Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Bank Of India for its Kanur Khurd branch in Kanur Khurd (Tal Chandgad, Dist Kolhapur), Kanur Khurd Tal Chandgad Dist Kolhapur, or Maharashtra, this guide will help you with all the details.

There have been major changes in the banking sector in India and today, the customers of Bank Of India located in Kanur Khurd (Tal Chandgad, Dist Kolhapur) or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code BKID0000938. You should definitely 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, Kanur Khurd, Kanur Khurd (Tal Chandgad, Dist Kolhapur)

Here are the key points that are associated with the IFSC Code BKID0000938 of Bank Of India for its branch located in Kanur Khurd (Tal Chandgad, Dist Kolhapur), within the district of Kanur Khurd Tal Chandgad Dist Kolhapur in the state of Maharashtra.

Particulars Details
Bank Bank Of India
IFSC Code BKID0000938
Branch Kanur Khurd
City Kanur Khurd (Tal Chandgad, Dist Kolhapur)
District Kanur Khurd Tal Chandgad Dist Kolhapur
State Maharashtra
Address At Post Kanur Khurdtal Chandgad Dist Kolhapur

These details are essential not only for online banking users but also for businesses and individuals who use Bank Of India in Kanur Khurd (Tal Chandgad, Dist Kolhapur) for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0000938 for the Kanur Khurd 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, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like BKID0000938 is given to every bank branch, including Bank Of India located in Kanur Khurd, Kanur Khurd (Tal Chandgad, Dist Kolhapur), 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 Kanur Khurd (Tal Chandgad, Dist Kolhapur).
  • 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 Kanur Khurd (Tal Chandgad, Dist Kolhapur) and Kanur Khurd Tal Chandgad Dist Kolhapur.
  • 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 Kanur Khurd doesn't end up at another location.

Format of the IFSC Code BKID0000938

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

AAAA0CCCCCC

Here's the breakdown of this:

  • First 4 characters (AAAA): Represent the bank code. For Bank Of India, these characters are the bank's short identifier.
  • 5th character (0): Always zero which is reserved for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Kanur Khurd in Kanur Khurd (Tal Chandgad, Dist Kolhapur).

For example, the IFSC Code BKID0000938 of Bank Of India for the Kanur Khurd branch includes these elements, identifying the bank and the branch location in Kanur Khurd (Tal Chandgad, Dist Kolhapur) and Maharashtra accurately.

How to Find IFSC Code for Bank Of India?

To find the IFSC Code BKID0000938 of Bank Of India for its Kanur Khurd branch located in Kanur Khurd (Tal Chandgad, Dist Kolhapur), the following methods can help you out:

Cheque Book

The cheque book issued by Bank Of India includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.

Passbook

Most banks, including Bank Of India branches in Kanur Khurd (Tal Chandgad, Dist Kolhapur) and Kanur Khurd Tal Chandgad Dist Kolhapur, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Bank Of India and go to the branch locator section. Then search for Kanur Khurd or Kanur Khurd (Tal Chandgad, Dist Kolhapur) to find the exact IFSC Code BKID0000938.

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 maintains an updated database of all IFSC codes. Searching for Bank Of India and Kanur Khurd (Tal Chandgad, Dist Kolhapur) will provide accurate information.

How to Use IFSC Code BKID0000938 for Online Transfers?

Once you have the IFSC Code BKID0000938 for the Kanur Khurd branch of Bank Of India in Kanur Khurd (Tal Chandgad, Dist Kolhapur), you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0000938. 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 BKID0000938.

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 Kanur Khurd in Kanur Khurd (Tal Chandgad, Dist Kolhapur), it can result in delayed or failed transactions.

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 Kanur Khurd, 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 Kanur Khurd (Tal Chandgad, Dist Kolhapur) manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of India in Kanur Khurd, Kanur Khurd (Tal Chandgad, Dist Kolhapur)?

The IFSC Code is BKID0000938.

Is the IFSC Code BKID0000938 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 Kanur Khurd?

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 Kanur Khurd branch?

The address of the branch is At Post Kanur Khurdtal Chandgad Dist Kolhapur located in Kanur Khurd (Tal Chandgad, Dist Kolhapur), Kanur Khurd Tal Chandgad Dist Kolhapur, 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.