IFSC Code of Bank Of India, Khed, Khed Tal Khed Dist Ratnagiri, Maharashtra — BKID0001464

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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Bank Of India for its Khed branch in Khed (Tal Khed, Dist Ratnagiri), Khed Tal Khed Dist Ratnagiri, Maharashtra, then this guide will give you detailed information.

The banking system has evolved significantly in India, and today the customers of Bank Of India located in Khed (Tal Khed, Dist Ratnagiri) or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code BKID0001464. 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, Khed, Khed (Tal Khed, Dist Ratnagiri)

Here are the key points that are associated with the IFSC Code BKID0001464 of Bank Of India for its branch located in Khed (Tal Khed, Dist Ratnagiri), within the district of Khed Tal Khed Dist Ratnagiri in the state of Maharashtra.

These details are crucial, not just for online banking users but also for businesses and individuals who use Bank Of India in Khed (Tal Khed, Dist Ratnagiri) for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0001464 for the Khed branch of Bank Of India has 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 BKID0001464 is given to every bank branch, including Bank Of India located in Khed, Khed (Tal Khed, Dist Ratnagiri), 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 Khed (Tal Khed, Dist Ratnagiri).
• 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 Khed (Tal Khed, Dist Ratnagiri) and Khed Tal Khed Dist Ratnagiri.
• 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 Khed doesn't end up at another location.

Format of the IFSC Code BKID0001464

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 Khed in Khed (Tal Khed, Dist Ratnagiri).

For example, the IFSC Code BKID0001464 of Bank Of India for the Khed branch includes these elements, identifying the bank and the branch location in Khed (Tal Khed, Dist Ratnagiri) and Maharashtra accurately.

How to Find IFSC Code for Bank Of India?

If you are trying to find the IFSC Code BKID0001464 of Bank Of India for its Khed branch located in Khed (Tal Khed, Dist Ratnagiri), 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 Khed (Tal Khed, Dist Ratnagiri) and Khed Tal Khed Dist 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 find the branch locator section. Search for Khed or Khed (Tal Khed, Dist Ratnagiri) to get the exact IFSC Code BKID0001464.

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 Khed (Tal Khed, Dist Ratnagiri) that will provide accurate information.

How to Use IFSC Code BKID0001464 for Online Transfers?

Once you have the IFSC Code BKID0001464 for the Khed branch of Bank Of India in Khed (Tal Khed, Dist Ratnagiri), you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code BKID0001464. 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 BKID0001464.

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 Khed in Khed (Tal Khed, Dist Ratnagiri), 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 Khed, 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 Khed (Tal Khed, Dist Ratnagiri) manage online transfers as well as cheque clearances with ease.