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 Ssc Board branch in Pune, Pune, or Maharashtra, 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 Pune or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code BKID000SSCB. 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, Ssc Board, Pune
The table below shows the main details of the IFSC Code BKID000SSCB for the Bank Of India branch in Pune, which falls under the Pune district in Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Bank Of India |
| IFSC Code | BKID000SSCB |
| Branch | Ssc Board |
| City | Pune |
| District | Pune |
| State | Maharashtra |
| Address | Shivaji Nagar Pune |
These details helps users in online banking and for businesses and individuals who use Bank Of India in Pune for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID000SSCB for the Ssc Board branch of Bank Of India plays a vital 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 Ssc Board, Pune, Maharashtra, are allotted a unique IFSC like BKID000SSCB to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Pune.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Pune and Pune.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to Bank Of India in Ssc Board reaches the right place, even though there are thousands of branches in Maharashtra and across India.
Format of the IFSC Code BKID000SSCB
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 Ssc Board in Pune.
For example, the IFSC Code BKID000SSCB of Bank Of India for the Ssc Board branch includes these elements, identifying the bank and the branch location in Pune and Maharashtra correctly.
How to Find IFSC Code for Bank Of India?
To find the IFSC Code BKID000SSCB of Bank Of India for its Ssc Board branch located in Pune, 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 Pune and Pune, 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 Ssc Board or Pune to find the exact IFSC Code BKID000SSCB.
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 Pune will provide accurate information.
How to Use IFSC Code BKID000SSCB for Online Transfers?
Once you have the IFSC Code BKID000SSCB for the Ssc Board branch of Bank Of India in Pune, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code BKID000SSCB. 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 BKID000SSCB.
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 Ssc Board in Pune, 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 Ssc Board, 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 Pune manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is BKID000SSCB.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Shivaji Nagar Pune located in Pune, Pune, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.