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 Jadarbablad branch in Jadar Bablad (Dist Sangli), Jadar Bablad Dist Sangli, 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 Jadar Bablad (Dist Sangli) or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code BKID0001605. 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, Jadarbablad, Jadar Bablad (Dist Sangli)
Here are some of the key details that come with the IFSC Code BKID0001605 of Bank Of India for its branch located in Jadar Bablad (Dist Sangli), within the district of Jadar Bablad Dist Sangli in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Bank Of India |
| IFSC Code | BKID0001605 |
| Branch | Jadarbablad |
| City | Jadar Bablad (Dist Sangli) |
| District | Jadar Bablad Dist Sangli |
| State | Maharashtra |
| Address | At Post Jadarbabladtaluka Jath Dist Sangli |
These details are essential not only for online banking users but also for businesses and individuals who use Bank Of India in Jadar Bablad (Dist Sangli) for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0001605 for the Jadarbablad 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 Jadarbablad, Jadar Bablad (Dist Sangli), Maharashtra, are given a unique IFSC like BKID0001605 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Jadar Bablad (Dist Sangli).
- 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 Jadar Bablad (Dist Sangli) and Jadar Bablad Dist Sangli.
- 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 Jadarbablad 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 BKID0001605
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 Jadarbablad in Jadar Bablad (Dist Sangli).
For example, the IFSC Code BKID0001605 of Bank Of India for the Jadarbablad branch has these elements, identifying the bank and the branch location in Jadar Bablad (Dist Sangli) and Maharashtra correctly.
How to Find IFSC Code for Bank Of India?
To find the IFSC Code BKID0001605 of Bank Of India for its Jadarbablad branch located in Jadar Bablad (Dist Sangli), the following methods can help you out:
Cheque Book
The cheque book issued by Bank Of India includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Bank Of India branches in Jadar Bablad (Dist Sangli) and Jadar Bablad Dist Sangli, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Bank Of India and go to the branch locator section. Then search for Jadarbablad or Jadar Bablad (Dist Sangli) to find the exact IFSC Code BKID0001605.
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 maintains an updated database of all IFSC codes. Searching for Bank Of India and Jadar Bablad (Dist Sangli) will provide accurate information.
How to Use IFSC Code BKID0001605 for Online Transfers?
Once you have the IFSC Code BKID0001605 for the Jadarbablad branch of Bank Of India in Jadar Bablad (Dist Sangli), you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code BKID0001605. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and Bank Of India IFSC Code BKID0001605.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Bank Of India Jadarbablad in Jadar Bablad (Dist Sangli), it can result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Bank Of India in Jadarbablad, you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go to the first page of your passbook.
- Visit the official Bank Of India website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Jadar Bablad (Dist Sangli) manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is BKID0001605.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is At Post Jadarbabladtaluka Jath Dist Sangli located in Jadar Bablad (Dist Sangli), Jadar Bablad Dist Sangli, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.