IFSC Code of Bank Of India, Lalpur, Lalpur Gujrat, Gujarat- BKID0003267

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 Lalpur branch in Lalpur (Gujrat), Lalpur Gujrat, Gujarat, 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 Lalpur (Gujrat) or anywhere in Gujarat can easily transfer funds instantly by using the correct IFSC Code BKID0003267. 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, Lalpur, Lalpur (Gujrat)

Here are the main details that are associated with the IFSC Code BKID0003267 of Bank Of India for its branch located in Lalpur (Gujrat), within the district of Lalpur Gujrat in the state of Gujarat.

These details are crucial, not just for online banking users but also for businesses and individuals who use Bank Of India in Lalpur (Gujrat) for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0003267 for the Lalpur 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 provided by the Reserve Bank of India. Every bank branch, along with Bank Of India located in Lalpur, Lalpur (Gujrat), Gujarat, are allotted a unique IFSC like BKID0003267 to ensure that online payments reach the right destination.

The IFSC Code is important because:

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

Format of the IFSC Code BKID0003267

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 Lalpur in Lalpur (Gujrat).

For example, the IFSC Code BKID0003267 of Bank Of India for the Lalpur branch includes these elements, identifying the bank and the branch location in Lalpur (Gujrat) and Gujarat accurately.

How to Find IFSC Code for Bank Of India?

If you are trying to find the IFSC Code BKID0003267 of Bank Of India for its Lalpur branch located in Lalpur (Gujrat), 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 Lalpur (Gujrat) and Lalpur Gujrat, 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 Lalpur or Lalpur (Gujrat) to get the exact IFSC Code BKID0003267.

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 Lalpur (Gujrat) that will provide accurate information.

How to Use IFSC Code BKID0003267 for Online Transfers?

Once you have the IFSC Code BKID0003267 for the Lalpur branch of Bank Of India in Lalpur (Gujrat), you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0003267. 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 BKID0003267.

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 Lalpur in Lalpur (Gujrat) 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 Lalpur, 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 Lalpur (Gujrat) manage online transfers as well as cheque clearances with ease.