For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Bank Of India for its Jinti branch in Jinti (Dist Solapur), Jinti Dist Solapur, Maharashtra, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly over the years, and today customers of Bank Of India located in Jinti (Dist Solapur) or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code BKID0000740. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Bank Of India, Jinti, Jinti (Dist Solapur)

Below in the table are the key details related to IFSC Code BKID0000740 of Bank Of India for its branch located in Jinti (Dist Solapur), within the district of Jinti Dist Solapur in the state of Maharashtra.

Particulars Details
Bank Bank Of India
IFSC Code BKID0000740
Branch Jinti
City Jinti (Dist Solapur)
District Jinti Dist Solapur
State Maharashtra
Address At Post Jintitaluka Karmala Dist Solapur

These details are important not only for users using online banking but also for businesses and individuals who use Bank Of India in Jinti (Dist Solapur) for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code BKID0000740 for the Jinti branch of Bank Of India is vital.

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 Jinti, Jinti (Dist Solapur), Maharashtra, is provided a unique IFSC like BKID0000740 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Bank Of India branch in Jinti (Dist Solapur).
  • 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 Jinti (Dist Solapur) and Jinti Dist Solapur.
  • 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 Jinti do not get misguided to another person.

Format of the IFSC Code BKID0000740

This is the format of the IFSC Code for banks, including Bank Of India, follows an 11-character structure:

AAAA0CCCCCC

Here's the explanation:

  • First 4 characters (AAAA): This is the bank code. For Bank Of India, these characters are the bank's short identifier.
  • 5th character (0): This stays zero till there is any future use.
  • Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Jinti in Jinti (Dist Solapur).

For example, the IFSC Code BKID0000740 of Bank Of India for the Jinti branch includes these elements, identifying the bank and the branch location in Jinti (Dist Solapur) and Maharashtra accurately.

How to Find IFSC Code for Bank Of India?

If you are trying to find the IFSC Code BKID0000740 of Bank Of India for its Jinti branch located in Jinti (Dist Solapur), 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 Jinti (Dist Solapur) and Jinti Dist Solapur, 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 Jinti or Jinti (Dist Solapur) to get the exact IFSC Code BKID0000740.

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 Jinti (Dist Solapur), you'll get the correct details.

How to Use IFSC Code BKID0000740 for Online Transfers?

Once you have the IFSC Code BKID0000740 for the Jinti branch of Bank Of India in Jinti (Dist Solapur), you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code BKID0000740. The transfer is completed in batches instead of instantly. It is useful for both 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. Requires the recipient's account details and Bank Of India IFSC Code BKID0000740.

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 Jinti in Jinti (Dist Solapur), your payment can get delayed or might not go through at all.

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 Jinti, 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 Jinti (Dist Solapur) manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of India in Jinti, Jinti (Dist Solapur)?

The IFSC Code is BKID0000740.

Is the IFSC Code BKID0000740 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

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

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

What is the full address of the Jinti branch?

The address of the branch is At Post Jintitaluka Karmala Dist Solapur located in Jinti (Dist Solapur), Jinti Dist Solapur, 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.