IFSC Code of Bank Of India, Indapur, Indapur Dist Raigad, Maharashtra — BKID0001204

The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Bank Of India for its Indapur branch in Indapur (Dist Raigad), Indapur Dist Raigad, Maharashtra, this complete guide will provide you with detailed information.

The banking system in India has changed over the years, and today customers of Bank Of India located in Indapur (Dist Raigad) or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code BKID0001204. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Bank Of India, Indapur, Indapur (Dist Raigad)

Below in the table are the key details related to IFSC Code BKID0001204 of Bank Of India for its branch located in Indapur (Dist Raigad), within the district of Indapur Dist Raigad 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 Indapur (Dist Raigad) for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code BKID0001204 for the Indapur 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 Indapur, Indapur (Dist Raigad), Maharashtra, are given a unique IFSC like BKID0001204 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It clearly tells which bank branch it is in Indapur (Dist Raigad).
• 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 Indapur (Dist Raigad) and Indapur Dist Raigad.
• 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 Indapur goes to the correct branch. This is important because Bank Of India has thousands of branches in Maharashtra and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code BKID0001204

The format of the IFSC Code for banks, including Bank Of India, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown of this:

• First 4 characters (AAAA): Represent the bank code. For Bank Of India, these characters are the bank's short identifier.
• 5th character (0): Always zero which is reserved for future use.
• Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Indapur in Indapur (Dist Raigad).

For example, the IFSC Code BKID0001204 of Bank Of India for the Indapur branch includes these elements, identifying the bank and the branch location in Indapur (Dist Raigad) and Maharashtra accurately.

How to Find IFSC Code for Bank Of India?

If you are trying to find the IFSC Code BKID0001204 of Bank Of India for its Indapur branch located in Indapur (Dist Raigad), 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 Indapur (Dist Raigad) and Indapur Dist Raigad, 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 Indapur or Indapur (Dist Raigad) to get the exact IFSC Code BKID0001204.

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 Indapur (Dist Raigad), you'll get the correct details.

How to Use IFSC Code BKID0001204 for Online Transfers?

Once you have the IFSC Code BKID0001204 for the Indapur branch of Bank Of India in Indapur (Dist Raigad), you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0001204. 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 BKID0001204.

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 Indapur in Indapur (Dist Raigad) 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 Indapur, 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 Indapur (Dist Raigad) to handle online money transfers and get their cheques cleared smoothly.