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 Napad branch in Napad (Tal & Dist Anand), Napad Tal Dist Anand, 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 Napad (Tal & Dist Anand) or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code BKID0002817. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Bank Of India, Napad, Napad (Tal & Dist Anand)

Here are some of the key details that come with the IFSC Code BKID0002817 of Bank Of India for its branch located in Napad (Tal & Dist Anand), within the district of Napad Tal Dist Anand in the state of Gujarat.

Particulars Details
Bank Bank Of India
IFSC Code BKID0002817
Branch Napad
City Napad (Tal & Dist Anand)
District Napad Tal Dist Anand
State Gujarat
Address 4 Rambaug Societynapad Via Anand

These details helps users in online banking and for businesses and individuals who use Bank Of India in Napad (Tal & Dist Anand) for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0002817 for the Napad 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 Napad, Napad (Tal & Dist Anand), Gujarat, is provided with a unique IFSC like BKID0002817 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the Bank Of India branch in Napad (Tal & Dist Anand).
  • 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 Napad (Tal & Dist Anand) and Napad Tal Dist Anand.
  • 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 Napad do not get mixed with another location.

Format of the IFSC Code BKID0002817

The format of the IFSC Code for banks, including Bank Of India, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown of this:

  • First 4 characters (AAAA): Represent the bank code. For Bank Of India, these characters are the bank's short identifier.
  • 5th character (0): Always zero which is reserved for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Napad in Napad (Tal & Dist Anand).

For example, the IFSC Code BKID0002817 of Bank Of India for the Napad branch includes these elements, identifying the bank and the branch location in Napad (Tal & Dist Anand) and Gujarat accurately.

How to Find IFSC Code for Bank Of India?

If you are trying to find the IFSC Code BKID0002817 of Bank Of India for its Napad branch located in Napad (Tal & Dist Anand), 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 Napad (Tal & Dist Anand) and Napad Tal Dist Anand, 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 Napad or Napad (Tal & Dist Anand) to get the exact IFSC Code BKID0002817.

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 Napad (Tal & Dist Anand), you'll get the correct details.

How to Use IFSC Code BKID0002817 for Online Transfers?

Once you have the IFSC Code BKID0002817 for the Napad branch of Bank Of India in Napad (Tal & Dist Anand), you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code BKID0002817. 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 BKID0002817.

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 Napad in Napad (Tal & Dist Anand), your payment can get delayed or might not go through at all.

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Bank Of India in Napad, here are some of the ways 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.

Knowing both IFSC and MICR code can help account holders in Napad (Tal & Dist Anand) manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of India in Napad, Napad (Tal & Dist Anand)?

The IFSC Code is BKID0002817.

Is the IFSC Code BKID0002817 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

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

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

What is the full address of the Napad branch?

The address of the branch is 4 Rambaug Societynapad Via Anand located in Napad (Tal & Dist Anand), Napad Tal Dist Anand, 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.