IFSC Code of Bank Of India, Khedbrahma, Khedbrahma, Gujarat- BKID0002404

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 Khedbrahma branch in Khedbrahma, Khedbrahma, Gujarat, 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 Khedbrahma or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code BKID0002404. 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, Khedbrahma, Khedbrahma

Here are some of the key details that come with the IFSC Code BKID0002404 of Bank Of India for its branch located in Khedbrahma, within the district of Khedbrahma in the state of Gujarat.

These details helps users in online banking and for businesses and individuals who use Bank Of India in Khedbrahma for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0002404 for the Khedbrahma branch of Bank Of India plays a vital 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 Khedbrahma, Khedbrahma, Gujarat, are allotted a unique IFSC like BKID0002404 to ensure that online payments reach the right destination.

The IFSC Code is important because:

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

Format of the IFSC Code BKID0002404

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): Show the bank code. For Bank Of India, these letters represent the bank's short name.
• 5th character: Is always zero and is kept for future use.
• Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Khedbrahma in Khedbrahma.

For example, the IFSC Code BKID0002404 of Bank Of India for the Khedbrahma branch includes these elements, identifying the bank and the branch location in Khedbrahma and Gujarat accurately.

How to Find IFSC Code for Bank Of India?

If you are trying to find the IFSC Code BKID0002404 of Bank Of India for its Khedbrahma branch located in Khedbrahma, the following methods can help:

Cheque Book

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

Passbook

You can easily find the IFSC and MICR codes because most banks, including Bank Of India branches in Khedbrahma and Khedbrahma, print them on the first page of your passbook.

Bank Website

Visit the official website of Bank Of India and navigate to the branch locator section. Search for Khedbrahma or Khedbrahma to get the exact IFSC Code BKID0002404.

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 keeps an updated list of all IFSC codes. If you search for Bank Of India and Khedbrahma, you'll get the correct details.

How to Use IFSC Code BKID0002404 for Online Transfers?

Once you have the IFSC Code BKID0002404 for the Khedbrahma branch of Bank Of India in Khedbrahma, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0002404. 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 BKID0002404.

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 Khedbrahma in Khedbrahma 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 Khedbrahma, 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 Khedbrahma to handle online money transfers and get their cheques cleared smoothly.