IFSC Code of Bank Of India, Lanja, Lanja Dist Ratnagiri, Maharashtra — BKID0001402

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 Lanja branch in Lanja (Dist Ratnagiri), Lanja Dist Ratnagiri, Maharashtra, 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 Lanja (Dist Ratnagiri) or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code BKID0001402. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Bank Of India, Lanja, Lanja (Dist Ratnagiri)

The table below shows the main details of the IFSC Code BKID0001402 for the Bank Of India branch in Lanja (Dist Ratnagiri), which falls under the Lanja Dist Ratnagiri district in Maharashtra.

These details helps users in online banking and for businesses and individuals who use Bank Of India in Lanja (Dist Ratnagiri) for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0001402 for the Lanja 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 Lanja, Lanja (Dist Ratnagiri), Maharashtra, are given a unique IFSC like BKID0001402 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It clearly tells which bank branch it is in Lanja (Dist Ratnagiri).
• It helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It prevents any kind of confusion between different branches of the same bank in places like Lanja (Dist Ratnagiri) and Lanja Dist Ratnagiri.
• It reduces errors in fund transfers and improves accuracy.
• It helps the sender banks to validate and confirm branch details before processing payments.

It helps ensure that any money sent to Bank Of India in Lanja goes to the correct branch. This is important because Bank Of India has thousands of branches in Maharashtra and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code BKID0001402

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 Lanja in Lanja (Dist Ratnagiri).

For example, the IFSC Code BKID0001402 of Bank Of India for the Lanja branch includes these elements, identifying the bank and the branch location in Lanja (Dist Ratnagiri) and Maharashtra accurately.

How to Find IFSC Code for Bank Of India?

If you are trying to find the IFSC Code BKID0001402 of Bank Of India for its Lanja branch located in Lanja (Dist Ratnagiri), 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

You can easily find the IFSC and MICR codes because most banks, including Bank Of India branches in Lanja (Dist Ratnagiri) and Lanja Dist Ratnagiri, print them 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 Lanja or Lanja (Dist Ratnagiri) to get the exact IFSC Code BKID0001402.

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 Lanja (Dist Ratnagiri), you'll get the correct details.

How to Use IFSC Code BKID0001402 for Online Transfers?

Once you have the IFSC Code BKID0001402 for the Lanja branch of Bank Of India in Lanja (Dist Ratnagiri), you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code BKID0001402. 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 BKID0001402.

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 Lanja in Lanja (Dist Ratnagiri), 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 Lanja, 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 Lanja (Dist Ratnagiri) to handle online money transfers and get their cheques cleared smoothly.