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 Jamnagar branch in Jamnagar, Jamnagar, Gujarat, 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 Jamnagar or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code BKID0003250. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Bank Of India, Jamnagar, Jamnagar

Here are the key points that are associated with the IFSC Code BKID0003250 of Bank Of India for its branch located in Jamnagar, within the district of Jamnagar in the state of Gujarat.

Particulars Details
Bank Bank Of India
IFSC Code BKID0003250
Branch Jamnagar
City Jamnagar
District Jamnagar
State Gujarat
Address Ranjit Roadpost Box No 503

These details are important not only for users using online banking but also for businesses and individuals who use Bank Of India in Jamnagar for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code BKID0003250 for the Jamnagar 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 Jamnagar, Jamnagar, Gujarat, are given a unique IFSC like BKID0003250 to ensure that online payments reach the right destination.

The IFSC Code is important because:

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

Format of the IFSC Code BKID0003250

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 Jamnagar in Jamnagar.

For example, the IFSC Code BKID0003250 of Bank Of India for the Jamnagar branch includes these elements, identifying the bank and the branch location in Jamnagar and Gujarat correctly.

How to Find IFSC Code for Bank Of India?

To find the IFSC Code BKID0003250 of Bank Of India for its Jamnagar branch located in Jamnagar, 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 Jamnagar and Jamnagar, 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 Jamnagar or Jamnagar to find the exact IFSC Code BKID0003250.

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 Jamnagar will provide accurate information.

How to Use IFSC Code BKID0003250 for Online Transfers?

If you have the IFSC Code BKID0003250 for the Jamnagar branch of Bank Of India in Jamnagar, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0003250. 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 BKID0003250.

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 Jamnagar in Jamnagar, 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 Jamnagar, here are some ways that you can get 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.

If you know both IFSC and MICR codes, then it can help account holders in Jamnagar manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of India in Jamnagar, Jamnagar?

The IFSC Code is BKID0003250.

Is the IFSC Code BKID0003250 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and the IFSC is for online transfers.

Where can I find the IFSC Code of Bank Of India Jamnagar?

You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Jamnagar branch?

The address of the branch is Ranjit Roadpost Box No 503 located in Jamnagar, Jamnagar, Gujarat.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.

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