The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Bank Of India for its Kunjrao branch in Kunjrao (Dist. Anand), Kunjrao Dist Anand, Gujarat, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of Bank Of India located in Kunjrao (Dist. Anand) or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code BKID0002814. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Bank Of India, Kunjrao, Kunjrao (Dist. Anand)
Here are some of the key details that come with the IFSC Code BKID0002814 of Bank Of India for its branch located in Kunjrao (Dist. Anand), within the district of Kunjrao Dist Anand in the state of Gujarat.
| Particulars | Details |
|---|---|
| Bank | Bank Of India |
| IFSC Code | BKID0002814 |
| Branch | Kunjrao |
| City | Kunjrao (Dist. Anand) |
| District | Kunjrao Dist Anand |
| State | Gujarat |
| Address | Kunjraodistrict Anand |
These details helps users in online banking and for businesses and individuals who use Bank Of India in Kunjrao (Dist. Anand) for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0002814 for the Kunjrao 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 Kunjrao, Kunjrao (Dist. Anand), Gujarat, are allotted a unique IFSC like BKID0002814 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Kunjrao (Dist. Anand).
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Kunjrao (Dist. Anand) and Kunjrao Dist Anand.
- 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 Kunjrao reaches the right place, even though there are thousands of branches in Gujarat and across India.
Format of the IFSC Code BKID0002814
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 Kunjrao in Kunjrao (Dist. Anand).
For example, the IFSC Code BKID0002814 of Bank Of India for the Kunjrao branch includes these elements, identifying the bank and the branch location in Kunjrao (Dist. Anand) and Gujarat accurately.
How to Find IFSC Code for Bank Of India?
To find the IFSC Code BKID0002814 of Bank Of India for its Kunjrao branch located in Kunjrao (Dist. Anand), 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 Kunjrao (Dist. Anand) and Kunjrao Dist Anand, 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 Kunjrao or Kunjrao (Dist. Anand) to find the exact IFSC Code BKID0002814.
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 Kunjrao (Dist. Anand) will provide accurate information.
How to Use IFSC Code BKID0002814 for Online Transfers?
If you have the IFSC Code BKID0002814 for the Kunjrao branch of Bank Of India in Kunjrao (Dist. Anand), you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code BKID0002814. Transfers are processed in batches. 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. Asks for the recipient's account details and Bank Of India IFSC Code BKID0002814.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Bank Of India Kunjrao in Kunjrao (Dist. Anand), it 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 Kunjrao, 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 Kunjrao (Dist. Anand) to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is BKID0002814.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Kunjraodistrict Anand located in Kunjrao (Dist. Anand), Kunjrao Dist Anand, Gujarat.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.