IFSC Code of Bank Of India, Kandri, Kandri Tal Ramtek Dist Nagpur, Maharashtra- BKID0008721

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 Kandri branch in Kandri Tal. Ramtek Dist Nagpur, Kandri Tal Ramtek Dist Nagpur, 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 Kandri Tal. Ramtek Dist Nagpur or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code BKID0008721. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Bank Of India, Kandri, Kandri Tal. Ramtek Dist Nagpur

Here are some of the key details that come with the IFSC Code BKID0008721 of Bank Of India for its branch located in Kandri Tal. Ramtek Dist Nagpur, within the district of Kandri Tal Ramtek Dist Nagpur in the state of Maharashtra.

These details helps users in online banking and for businesses and individuals who use Bank Of India in Kandri Tal. Ramtek Dist Nagpur for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0008721 for the Kandri branch of Bank Of India plays a vital role.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like BKID0008721 is given to every bank branch, including Bank Of India located in Kandri, Kandri Tal. Ramtek Dist Nagpur, Maharashtra, to make sure that online payments reach the right place.

The IFSC Code is important because:

• It uniquely identifies the Bank Of India branch in Kandri Tal. Ramtek Dist Nagpur.
• It helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It avoids any kind of confusion between multiple branches of the same bank across different places like Kandri Tal. Ramtek Dist Nagpur and Kandri Tal Ramtek Dist Nagpur.
• It removes errors in fund transfers and improves accuracy.
• It lets the sender banks validate and confirm branch details before they process the payments.

There are thousands of branches across Maharashtra and the rest of India, which is why the IFSC Code ensures that transactions meant for Bank Of India in Kandri doesn't end up at another location.

Format of the IFSC Code BKID0008721

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

AAAA0CCCCCC

Here's the breakdown:

• First 4 characters (AAAA): These represent the bank code. In Bank Of India, they are a short identifier for the bank.
• 5th character (0): This is always zero and is reserved for future use.
• Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Kandri in Kandri Tal. Ramtek Dist Nagpur.

For example, the IFSC Code BKID0008721 of Bank Of India for the Kandri branch has these elements, identifying the bank and the branch location in Kandri Tal. Ramtek Dist Nagpur and Maharashtra correctly.

How to Find IFSC Code for Bank Of India?

If you are trying to find the IFSC Code BKID0008721 of Bank Of India for its Kandri branch located in Kandri Tal. Ramtek Dist Nagpur, the following methods can help:

Cheque Book

The cheque books that are issued by Bank Of India include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

Most banks, including Bank Of India branches in Kandri Tal. Ramtek Dist Nagpur and Kandri Tal Ramtek Dist Nagpur, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Bank Of India and find the branch locator section. Search for Kandri or Kandri Tal. Ramtek Dist Nagpur to get the exact IFSC Code BKID0008721.

Mobile Banking App

If you use Bank Of India's mobile app, you can easily 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 to help you in searching for Bank Of India and Kandri Tal. Ramtek Dist Nagpur that will provide accurate information.

How to Use IFSC Code BKID0008721 for Online Transfers?

Once you have the IFSC Code BKID0008721 for the Kandri branch of Bank Of India in Kandri Tal. Ramtek Dist Nagpur, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0008721. Transfers are processed in batches. This is 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. Requires the recipient's account details and Bank Of India IFSC Code BKID0008721.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Bank Of India Kandri in Kandri Tal. Ramtek Dist Nagpur 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 Kandri, 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 Kandri Tal. Ramtek Dist Nagpur to handle online money transfers and get their cheques cleared smoothly.