For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Bank Of India for its Mehrauli branch in Mehrauli (Block-Rajapur - Ghaziabad), Mehrauli Block Rajapur Ghaziabad, Uttar Pradesh, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly over the years, and today customers of Bank Of India located in Mehrauli (Block-Rajapur - Ghaziabad) or anywhere in Uttar Pradesh can transfer funds instantly by using the correct IFSC Code BKID0007118. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Bank Of India, Mehrauli, Mehrauli (Block-Rajapur - Ghaziabad)

Here are some of the key details that come with the IFSC Code BKID0007118 of Bank Of India for its branch located in Mehrauli (Block-Rajapur - Ghaziabad), within the district of Mehrauli Block Rajapur Ghaziabad in the state of Uttar Pradesh.

Particulars Details
Bank Bank Of India
IFSC Code BKID0007118
Branch Mehrauli
City Mehrauli (Block-Rajapur - Ghaziabad)
District Mehrauli Block Rajapur Ghaziabad
State Uttar Pradesh
Address Mehraulighaziabad Hapur Bye Pass Rd Nh 24

These details helps users in online banking and for businesses and individuals who use Bank Of India in Mehrauli (Block-Rajapur - Ghaziabad) for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0007118 for the Mehrauli 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 Mehrauli, Mehrauli (Block-Rajapur - Ghaziabad), Uttar Pradesh, are given a unique IFSC like BKID0007118 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Mehrauli (Block-Rajapur - Ghaziabad).
  • 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 Mehrauli (Block-Rajapur - Ghaziabad) and Mehrauli Block Rajapur Ghaziabad.
  • 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 Mehrauli goes to the correct branch. This is important because Bank Of India has thousands of branches in Uttar Pradesh and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code BKID0007118

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 Mehrauli in Mehrauli (Block-Rajapur - Ghaziabad).

For example, the IFSC Code BKID0007118 of Bank Of India for the Mehrauli branch includes these elements, identifying the bank and the branch location in Mehrauli (Block-Rajapur - Ghaziabad) and Uttar Pradesh accurately.

How to Find IFSC Code for Bank Of India?

If you are looking for the IFSC Code BKID0007118 of Bank Of India for its Mehrauli branch located in Mehrauli (Block-Rajapur - Ghaziabad), the following methods can help:

Cheque Book

The cheque book that is issued by Bank Of India includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.

Passbook

Most of the banks, including Bank Of India branches in Mehrauli (Block-Rajapur - Ghaziabad) and Mehrauli Block Rajapur Ghaziabad, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

You can visit the official website of Bank Of India and look for the branch locator section, then search for Mehrauli or Mehrauli (Block-Rajapur - Ghaziabad) to get the exact IFSC Code BKID0007118.

Mobile Banking App

If you use Bank Of India's mobile app, you can check your account details to easily find your branch's IFSC code.

RBI Website

The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Bank Of India and Mehrauli (Block-Rajapur - Ghaziabad), then it will provide you proper information.

How to Use IFSC Code BKID0007118 for Online Transfers?

Once you have the IFSC Code BKID0007118 for the Mehrauli branch of Bank Of India in Mehrauli (Block-Rajapur - Ghaziabad), you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code BKID0007118. 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 BKID0007118.

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 Mehrauli in Mehrauli (Block-Rajapur - Ghaziabad), 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 Mehrauli, 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 Mehrauli (Block-Rajapur - Ghaziabad) to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of India in Mehrauli, Mehrauli (Block-Rajapur - Ghaziabad)?

The IFSC Code is BKID0007118.

Is the IFSC Code BKID0007118 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

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

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

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Mehrauli branch?

The address of the branch is Mehraulighaziabad Hapur Bye Pass Rd Nh 24 located in Mehrauli (Block-Rajapur - Ghaziabad), Mehrauli Block Rajapur Ghaziabad, Uttar Pradesh.

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.