IFSC Code of Bank Of India, Raval, Raval Dist Jamnagar, Gujarat- BKID0003261

For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Bank Of India for its Raval branch in Raval (Dist Jamnagar), Raval Dist Jamnagar, Gujarat, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly over the years, and today customers of Bank Of India located in Raval (Dist Jamnagar) or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code BKID0003261. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Bank Of India, Raval, Raval (Dist Jamnagar)

Below in the table are the key details related to IFSC Code BKID0003261 of Bank Of India for its branch located in Raval (Dist Jamnagar), within the district of Raval Dist Jamnagar in the state of Gujarat.

These details are crucial, not just for online banking users but also for businesses and individuals who use Bank Of India in Raval (Dist Jamnagar) for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0003261 for the Raval 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 Raval, Raval (Dist Jamnagar), Gujarat, are given a unique IFSC like BKID0003261 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It clearly tells which bank branch it is in Raval (Dist Jamnagar).
• 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 Raval (Dist Jamnagar) and Raval Dist Jamnagar.
• 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 Raval 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 BKID0003261

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 Raval in Raval (Dist Jamnagar).

For example, the IFSC Code BKID0003261 of Bank Of India for the Raval branch includes these elements, identifying the bank and the branch location in Raval (Dist Jamnagar) and Gujarat correctly.

How to Find IFSC Code for Bank Of India?

To find the IFSC Code BKID0003261 of Bank Of India for its Raval branch located in Raval (Dist Jamnagar), 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 Raval (Dist Jamnagar) and Raval Dist Jamnagar, 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 Raval or Raval (Dist Jamnagar) to find the exact IFSC Code BKID0003261.

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 Raval (Dist Jamnagar) will provide accurate information.

How to Use IFSC Code BKID0003261 for Online Transfers?

Once you have the IFSC Code BKID0003261 for the Raval branch of Bank Of India in Raval (Dist Jamnagar), you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code BKID0003261. 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 BKID0003261.

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 Raval in Raval (Dist Jamnagar), 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 Raval, 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 Raval (Dist Jamnagar) manage online transfers as well as cheque clearances with ease.