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 Kurkheda branch in Kurkheda (Dist. Gadchiroli), Kurkheda Dist Gadchiroli, 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 Kurkheda (Dist. Gadchiroli) or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code BKID0009642. 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, Kurkheda, Kurkheda (Dist. Gadchiroli)
Here are the key points that are associated with the IFSC Code BKID0009642 of Bank Of India for its branch located in Kurkheda (Dist. Gadchiroli), within the district of Kurkheda Dist Gadchiroli in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Bank Of India |
| IFSC Code | BKID0009642 |
| Branch | Kurkheda |
| City | Kurkheda (Dist. Gadchiroli) |
| District | Kurkheda Dist Gadchiroli |
| State | Maharashtra |
| Address | Manuja Complexmain Road Kurkheda Dist Gadchiroli |
These details are crucial, not just for online banking users but also for businesses and individuals who use Bank Of India in Kurkheda (Dist. Gadchiroli) for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0009642 for the Kurkheda 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 BKID0009642 is given to every bank branch, including Bank Of India located in Kurkheda, Kurkheda (Dist. Gadchiroli), 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 Kurkheda (Dist. Gadchiroli).
- 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 Kurkheda (Dist. Gadchiroli) and Kurkheda Dist Gadchiroli.
- 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 Kurkheda doesn't end up at another location.
Format of the IFSC Code BKID0009642
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 Kurkheda in Kurkheda (Dist. Gadchiroli).
For example, the IFSC Code BKID0009642 of Bank Of India for the Kurkheda branch includes these elements, identifying the bank and the branch location in Kurkheda (Dist. Gadchiroli) and Maharashtra accurately.
How to Find IFSC Code for Bank Of India?
If you are trying to find the IFSC Code BKID0009642 of Bank Of India for its Kurkheda branch located in Kurkheda (Dist. Gadchiroli), 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
Most banks, including Bank Of India branches in Kurkheda (Dist. Gadchiroli) and Kurkheda Dist Gadchiroli, print the IFSC and MICR codes 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 Kurkheda or Kurkheda (Dist. Gadchiroli) to get the exact IFSC Code BKID0009642.
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 Kurkheda (Dist. Gadchiroli), you'll get the correct details.
How to Use IFSC Code BKID0009642 for Online Transfers?
Once you have the IFSC Code BKID0009642 for the Kurkheda branch of Bank Of India in Kurkheda (Dist. Gadchiroli), you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code BKID0009642. 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 BKID0009642.
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 Kurkheda in Kurkheda (Dist. Gadchiroli), your payment can get delayed or might not go through at all.
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 Kurkheda, here are some ways that you can get 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.
If you know both IFSC and MICR codes, then it can help account holders in Kurkheda (Dist. Gadchiroli) manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is BKID0009642.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Manuja Complexmain Road Kurkheda Dist Gadchiroli located in Kurkheda (Dist. Gadchiroli), Kurkheda Dist Gadchiroli, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.