IFSC Code of Bank Of India, Jambhavali Gourkamath, Jamabhavali Dist Raigad, Maharashtra — BKID0001208

Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Bank Of India for its Jambhavali Gourkamath branch in Jamabhavali (Dist Raigad), Jamabhavali Dist Raigad, or Maharashtra, this guide will help you with all the details.

There have been major changes in the banking sector in India and today, the customers of Bank Of India located in Jamabhavali (Dist Raigad) or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code BKID0001208. You should definitely 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, Jambhavali Gourkamath, Jamabhavali (Dist Raigad)

Here are the key points that are associated with the IFSC Code BKID0001208 of Bank Of India for its branch located in Jamabhavali (Dist Raigad), within the district of Jamabhavali Dist Raigad 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 Jamabhavali (Dist Raigad) for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0001208 for the Jambhavali Gourkamath 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 provided by the Reserve Bank of India. Every bank branch, along with Bank Of India located in Jambhavali Gourkamath, Jamabhavali (Dist Raigad), Maharashtra, are allotted a unique IFSC like BKID0001208 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It clearly tells which bank branch it is in Jamabhavali (Dist Raigad).
• It helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It prevents confusion between different branches of the same bank in places like Jamabhavali (Dist Raigad) and Jamabhavali 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 makes sure that money sent to Bank Of India in Jambhavali Gourkamath reaches the right place, even though there are thousands of branches in Maharashtra and across India.

Format of the IFSC Code BKID0001208

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 Jambhavali Gourkamath in Jamabhavali (Dist Raigad).

For example, the IFSC Code BKID0001208 of Bank Of India for the Jambhavali Gourkamath branch has these elements, identifying the bank and the branch location in Jamabhavali (Dist Raigad) and Maharashtra correctly.

How to Find IFSC Code for Bank Of India?

If you are trying to find the IFSC Code BKID0001208 of Bank Of India for its Jambhavali Gourkamath branch located in Jamabhavali (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 Jamabhavali (Dist Raigad) and Jamabhavali 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 Jambhavali Gourkamath or Jamabhavali (Dist Raigad) to get the exact IFSC Code BKID0001208.

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

How to Use IFSC Code BKID0001208 for Online Transfers?

If you have the IFSC Code BKID0001208 for the Jambhavali Gourkamath branch of Bank Of India in Jamabhavali (Dist Raigad), you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0001208. 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 BKID0001208.

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