IFSC Code of Bank Of India, Modhwada, Modhwada Tal Dist Porbandar, Gujarat- BKID0003316

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 Modhwada branch in Modhwada (Tal & Dist Porbandar), Modhwada Tal Dist Porbandar, Gujarat, 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 Modhwada (Tal & Dist Porbandar) or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code BKID0003316. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Bank Of India, Modhwada, Modhwada (Tal & Dist Porbandar)

Below in the table are the key details related to IFSC Code BKID0003316 of Bank Of India for its branch located in Modhwada (Tal & Dist Porbandar), within the district of Modhwada Tal Dist Porbandar in the state of Gujarat.

These details are crucial, not just for online banking users but also for businesses and individuals who use Bank Of India in Modhwada (Tal & Dist Porbandar) for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0003316 for the Modhwada branch of Bank Of India has an 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 Modhwada, Modhwada (Tal & Dist Porbandar), Gujarat, are allotted a unique IFSC like BKID0003316 to ensure that online payments reach the right destination.

The IFSC Code is important because:

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

It makes sure that money sent to Bank Of India in Modhwada reaches the right place, even though there are thousands of branches in Gujarat and across India.

Format of the IFSC Code BKID0003316

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 Modhwada in Modhwada (Tal & Dist Porbandar).

For example, the IFSC Code BKID0003316 of Bank Of India for the Modhwada branch includes these elements, identifying the bank and the branch location in Modhwada (Tal & Dist Porbandar) and Gujarat accurately.

How to Find IFSC Code for Bank Of India?

If you are trying to find the IFSC Code BKID0003316 of Bank Of India for its Modhwada branch located in Modhwada (Tal & Dist Porbandar), 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 Modhwada (Tal & Dist Porbandar) and Modhwada Tal Dist Porbandar, 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 Modhwada or Modhwada (Tal & Dist Porbandar) to get the exact IFSC Code BKID0003316.

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 Modhwada (Tal & Dist Porbandar), you'll get the correct details.

How to Use IFSC Code BKID0003316 for Online Transfers?

If you have the IFSC Code BKID0003316 for the Modhwada branch of Bank Of India in Modhwada (Tal & Dist Porbandar), you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0003316. Transfers are processed in batches. 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. Asks for the recipient's account details and Bank Of India IFSC Code BKID0003316.

Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Bank Of India Modhwada in Modhwada (Tal & Dist Porbandar), it may result in delayed or failed transactions.

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 Modhwada, 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 Modhwada (Tal & Dist Porbandar) to handle online money transfers and get their cheques cleared smoothly.