IFSC Code of Bank Of India, Kontev Boblad, Kontev Boblad Dist Sangli, Maharashtra — BKID0001523

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 Kontev Boblad branch in Kontev Boblad (Dist Sangli), Kontev Boblad Dist Sangli, 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 Kontev Boblad (Dist Sangli) or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code BKID0001523. 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, Kontev Boblad, Kontev Boblad (Dist Sangli)

Here are the main details that are associated with the IFSC Code BKID0001523 of Bank Of India for its branch located in Kontev Boblad (Dist Sangli), within the district of Kontev Boblad Dist Sangli in the state of Maharashtra.

These details are important not only for users using online banking but also for businesses and individuals who use Bank Of India in Kontev Boblad (Dist Sangli) for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code BKID0001523 for the Kontev Boblad branch of Bank Of India is vital.

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 BKID0001523 is given to every bank branch, including Bank Of India located in Kontev Boblad, Kontev Boblad (Dist Sangli), 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 Kontev Boblad (Dist Sangli).
• 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 Kontev Boblad (Dist Sangli) and Kontev Boblad Dist Sangli.
• 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 Kontev Boblad doesn't end up at another location.

Format of the IFSC Code BKID0001523

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 Kontev Boblad in Kontev Boblad (Dist Sangli).

For example, the IFSC Code BKID0001523 of Bank Of India for the Kontev Boblad branch includes these elements, identifying the bank and the branch location in Kontev Boblad (Dist Sangli) and Maharashtra accurately.

How to Find IFSC Code for Bank Of India?

If you are looking for the IFSC Code BKID0001523 of Bank Of India for its Kontev Boblad branch located in Kontev Boblad (Dist Sangli), the following methods can help:

Cheque Book

The cheque book that is issued by Bank Of India includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.

Passbook

Most of the banks, including Bank Of India branches in Kontev Boblad (Dist Sangli) and Kontev Boblad Dist Sangli, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

You can visit the official website of Bank Of India and look for the branch locator section, then search for Kontev Boblad or Kontev Boblad (Dist Sangli) to get the exact IFSC Code BKID0001523.

Mobile Banking App

If you use Bank Of India's mobile app, you can check your account details to easily find your branch's IFSC code.

RBI Website

The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Bank Of India and Kontev Boblad (Dist Sangli), then it will provide you proper information.

How to Use IFSC Code BKID0001523 for Online Transfers?

Once you have the IFSC Code BKID0001523 for the Kontev Boblad branch of Bank Of India in Kontev Boblad (Dist Sangli), you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0001523. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. You need the recipient's account details and Bank Of India IFSC Code BKID0001523.

Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Bank Of India Kontev Boblad in Kontev Boblad (Dist Sangli), it can 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 Kontev Boblad, 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 Kontev Boblad (Dist Sangli) to handle online money transfers and get their cheques cleared smoothly.