IFSC Code of Bank Of India, Kavhe, Kavhe Dist Solapur, Maharashtra- BKID0000729

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 Kavhe branch in Kavhe (Dist Solapur), Kavhe Dist Solapur, Maharashtra, 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 Kavhe (Dist Solapur) or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code BKID0000729. 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, Kavhe, Kavhe (Dist Solapur)

Below in the table are the key details related to IFSC Code BKID0000729 of Bank Of India for its branch located in Kavhe (Dist Solapur), within the district of Kavhe Dist Solapur in the state of Maharashtra.

These details help users in online banking and for businesses and individuals who use Bank Of India in Kavhe (Dist Solapur) for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0000729 for the Kavhe 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 Kavhe, Kavhe (Dist Solapur), Maharashtra, are allotted a unique IFSC like BKID0000729 to ensure that online payments reach the right destination.

The IFSC Code is important because:

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

Format of the IFSC Code BKID0000729

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 Kavhe in Kavhe (Dist Solapur).

For example, the IFSC Code BKID0000729 of Bank Of India for the Kavhe branch has these elements, identifying the bank and the branch location in Kavhe (Dist Solapur) and Maharashtra correctly.

How to Find IFSC Code for Bank Of India?

If you are trying to find the IFSC Code BKID0000729 of Bank Of India for its Kavhe branch located in Kavhe (Dist Solapur), 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 Kavhe (Dist Solapur) and Kavhe Dist Solapur, 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 Kavhe or Kavhe (Dist Solapur) to get the exact IFSC Code BKID0000729.

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 Kavhe (Dist Solapur) that will provide accurate information.

How to Use IFSC Code BKID0000729 for Online Transfers?

Once you have the IFSC Code BKID0000729 for the Kavhe branch of Bank Of India in Kavhe (Dist Solapur), you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code BKID0000729. 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 BKID0000729.

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

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 Kavhe, 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 Kavhe (Dist Solapur) to handle online money transfers and get their cheques cleared smoothly.