IFSC Code of Bank Of India, Shringartali, Guhaghar Dist Ratnagiri, Maharashtra — BKID0001446

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 Shringartali 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 BKID0001446. 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, Shringartali, Guhaghar (Dist Ratnagiri)

Here are some of the key details that come with the IFSC Code BKID0001446 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 crucial, not just for online banking users but also for businesses and individuals who use Bank Of India in Guhaghar (Dist Ratnagiri) for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0001446 for the Shringartali 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 BKID0001446 is given to every bank branch, including Bank Of India located in Shringartali, Guhaghar (Dist Ratnagiri), Maharashtra, 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 Guhaghar (Dist Ratnagiri).
• 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 Guhaghar (Dist Ratnagiri) and Guhaghar Dist Ratnagiri.
• 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 Maharashtra and the rest of India, which is why the IFSC Code ensures that transactions meant for Bank Of India in Shringartali doesn't end up at another location.

Format of the IFSC Code BKID0001446

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): These represent the bank code. In Bank Of India, they are a short identifier for the bank.
• 5th character (0): This is always zero and is reserved for future use.
• Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Shringartali in Guhaghar (Dist Ratnagiri).

For example, the IFSC Code BKID0001446 of Bank Of India for the Shringartali branch has these elements, identifying the bank and the branch location in Guhaghar (Dist Ratnagiri) and Maharashtra correctly.

How to Find IFSC Code for Bank Of India?

If you are trying to find the IFSC Code BKID0001446 of Bank Of India for its Shringartali 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

You can easily find the IFSC and MICR codes because most banks, including Bank Of India branches in Guhaghar (Dist Ratnagiri) and Guhaghar Dist Ratnagiri, 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 Shringartali or Guhaghar (Dist Ratnagiri) to get the exact IFSC Code BKID0001446.

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 BKID0001446 for Online Transfers?

Once you have the IFSC Code BKID0001446 for the Shringartali branch of Bank Of India in Guhaghar (Dist Ratnagiri), you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0001446. 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 BKID0001446.

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 Shringartali in Guhaghar (Dist Ratnagiri) 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 Shringartali, 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.