IFSC Code of Bank Of India, Narayangaon, Narayangaon Dist Pune, Maharashtra — BKID0000605

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 Narayangaon branch in Narayangaon (Dist Pune), Narayangaon Dist Pune, Maharashtra, 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 Narayangaon (Dist Pune) or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code BKID0000605. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Bank Of India, Narayangaon, Narayangaon (Dist Pune)

Below in the table are the key details related to IFSC Code BKID0000605 of Bank Of India for its branch located in Narayangaon (Dist Pune), within the district of Narayangaon Dist Pune in the state of Maharashtra.

These details helps users in online banking and for businesses and individuals who use Bank Of India in Narayangaon (Dist Pune) for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0000605 for the Narayangaon 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Bank Of India located in Narayangaon, Narayangaon (Dist Pune), Maharashtra, is provided a unique IFSC like BKID0000605 so that their online payments reach the right place.

The IFSC Code is important because:

• It uniquely recognizes the Bank Of India branch in Narayangaon (Dist Pune).
• Helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It avoids any confusions between multiple branches of the same bank across different places like Narayangaon (Dist Pune) and Narayangaon Dist Pune.
• It reduces most of the errors in fund transfers and makes sure its accuracy.
• It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Maharashtra and the rest of India, the IFSC Code ensures that transactions meant for Bank Of India in Narayangaon do not get misguided to another person.

Format of the IFSC Code BKID0000605

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 Narayangaon in Narayangaon (Dist Pune).

For example, the IFSC Code BKID0000605 of Bank Of India for the Narayangaon branch has these elements, identifying the bank and the branch location in Narayangaon (Dist Pune) and Maharashtra correctly.

How to Find IFSC Code for Bank Of India?

To find the IFSC Code BKID0000605 of Bank Of India for its Narayangaon branch located in Narayangaon (Dist Pune), 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 Narayangaon (Dist Pune) and Narayangaon Dist Pune, 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 Narayangaon or Narayangaon (Dist Pune) to find the exact IFSC Code BKID0000605.

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 Narayangaon (Dist Pune) will provide accurate information.

How to Use IFSC Code BKID0000605 for Online Transfers?

If you have the IFSC Code BKID0000605 for the Narayangaon branch of Bank Of India in Narayangaon (Dist Pune), you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0000605. 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 BKID0000605.

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 Narayangaon in Narayangaon (Dist Pune), 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 Narayangaon, 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 Narayangaon (Dist Pune) to handle online money transfers and get their cheques cleared smoothly.