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 Pandhar Pauni branch in Pandhar Pauni (Dist. Chandrapur), Pandhar Pauni Dist Chandrapur, 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 Pandhar Pauni (Dist. Chandrapur) or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code BKID0009631. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Bank Of India, Pandhar Pauni, Pandhar Pauni (Dist. Chandrapur)

Here are the main details that are associated with the IFSC Code BKID0009631 of Bank Of India for its branch located in Pandhar Pauni (Dist. Chandrapur), within the district of Pandhar Pauni Dist Chandrapur in the state of Maharashtra.

Particulars Details
Bank Bank Of India
IFSC Code BKID0009631
Branch Pandhar Pauni
City Pandhar Pauni (Dist. Chandrapur)
District Pandhar Pauni Dist Chandrapur
State Maharashtra
Address At Pandharpaunitahsil Rajura Dist Chandrapur

These details are important not only for users using online banking but also for businesses and individuals who use Bank Of India in Pandhar Pauni (Dist. Chandrapur) for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code BKID0009631 for the Pandhar Pauni branch of Bank Of India is vital.

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 Pandhar Pauni, Pandhar Pauni (Dist. Chandrapur), Maharashtra, is provided with a unique IFSC like BKID0009631 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the Bank Of India branch in Pandhar Pauni (Dist. Chandrapur).
  • 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 Pandhar Pauni (Dist. Chandrapur) and Pandhar Pauni Dist Chandrapur.
  • 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 Maharashtra and the rest of India and the IFSC Code ensures that transactions meant for Bank Of India in Pandhar Pauni do not get mixed with another location.

Format of the IFSC Code BKID0009631

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 Pandhar Pauni in Pandhar Pauni (Dist. Chandrapur).

For example, the IFSC Code BKID0009631 of Bank Of India for the Pandhar Pauni branch includes these elements, identifying the bank and the branch location in Pandhar Pauni (Dist. Chandrapur) and Maharashtra accurately.

How to Find IFSC Code for Bank Of India?

If you are trying to find the IFSC Code BKID0009631 of Bank Of India for its Pandhar Pauni branch located in Pandhar Pauni (Dist. Chandrapur), 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 Pandhar Pauni (Dist. Chandrapur) and Pandhar Pauni Dist Chandrapur, 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 Pandhar Pauni or Pandhar Pauni (Dist. Chandrapur) to get the exact IFSC Code BKID0009631.

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 Pandhar Pauni (Dist. Chandrapur), you'll get the correct details.

How to Use IFSC Code BKID0009631 for Online Transfers?

Once you have the IFSC Code BKID0009631 for the Pandhar Pauni branch of Bank Of India in Pandhar Pauni (Dist. Chandrapur), you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0009631. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. You need the recipient's account details and Bank Of India IFSC Code BKID0009631.

Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Bank Of India Pandhar Pauni in Pandhar Pauni (Dist. Chandrapur), it can 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 Pandhar Pauni, 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 Pandhar Pauni (Dist. Chandrapur) 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 Pandhar Pauni, Pandhar Pauni (Dist. Chandrapur)?

The IFSC Code is BKID0009631.

Is the IFSC Code BKID0009631 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

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

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

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

What is the full address of the Pandhar Pauni branch?

The address of the branch is At Pandharpaunitahsil Rajura Dist Chandrapur located in Pandhar Pauni (Dist. Chandrapur), Pandhar Pauni Dist Chandrapur, Maharashtra.

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.