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 Mahijada branch in Mahijada (Tal Daskori Dist.Ahmedabad), Mahijada Tal Daskori Distahmedabad, Gujarat, 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 Mahijada (Tal Daskori Dist.Ahmedabad) or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code BKID0002107. 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, Mahijada, Mahijada (Tal Daskori Dist.Ahmedabad)

Below in the table are the key details related to IFSC Code BKID0002107 of Bank Of India for its branch located in Mahijada (Tal Daskori Dist.Ahmedabad), within the district of Mahijada Tal Daskori Distahmedabad in the state of Gujarat.

Particulars Details
Bank Bank Of India
IFSC Code BKID0002107
Branch Mahijada
City Mahijada (Tal Daskori Dist.Ahmedabad)
District Mahijada Tal Daskori Distahmedabad
State Gujarat
Address At Post Mahijadataluka Daskroi Dist Ahmedabad

These details helps users in online banking and for businesses and individuals who use Bank Of India in Mahijada (Tal Daskori Dist.Ahmedabad) for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0002107 for the Mahijada 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, including Bank Of India located in Mahijada, Mahijada (Tal Daskori Dist.Ahmedabad), Gujarat, is provided with a unique IFSC like BKID0002107 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the Bank Of India branch in Mahijada (Tal Daskori Dist.Ahmedabad).
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any errors or confusions between multiple branches of the same bank across different places like Mahijada (Tal Daskori Dist.Ahmedabad) and Mahijada Tal Daskori Distahmedabad.
  • It reduces errors in fund transfers and improves accuracy.
  • It allows sender banks to validate and confirm branch details before processing payments.

There are thousands of branches across Gujarat and the rest of India and the IFSC Code ensures that transactions meant for Bank Of India in Mahijada do not get mixed with another location.

Format of the IFSC Code BKID0002107

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): These represent the bank code. In Bank Of India, they are a short identifier for the bank.
  • 5th character (0): This is always zero and is reserved for future use.
  • Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Mahijada in Mahijada (Tal Daskori Dist.Ahmedabad).

For example, the IFSC Code BKID0002107 of Bank Of India for the Mahijada branch has these elements, identifying the bank and the branch location in Mahijada (Tal Daskori Dist.Ahmedabad) and Gujarat correctly.

How to Find IFSC Code for Bank Of India?

To find the IFSC Code BKID0002107 of Bank Of India for its Mahijada branch located in Mahijada (Tal Daskori Dist.Ahmedabad), 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 Mahijada (Tal Daskori Dist.Ahmedabad) and Mahijada Tal Daskori Distahmedabad, 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 Mahijada or Mahijada (Tal Daskori Dist.Ahmedabad) to find the exact IFSC Code BKID0002107.

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 Mahijada (Tal Daskori Dist.Ahmedabad) will provide accurate information.

How to Use IFSC Code BKID0002107 for Online Transfers?

Once you have the IFSC Code BKID0002107 for the Mahijada branch of Bank Of India in Mahijada (Tal Daskori Dist.Ahmedabad), you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0002107. 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 BKID0002107.

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 Mahijada in Mahijada (Tal Daskori Dist.Ahmedabad) may result in delayed or failed transactions.

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 Mahijada, 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 Mahijada (Tal Daskori Dist.Ahmedabad) manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of India Mahijada Mahijada (Tal Daskori Dist.Ahmedabad)?

The IFSC Code of the Mahijada Mahijada (Tal Daskori Dist.Ahmedabad) branch is BKID0002107.

Is IFSC Code BKID0002107 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Bank Of India Mahijada branch?

The branch is located at At Post Mahijadataluka Daskroi Dist Ahmedabad.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.