IFSC Code of Bank Of India, Latwan, Latwan Tal Mandangad Dist Ratnagiri, Maharashtra — BKID0001430

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 Latwan branch in Latwan (Tal Mandangad Dist Ratnagiri), Latwan Tal Mandangad Dist Ratnagiri, 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 Latwan (Tal Mandangad Dist Ratnagiri) or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code BKID0001430. 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, Latwan, Latwan (Tal Mandangad Dist Ratnagiri)

The table below shows the main details of the IFSC Code BKID0001430 for the Bank Of India branch in Latwan (Tal Mandangad Dist Ratnagiri), which falls under the Latwan Tal Mandangad Dist Ratnagiri district in Maharashtra.

These details help users in online banking and for businesses and individuals who use Bank Of India in Latwan (Tal Mandangad Dist Ratnagiri) for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0001430 for the Latwan branch of Bank Of India has a very 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 Latwan, Latwan (Tal Mandangad Dist Ratnagiri), Maharashtra, are given a unique IFSC like BKID0001430 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It clearly tells which bank branch it is in Latwan (Tal Mandangad 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 Latwan (Tal Mandangad Dist Ratnagiri) and Latwan Tal Mandangad 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 Latwan 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 BKID0001430

The format of the IFSC Code for banks, including Bank Of India, has 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 Latwan in Latwan (Tal Mandangad Dist Ratnagiri).

For example, the IFSC Code BKID0001430 of Bank Of India for the Latwan branch includes these elements, identifying the bank and the branch location in Latwan (Tal Mandangad Dist Ratnagiri) and Maharashtra correctly.

How to Find IFSC Code for Bank Of India?

If you are trying to find the IFSC Code BKID0001430 of Bank Of India for its Latwan branch located in Latwan (Tal Mandangad 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

Most banks, including Bank Of India branches in Latwan (Tal Mandangad Dist Ratnagiri) and Latwan Tal Mandangad Dist Ratnagiri, 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 Latwan or Latwan (Tal Mandangad Dist Ratnagiri) to get the exact IFSC Code BKID0001430.

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 Latwan (Tal Mandangad Dist Ratnagiri), you'll get the correct details.

How to Use IFSC Code BKID0001430 for Online Transfers?

Once you have the IFSC Code BKID0001430 for the Latwan branch of Bank Of India in Latwan (Tal Mandangad Dist Ratnagiri), you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code BKID0001430. The transfer is completed in batches instead of instantly. It is useful for both 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 BKID0001430.

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 Latwan in Latwan (Tal Mandangad Dist Ratnagiri), your payment can get delayed or might not go through at all.

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Bank Of India in Latwan, you can find it by any of the following ways:

• Check the bottom of your cheque leaf.
• Go to the first page of your passbook.
• Visit the official Bank Of India website.
• Search the RBI portal.

Having both IFSC and MICR codes helps account holders in Latwan (Tal Mandangad Dist Ratnagiri) manage online transfers as well as cheque clearances with ease.