There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Bank Of India for its Ambika Nagar branch in Kalol, Kalol, Gujarat, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of Bank Of India situated in Kalol or anywhere in Gujarat can easily transfer funds instantly by using the correct IFSC Code BKID0002215. You should 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, Ambika Nagar, Kalol
Here are the key points that are associated with the IFSC Code BKID0002215 of Bank Of India for its branch located in Kalol, within the district of Kalol in the state of Gujarat.
| Particulars | Details |
|---|---|
| Bank | Bank Of India |
| IFSC Code | BKID0002215 |
| Branch | Ambika Nagar |
| City | Kalol |
| District | Kalol |
| State | Gujarat |
| Address | Shop No50 To 53 Shubh Complexnear Ambedkar 3 Rasta Kaolo Mehsana Highway |
These details help users in online banking and for businesses and individuals who use Bank Of India in Kalol for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0002215 for the Ambika Nagar branch of Bank Of India has a very 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 Ambika Nagar, Kalol, Gujarat, are allotted a unique IFSC like BKID0002215 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Kalol.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Kalol and Kalol.
- 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 Ambika Nagar reaches the right place, even though there are thousands of branches in Gujarat and across India.
Format of the IFSC Code BKID0002215
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 Ambika Nagar in Kalol.
For example, the IFSC Code BKID0002215 of Bank Of India for the Ambika Nagar branch includes these elements, identifying the bank and the branch location in Kalol and Gujarat accurately.
How to Find IFSC Code for Bank Of India?
If you are trying to find the IFSC Code BKID0002215 of Bank Of India for its Ambika Nagar branch located in Kalol, 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
Most banks, including Bank Of India branches in Kalol and Kalol, print the IFSC and MICR codes 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 Ambika Nagar or Kalol to get the exact IFSC Code BKID0002215.
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 Kalol, you'll get the correct details.
How to Use IFSC Code BKID0002215 for Online Transfers?
Once you have the IFSC Code BKID0002215 for the Ambika Nagar branch of Bank Of India in Kalol, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code BKID0002215. 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 BKID0002215.
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 Ambika Nagar in Kalol, it can result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Bank Of India in Ambika Nagar, here are some of the ways 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.
Knowing both IFSC and MICR code can help account holders in Kalol manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is BKID0002215.
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 Shop No50 To 53 Shubh Complexnear Ambedkar 3 Rasta Kaolo Mehsana Highway located in Kalol, Kalol, Gujarat.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.