IFSC Code of Bank Of India, Ramraj, Ramraj Dist Raigad, Maharashtra — BKID0001230

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 Ramraj branch in Ramraj (Dist Raigad), Ramraj Dist Raigad, Maharashtra, 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 Ramraj (Dist Raigad) or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code BKID0001230. 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, Ramraj, Ramraj (Dist Raigad)

Below in the table are the key details related to IFSC Code BKID0001230 of Bank Of India for its branch located in Ramraj (Dist Raigad), within the district of Ramraj Dist Raigad in the state of Maharashtra.

These details helps users in online banking and for businesses and individuals who use Bank Of India in Ramraj (Dist Raigad) for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0001230 for the Ramraj 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 Ramraj, Ramraj (Dist Raigad), Maharashtra, are allotted a unique IFSC like BKID0001230 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It clearly tells which bank branch it is in Ramraj (Dist Raigad).
• It helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It prevents confusion between different branches of the same bank in places like Ramraj (Dist Raigad) and Ramraj Dist Raigad.
• 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 Ramraj reaches the right place, even though there are thousands of branches in Maharashtra and across India.

Format of the IFSC Code BKID0001230

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 Ramraj in Ramraj (Dist Raigad).

For example, the IFSC Code BKID0001230 of Bank Of India for the Ramraj branch includes these elements, identifying the bank and the branch location in Ramraj (Dist Raigad) and Maharashtra accurately.

How to Find IFSC Code for Bank Of India?

To find the IFSC Code BKID0001230 of Bank Of India for its Ramraj branch located in Ramraj (Dist Raigad), 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 Ramraj (Dist Raigad) and Ramraj Dist Raigad, 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 Ramraj or Ramraj (Dist Raigad) to find the exact IFSC Code BKID0001230.

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 Ramraj (Dist Raigad) will provide accurate information.

How to Use IFSC Code BKID0001230 for Online Transfers?

Once you have the IFSC Code BKID0001230 for the Ramraj branch of Bank Of India in Ramraj (Dist Raigad), you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code BKID0001230. The transfer is completed in batches. It is useful for both personal and business payments.

RTGS

Used for payments over ₹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 BKID0001230.

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 Ramraj in Ramraj (Dist Raigad), 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 Ramraj, 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 Ramraj (Dist Raigad) manage online transfers as well as cheque clearances with ease.