There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Bank Of India for its Pilvai branch in Pilvai (Tal Vaijapur Dist. Mehasana), Pilvai Tal Vaijapur Dist Mehasana, Gujarat, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of Bank Of India situated in Pilvai (Tal Vaijapur Dist. Mehasana) or anywhere in Gujarat can easily transfer funds instantly by using the correct IFSC Code BKID0002201. You should 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, Pilvai, Pilvai (Tal Vaijapur Dist. Mehasana)
Here are the key points that are associated with the IFSC Code BKID0002201 of Bank Of India for its branch located in Pilvai (Tal Vaijapur Dist. Mehasana), within the district of Pilvai Tal Vaijapur Dist Mehasana in the state of Gujarat.
| Particulars | Details |
|---|---|
| Bank | Bank Of India |
| IFSC Code | BKID0002201 |
| Branch | Pilvai |
| City | Pilvai (Tal Vaijapur Dist. Mehasana) |
| District | Pilvai Tal Vaijapur Dist Mehasana |
| State | Gujarat |
| Address | Pilvaitaluka Vijapur Dis Mehasana |
These details are essential not only for online banking users but also for businesses and individuals who use Bank Of India in Pilvai (Tal Vaijapur Dist. Mehasana) for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0002201 for the Pilvai branch of Bank Of India plays an important 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 Pilvai, Pilvai (Tal Vaijapur Dist. Mehasana), Gujarat, is provided a unique IFSC like BKID0002201 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Bank Of India branch in Pilvai (Tal Vaijapur Dist. Mehasana).
- 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 Pilvai (Tal Vaijapur Dist. Mehasana) and Pilvai Tal Vaijapur Dist Mehasana.
- 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 Gujarat and the rest of India, the IFSC Code ensures that transactions meant for Bank Of India in Pilvai do not get misguided to another person.
Format of the IFSC Code BKID0002201
The format of the IFSC Code for banks, including Bank Of India, has 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 Pilvai in Pilvai (Tal Vaijapur Dist. Mehasana).
For example, the IFSC Code BKID0002201 of Bank Of India for the Pilvai branch includes these elements, identifying the bank and the branch location in Pilvai (Tal Vaijapur Dist. Mehasana) and Gujarat correctly.
How to Find IFSC Code for Bank Of India?
If you are trying to find the IFSC Code BKID0002201 of Bank Of India for its Pilvai branch located in Pilvai (Tal Vaijapur Dist. Mehasana), the following methods can help:
Cheque Book
The cheque books that are issued by Bank Of India include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.
Passbook
Most banks, including Bank Of India branches in Pilvai (Tal Vaijapur Dist. Mehasana) and Pilvai Tal Vaijapur Dist Mehasana, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Bank Of India and find the branch locator section. Search for Pilvai or Pilvai (Tal Vaijapur Dist. Mehasana) to get the exact IFSC Code BKID0002201.
Mobile Banking App
If you use Bank Of India's mobile app, you can easily 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 to help you in searching for Bank Of India and Pilvai (Tal Vaijapur Dist. Mehasana) that will provide accurate information.
How to Use IFSC Code BKID0002201 for Online Transfers?
Once you have the IFSC Code BKID0002201 for the Pilvai branch of Bank Of India in Pilvai (Tal Vaijapur Dist. Mehasana), you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code BKID0002201. 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 BKID0002201.
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 Pilvai in Pilvai (Tal Vaijapur Dist. Mehasana), your payment can get delayed or might not go through at all.
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 Pilvai, 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 Pilvai (Tal Vaijapur Dist. Mehasana) to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is BKID0002201.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Pilvaitaluka Vijapur Dis Mehasana located in Pilvai (Tal Vaijapur Dist. Mehasana), Pilvai Tal Vaijapur Dist Mehasana, Gujarat.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.