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 Mahuva branch in Mahuva (Gujrat), Mahuva Gujrat, Gujarat, 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 Mahuva (Gujrat) or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code BKID0003207. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Bank Of India, Mahuva, Mahuva (Gujrat)

Here are the main details that are associated with the IFSC Code BKID0003207 of Bank Of India for its branch located in Mahuva (Gujrat), within the district of Mahuva Gujrat in the state of Gujarat.

Particulars Details
Bank Bank Of India
IFSC Code BKID0003207
Branch Mahuva
City Mahuva (Gujrat)
District Mahuva Gujrat
State Gujarat
Address Plot No 9 Opp Bharat Petrol Pumpnutan Nagar Mahuva Dist Bhavnagar

These details are important not only for users using online banking but also for businesses and individuals who use Bank Of India in Mahuva (Gujrat) for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code BKID0003207 for the Mahuva branch of Bank Of India is vital.

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 Mahuva, Mahuva (Gujrat), Gujarat, is provided with a unique IFSC like BKID0003207 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the Bank Of India branch in Mahuva (Gujrat).
  • 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 Mahuva (Gujrat) and Mahuva Gujrat.
  • 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 Mahuva do not get mixed with another location.

Format of the IFSC Code BKID0003207

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 Mahuva in Mahuva (Gujrat).

For example, the IFSC Code BKID0003207 of Bank Of India for the Mahuva branch includes these elements, identifying the bank and the branch location in Mahuva (Gujrat) and Gujarat accurately.

How to Find IFSC Code for Bank Of India?

If you are trying to find the IFSC Code BKID0003207 of Bank Of India for its Mahuva branch located in Mahuva (Gujrat), 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 Mahuva (Gujrat) and Mahuva Gujrat, 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 Mahuva or Mahuva (Gujrat) to get the exact IFSC Code BKID0003207.

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 Mahuva (Gujrat), you'll get the correct details.

How to Use IFSC Code BKID0003207 for Online Transfers?

Once you have the IFSC Code BKID0003207 for the Mahuva branch of Bank Of India in Mahuva (Gujrat), you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code BKID0003207. 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 BKID0003207.

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

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of India in Mahuva, Mahuva (Gujrat)?

The IFSC Code is BKID0003207.

Is the IFSC Code BKID0003207 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and the IFSC is for online transfers.

Where can I find the IFSC Code of Bank Of India Mahuva?

You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Mahuva branch?

The address of the branch is Plot No 9 Opp Bharat Petrol Pumpnutan Nagar Mahuva Dist Bhavnagar located in Mahuva (Gujrat), Mahuva Gujrat, Gujarat.

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.