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 Jaysingpur branch in Jaysingpur, Jaysingpur, 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 Jaysingpur or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code BKID0000919. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

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

Here are the main details that are associated with the IFSC Code BKID0000919 of Bank Of India for its branch located in Jaysingpur, within the district of Jaysingpur in the state of Maharashtra.

Particulars Details
Bank Bank Of India
IFSC Code BKID0000919
Branch Jaysingpur
City Jaysingpur
District Jaysingpur
State Maharashtra
Address Radhabai Road Post Box No 60Jaysingpur

These details are important not only for users using online banking but also for businesses and individuals who use Bank Of India in Jaysingpur for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code BKID0000919 for the Jaysingpur 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, including Bank Of India located in Jaysingpur, Jaysingpur, Maharashtra, is provided with a unique IFSC like BKID0000919 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the Bank Of India branch in Jaysingpur.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any errors or confusions between multiple branches of the same bank across different places like Jaysingpur and Jaysingpur.
  • It reduces errors in fund transfers and improves accuracy.
  • It allows sender banks to validate and confirm branch details before processing payments.

There are thousands of branches across Maharashtra and the rest of India and the IFSC Code ensures that transactions meant for Bank Of India in Jaysingpur do not get mixed with another location.

Format of the IFSC Code BKID0000919

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 Jaysingpur in Jaysingpur.

For example, the IFSC Code BKID0000919 of Bank Of India for the Jaysingpur branch includes these elements, identifying the bank and the branch location in Jaysingpur and Maharashtra correctly.

How to Find IFSC Code for Bank Of India?

If you are looking for the IFSC Code BKID0000919 of Bank Of India for its Jaysingpur branch located in Jaysingpur, 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 Jaysingpur and Jaysingpur, 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 Jaysingpur or Jaysingpur to get the exact IFSC Code BKID0000919.

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 Jaysingpur, then it will provide you proper information.

How to Use IFSC Code BKID0000919 for Online Transfers?

Once you have the IFSC Code BKID0000919 for the Jaysingpur branch of Bank Of India in Jaysingpur, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code BKID0000919. The transfer is completed in batches. It is useful for both personal and business payments.

RTGS

Used for payments over ₹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 BKID0000919.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Bank Of India Jaysingpur in Jaysingpur, your payment can get delayed or might not go through at all.

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 Jaysingpur, 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 Jaysingpur to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

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

The IFSC Code is BKID0000919.

Is the IFSC Code BKID0000919 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

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

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

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Jaysingpur branch?

The address of the branch is Radhabai Road Post Box No 60Jaysingpur located in Jaysingpur, Jaysingpur, Maharashtra.

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.