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 Jath branch in Jath (Dist Sangli), Jath Dist Sangli, 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 Jath (Dist Sangli) or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code BKID0001521. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Bank Of India, Jath, Jath (Dist Sangli)
Below in the table are the key details related to IFSC Code BKID0001521 of Bank Of India for its branch located in Jath (Dist Sangli), within the district of Jath Dist Sangli in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Bank Of India |
| IFSC Code | BKID0001521 |
| Branch | Jath |
| City | Jath (Dist Sangli) |
| District | Jath Dist Sangli |
| State | Maharashtra |
| Address | 1St Floor Gp No 286 B Ward No 5 Nearst Stand At Po 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 Jath (Dist Sangli) for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0001521 for the Jath 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 Jath, Jath (Dist Sangli), Maharashtra, is provided a unique IFSC like BKID0001521 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Bank Of India branch in Jath (Dist Sangli).
- 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 Jath (Dist Sangli) and Jath Dist Sangli.
- 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 Jath do not get misguided to another person.
Format of the IFSC Code BKID0001521
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 Jath in Jath (Dist Sangli).
For example, the IFSC Code BKID0001521 of Bank Of India for the Jath branch includes these elements, identifying the bank and the branch location in Jath (Dist Sangli) and Maharashtra correctly.
How to Find IFSC Code for Bank Of India?
If you are looking for the IFSC Code BKID0001521 of Bank Of India for its Jath branch located in Jath (Dist Sangli), the following methods can help:
Cheque Book
The cheque book that is issued by Bank Of India includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including Bank Of India branches in Jath (Dist Sangli) and Jath Dist Sangli, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of Bank Of India and look for the branch locator section, then search for Jath or Jath (Dist Sangli) to get the exact IFSC Code BKID0001521.
Mobile Banking App
If you use Bank Of India's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Bank Of India and Jath (Dist Sangli), then it will provide you proper information.
How to Use IFSC Code BKID0001521 for Online Transfers?
Once you have the IFSC Code BKID0001521 for the Jath branch of Bank Of India in Jath (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 BKID0001521. 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 BKID0001521.
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 Jath in Jath (Dist Sangli), it can 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 Jath, 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 Jath (Dist Sangli) to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is BKID0001521.
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 1St Floor Gp No 286 B Ward No 5 Nearst Stand At Po Jath Dist Sangli located in Jath (Dist Sangli), Jath Dist Sangli, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.