IFSC Code of Bank Of India, Kokrud, Kokrud Dist Sangli, Maharashtra- BKID0001514

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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Bank Of India for its Kokrud branch in Kokrud (Dist. Sangli), Kokrud Dist Sangli, or Maharashtra, this guide will help you with all the details.

There have been major changes in the banking sector in India and today, the customers of Bank Of India located in Kokrud (Dist. Sangli) or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code BKID0001514. 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, Kokrud, Kokrud (Dist. Sangli)

Here are the main details that are associated with the IFSC Code BKID0001514 of Bank Of India for its branch located in Kokrud (Dist. Sangli), within the district of Kokrud Dist Sangli in the state of Maharashtra.

These details are essential not only for online banking users but also for businesses and individuals who use Bank Of India in Kokrud (Dist. Sangli) for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0001514 for the Kokrud branch of Bank Of India plays an 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 Kokrud, Kokrud (Dist. Sangli), Maharashtra, are allotted a unique IFSC like BKID0001514 to ensure that online payments reach the right destination.

The IFSC Code is important because:

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

Format of the IFSC Code BKID0001514

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 Kokrud in Kokrud (Dist. Sangli).

For example, the IFSC Code BKID0001514 of Bank Of India for the Kokrud branch includes these elements, identifying the bank and the branch location in Kokrud (Dist. Sangli) and Maharashtra accurately.

How to Find IFSC Code for Bank Of India?

If you are trying to find the IFSC Code BKID0001514 of Bank Of India for its Kokrud branch located in Kokrud (Dist. Sangli), 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 Kokrud (Dist. Sangli) and Kokrud Dist Sangli, 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 Kokrud or Kokrud (Dist. Sangli) to get the exact IFSC Code BKID0001514.

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 Kokrud (Dist. Sangli) that will provide accurate information.

How to Use IFSC Code BKID0001514 for Online Transfers?

Once you have the IFSC Code BKID0001514 for the Kokrud branch of Bank Of India in Kokrud (Dist. Sangli), you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code BKID0001514. 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 BKID0001514.

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 Kokrud in Kokrud (Dist. Sangli), 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 Kokrud, 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 Kokrud (Dist. Sangli) manage online transfers as well as cheque clearances with ease.