratnagiri, 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 Guhagar or Guhaghar (Dist Ratnagiri) to get the exact IFSC Code BKID0001401.

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 Guhaghar (Dist Ratnagiri), you'll get the correct details.

How to Use IFSC Code BKID0001401 for Online Transfers?

Once you have the IFSC Code BKID0001401 for the Guhagar branch of Bank Of India in Guhaghar (Dist Ratnagiri), you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code BKID0001401. The transfer is completed in batches. It is useful for both personal and business payments.

RTGS

Used for payments over ₹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 BKID0001401.

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 Guhagar in Guhaghar (Dist Ratnagiri), 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 Guhagar, 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 Guhaghar (Dist Ratnagiri) to handle online money transfers and get their cheques cleared smoothly.