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 Omerga branch in Omerga (Solapur), Omerga Solapur, Maharashtra, 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 Omerga (Solapur) or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code BKID0000643. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Bank Of India, Omerga, Omerga (Solapur)

The table below shows the main details of the IFSC Code BKID0000643 for the Bank Of India branch in Omerga (Solapur), which falls under the Omerga Solapur district in Maharashtra.

Particulars Details
Bank Bank Of India
IFSC Code BKID0000643
Branch Omerga
City Omerga (Solapur)
District Omerga Solapur
State Maharashtra
Address House No 892 Vishwa Complexopp Police Stn Omerga Osmanabad

These details are crucial, not just for online banking users but also for businesses and individuals who use Bank Of India in Omerga (Solapur) for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0000643 for the Omerga 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 that is provided by the Reserve Bank of India. A unique IFSC like BKID0000643 is given to every bank branch, including Bank Of India located in Omerga, Omerga (Solapur), Maharashtra, to make sure that online payments reach the right place.

The IFSC Code is important because:

  • It uniquely identifies the Bank Of India branch in Omerga (Solapur).
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any kind of confusion between multiple branches of the same bank across different places like Omerga (Solapur) and Omerga Solapur.
  • It removes errors in fund transfers and improves accuracy.
  • It lets the sender banks validate and confirm branch details before they process the payments.

There are thousands of branches across Maharashtra and the rest of India, which is why the IFSC Code ensures that transactions meant for Bank Of India in Omerga doesn't end up at another location.

Format of the IFSC Code BKID0000643

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 Omerga in Omerga (Solapur).

For example, the IFSC Code BKID0000643 of Bank Of India for the Omerga branch includes these elements, identifying the bank and the branch location in Omerga (Solapur) and Maharashtra accurately.

How to Find IFSC Code for Bank Of India?

To find the IFSC Code BKID0000643 of Bank Of India for its Omerga branch located in Omerga (Solapur), 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 Omerga (Solapur) and Omerga Solapur, 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 Omerga or Omerga (Solapur) to find the exact IFSC Code BKID0000643.

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 Omerga (Solapur) will provide accurate information.

How to Use IFSC Code BKID0000643 for Online Transfers?

Once you have the IFSC Code BKID0000643 for the Omerga branch of Bank Of India in Omerga (Solapur), you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code BKID0000643. 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 BKID0000643.

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 Omerga in Omerga (Solapur), your payment can get delayed or might not go through at all.

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Bank Of India in Omerga, you can find it by any of the following ways:

  • Check the bottom of your cheque leaf.
  • Go to the first page of your passbook.
  • Visit the official Bank Of India website.
  • Search the RBI portal.

Having both IFSC and MICR codes helps account holders in Omerga (Solapur) manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of India Omerga Omerga (Solapur)?

The IFSC Code of the Omerga Omerga (Solapur) branch is BKID0000643.

Is IFSC Code BKID0000643 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Bank Of India Omerga branch?

The branch is located at House No 892 Vishwa Complexopp Police Stn Omerga Osmanabad.

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.