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 Karanja Ghatge branch in Karanja Ghadge (Distt Wardha), Karanja Ghadge Distt Wardha, 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 Karanja Ghadge (Distt Wardha) or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code BKID0009725. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Bank Of India, Karanja Ghatge, Karanja Ghadge (Distt Wardha)

Here are some of the key details that come with the IFSC Code BKID0009725 of Bank Of India for its branch located in Karanja Ghadge (Distt Wardha), within the district of Karanja Ghadge Distt Wardha in the state of Maharashtra.

Particulars Details
Bank Bank Of India
IFSC Code BKID0009725
Branch Karanja Ghatge
City Karanja Ghadge (Distt Wardha)
District Karanja Ghadge Distt Wardha
State Maharashtra
Address Plot No 36 Ward No 1 Near Kalambe Hospitalkaranja Ghatge Dist Wardha

These details help users in online banking and for businesses and individuals who use Bank Of India in Karanja Ghadge (Distt Wardha) for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0009725 for the Karanja Ghatge 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 Karanja Ghatge, Karanja Ghadge (Distt Wardha), Maharashtra, are allotted a unique IFSC like BKID0009725 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Karanja Ghadge (Distt Wardha).
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Karanja Ghadge (Distt Wardha) and Karanja Ghadge Distt Wardha.
  • 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 Karanja Ghatge reaches the right place, even though there are thousands of branches in Maharashtra and across India.

Format of the IFSC Code BKID0009725

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 Karanja Ghatge in Karanja Ghadge (Distt Wardha).

For example, the IFSC Code BKID0009725 of Bank Of India for the Karanja Ghatge branch has these elements, identifying the bank and the branch location in Karanja Ghadge (Distt Wardha) and Maharashtra correctly.

How to Find IFSC Code for Bank Of India?

To find the IFSC Code BKID0009725 of Bank Of India for its Karanja Ghatge branch located in Karanja Ghadge (Distt Wardha), 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 Karanja Ghadge (Distt Wardha) and Karanja Ghadge Distt Wardha, 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 Karanja Ghatge or Karanja Ghadge (Distt Wardha) to find the exact IFSC Code BKID0009725.

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 Karanja Ghadge (Distt Wardha) will provide accurate information.

How to Use IFSC Code BKID0009725 for Online Transfers?

Once you have the IFSC Code BKID0009725 for the Karanja Ghatge branch of Bank Of India in Karanja Ghadge (Distt Wardha), you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code BKID0009725. 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 BKID0009725.

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 Karanja Ghatge in Karanja Ghadge (Distt Wardha), 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 Karanja Ghatge, 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 Karanja Ghadge (Distt Wardha) manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of India in Karanja Ghatge, Karanja Ghadge (Distt Wardha)?

The IFSC Code is BKID0009725.

Is the IFSC Code BKID0009725 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 Karanja Ghatge?

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 Karanja Ghatge branch?

The address of the branch is Plot No 36 Ward No 1 Near Kalambe Hospitalkaranja Ghatge Dist Wardha located in Karanja Ghadge (Distt Wardha), Karanja Ghadge Distt Wardha, 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.