IFSC Code of Bank Of India, Khavati, Khavati Taluka Khed District Ratnagiri, Maharashtra — BKID0001442

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 Khavati branch in Khavati (Taluka Khed, District Ratnagiri), Khavati Taluka Khed District Ratnagiri, 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 Khavati (Taluka Khed, District Ratnagiri) or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code BKID0001442. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Bank Of India, Khavati, Khavati (Taluka Khed, District Ratnagiri)

The table below shows the main details of the IFSC Code BKID0001442 for the Bank Of India branch in Khavati (Taluka Khed, District Ratnagiri), which falls under the Khavati Taluka Khed District Ratnagiri district in Maharashtra.

These details help users in online banking and for businesses and individuals who use Bank Of India in Khavati (Taluka Khed, District Ratnagiri) for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0001442 for the Khavati 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 Khavati, Khavati (Taluka Khed, District Ratnagiri), Maharashtra, are allotted a unique IFSC like BKID0001442 to ensure that online payments reach the right destination.

The IFSC Code is important because:

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

Format of the IFSC Code BKID0001442

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 Khavati in Khavati (Taluka Khed, District Ratnagiri).

For example, the IFSC Code BKID0001442 of Bank Of India for the Khavati branch includes these elements, identifying the bank and the branch location in Khavati (Taluka Khed, District Ratnagiri) and Maharashtra accurately.

How to Find IFSC Code for Bank Of India?

To find the IFSC Code BKID0001442 of Bank Of India for its Khavati branch located in Khavati (Taluka Khed, District Ratnagiri), 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 Khavati (Taluka Khed, District Ratnagiri) and Khavati Taluka Khed District Ratnagiri, 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 Khavati or Khavati (Taluka Khed, District Ratnagiri) to find the exact IFSC Code BKID0001442.

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 Khavati (Taluka Khed, District Ratnagiri) will provide accurate information.

How to Use IFSC Code BKID0001442 for Online Transfers?

Once you have the IFSC Code BKID0001442 for the Khavati branch of Bank Of India in Khavati (Taluka Khed, District Ratnagiri), you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0001442. 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 BKID0001442.

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 Khavati in Khavati (Taluka Khed, District Ratnagiri) 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 Khavati, 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 Khavati (Taluka Khed, District Ratnagiri) to handle online money transfers and get their cheques cleared smoothly.