Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Bank Of India for its Pandharabodi branch in Pandharabodi (Dist. Gondia), Pandharabodi Dist Gondia, Maharashtra, then this guide will give you detailed information.

The banking system has evolved significantly in India, and today the customers of Bank Of India located in Pandharabodi (Dist. Gondia) or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code BKID0009219. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.

Details of IFSC Code for Bank Of India, Pandharabodi, Pandharabodi (Dist. Gondia)

Here are some of the key details that come with the IFSC Code BKID0009219 of Bank Of India for its branch located in Pandharabodi (Dist. Gondia), within the district of Pandharabodi Dist Gondia in the state of Maharashtra.

Particulars Details
Bank Bank Of India
IFSC Code BKID0009219
Branch Pandharabodi
City Pandharabodi (Dist. Gondia)
District Pandharabodi Dist Gondia
State Maharashtra
Address At Post Pandharaboditaluka Gondia Dist Gondia

These details are crucial, not just for online banking users but also for businesses and individuals who use Bank Of India in Pandharabodi (Dist. Gondia) for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0009219 for the Pandharabodi 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, including Bank Of India located in Pandharabodi, Pandharabodi (Dist. Gondia), Maharashtra, is provided with a unique IFSC like BKID0009219 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the Bank Of India branch in Pandharabodi (Dist. Gondia).
  • 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 Pandharabodi (Dist. Gondia) and Pandharabodi Dist Gondia.
  • 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 Pandharabodi do not get mixed with another location.

Format of the IFSC Code BKID0009219

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 Pandharabodi in Pandharabodi (Dist. Gondia).

For example, the IFSC Code BKID0009219 of Bank Of India for the Pandharabodi branch includes these elements, identifying the bank and the branch location in Pandharabodi (Dist. Gondia) and Maharashtra accurately.

How to Find IFSC Code for Bank Of India?

To find the IFSC Code BKID0009219 of Bank Of India for its Pandharabodi branch located in Pandharabodi (Dist. Gondia), 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 Pandharabodi (Dist. Gondia) and Pandharabodi Dist Gondia, 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 Pandharabodi or Pandharabodi (Dist. Gondia) to find the exact IFSC Code BKID0009219.

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 Pandharabodi (Dist. Gondia) will provide accurate information.

How to Use IFSC Code BKID0009219 for Online Transfers?

Once you have the IFSC Code BKID0009219 for the Pandharabodi branch of Bank Of India in Pandharabodi (Dist. Gondia), you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0009219. 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 BKID0009219.

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 Pandharabodi in Pandharabodi (Dist. Gondia), 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 Pandharabodi, here are some ways that 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.

If you know both IFSC and MICR codes, then it can help account holders in Pandharabodi (Dist. Gondia) manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of India in Pandharabodi, Pandharabodi (Dist. Gondia)?

The IFSC Code is BKID0009219.

Is the IFSC Code BKID0009219 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

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

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

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Pandharabodi branch?

The address of the branch is At Post Pandharaboditaluka Gondia Dist Gondia located in Pandharabodi (Dist. Gondia), Pandharabodi Dist Gondia, 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.