IFSC Code of Bank Of India, Gunjewahi, Gunjewahi Dist Chandrapur, Maharashtra — BKID0009626

For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Bank Of India for its Gunjewahi branch in Gunjewahi (Dist. Chandrapur), Gunjewahi Dist Chandrapur, Maharashtra, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly over the years, and today customers of Bank Of India located in Gunjewahi (Dist. Chandrapur) or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code BKID0009626. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Bank Of India, Gunjewahi, Gunjewahi (Dist. Chandrapur)

Here are the main details that are associated with the IFSC Code BKID0009626 of Bank Of India for its branch located in Gunjewahi (Dist. Chandrapur), within the district of Gunjewahi Dist Chandrapur in the state of Maharashtra.

These details are essential not only for online banking users but also for businesses and individuals who use Bank Of India in Gunjewahi (Dist. Chandrapur) for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0009626 for the Gunjewahi 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Bank Of India located in Gunjewahi, Gunjewahi (Dist. Chandrapur), Maharashtra, is provided a unique IFSC like BKID0009626 so that their online payments reach the right place.

The IFSC Code is important because:

• It uniquely recognizes the Bank Of India branch in Gunjewahi (Dist. Chandrapur).
• Helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It avoids any confusions between multiple branches of the same bank across different places like Gunjewahi (Dist. Chandrapur) and Gunjewahi Dist Chandrapur.
• It reduces most of the errors in fund transfers and makes sure its accuracy.
• It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Maharashtra and the rest of India, the IFSC Code ensures that transactions meant for Bank Of India in Gunjewahi do not get misguided to another person.

Format of the IFSC Code BKID0009626

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 Gunjewahi in Gunjewahi (Dist. Chandrapur).

For example, the IFSC Code BKID0009626 of Bank Of India for the Gunjewahi branch includes these elements, identifying the bank and the branch location in Gunjewahi (Dist. Chandrapur) and Maharashtra correctly.

How to Find IFSC Code for Bank Of India?

If you are trying to find the IFSC Code BKID0009626 of Bank Of India for its Gunjewahi branch located in Gunjewahi (Dist. Chandrapur), 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 Gunjewahi (Dist. Chandrapur) and Gunjewahi Dist Chandrapur, 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 Gunjewahi or Gunjewahi (Dist. Chandrapur) to get the exact IFSC Code BKID0009626.

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 Gunjewahi (Dist. Chandrapur), you'll get the correct details.

How to Use IFSC Code BKID0009626 for Online Transfers?

If you have the IFSC Code BKID0009626 for the Gunjewahi branch of Bank Of India in Gunjewahi (Dist. Chandrapur), you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0009626. 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 BKID0009626.

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 Gunjewahi in Gunjewahi (Dist. Chandrapur), it 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 Gunjewahi, 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 Gunjewahi (Dist. Chandrapur) to handle online money transfers and get their cheques cleared smoothly.