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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Bank Of India for its Pirana branch in Pirana (Ahmedabad), Pirana Ahmedabad, or Gujarat, this guide will help you with all the details.

There have been major changes in the banking sector in India and today, the customers of Bank Of India located in Pirana (Ahmedabad) or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code BKID0002053. 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, Pirana, Pirana (Ahmedabad)

The table below shows the main details of the IFSC Code BKID0002053 for the Bank Of India branch in Pirana (Ahmedabad), which falls under the Pirana Ahmedabad district in Gujarat.

Particulars Details
Bank Bank Of India
IFSC Code BKID0002053
Branch Pirana
City Pirana (Ahmedabad)
District Pirana Ahmedabad
State Gujarat
Address Po Pirana Tl Dascroidistt Ahmedabad

These details are crucial, not just for online banking users but also for businesses and individuals who use Bank Of India in Pirana (Ahmedabad) for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0002053 for the Pirana 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, along with Bank Of India located in Pirana, Pirana (Ahmedabad), Gujarat, are given a unique IFSC like BKID0002053 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Pirana (Ahmedabad).
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents any kind of confusion between different branches of the same bank in places like Pirana (Ahmedabad) and Pirana Ahmedabad.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It helps ensure that any money sent to Bank Of India in Pirana goes to the correct branch. This is important because Bank Of India has thousands of branches in Gujarat and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code BKID0002053

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 Pirana in Pirana (Ahmedabad).

For example, the IFSC Code BKID0002053 of Bank Of India for the Pirana branch includes these elements, identifying the bank and the branch location in Pirana (Ahmedabad) and Gujarat accurately.

How to Find IFSC Code for Bank Of India?

If you are trying to find the IFSC Code BKID0002053 of Bank Of India for its Pirana branch located in Pirana (Ahmedabad), 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

You can easily find the IFSC and MICR codes because most banks, including Bank Of India branches in Pirana (Ahmedabad) and Pirana Ahmedabad, print them 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 Pirana or Pirana (Ahmedabad) to get the exact IFSC Code BKID0002053.

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 Pirana (Ahmedabad), you'll get the correct details.

How to Use IFSC Code BKID0002053 for Online Transfers?

Once you have the IFSC Code BKID0002053 for the Pirana branch of Bank Of India in Pirana (Ahmedabad), you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code BKID0002053. 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 BKID0002053.

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 Pirana in Pirana (Ahmedabad), 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 Pirana, 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 Pirana (Ahmedabad) 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 Pirana, Pirana (Ahmedabad)?

The IFSC Code is BKID0002053.

Is the IFSC Code BKID0002053 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 Pirana?

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 Pirana branch?

The address of the branch is Po Pirana Tl Dascroidistt Ahmedabad located in Pirana (Ahmedabad), Pirana Ahmedabad, Gujarat.

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.