IFSC Code of Bank Of India, Redni, Redni Dist Pune, Maharashtra — BKID0000618

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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Bank Of India for its Redni branch in Redni (Dist Pune), Redni Dist Pune, Maharashtra, then this guide will give you detailed information.

The banking system has evolved significantly in India, and today the customers of Bank Of India located in Redni (Dist Pune) or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code BKID0000618. 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, Redni, Redni (Dist Pune)

The table below shows the main details of the IFSC Code BKID0000618 for the Bank Of India branch in Redni (Dist Pune), which falls under the Redni Dist Pune district in Maharashtra.

These details help users in online banking and for businesses and individuals who use Bank Of India in Redni (Dist Pune) for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0000618 for the Redni branch of Bank Of India has a very 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 Redni, Redni (Dist Pune), Maharashtra, are allotted a unique IFSC like BKID0000618 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It clearly tells which bank branch it is in Redni (Dist 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 Redni (Dist Pune) and Redni Dist 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 Redni reaches the right place, even though there are thousands of branches in Maharashtra and across India.

Format of the IFSC Code BKID0000618

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 Redni in Redni (Dist Pune).

For example, the IFSC Code BKID0000618 of Bank Of India for the Redni branch includes these elements, identifying the bank and the branch location in Redni (Dist Pune) and Maharashtra accurately.

How to Find IFSC Code for Bank Of India?

To find the IFSC Code BKID0000618 of Bank Of India for its Redni branch located in Redni (Dist 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 Redni (Dist Pune) and Redni Dist 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 Redni or Redni (Dist Pune) to find the exact IFSC Code BKID0000618.

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 Redni (Dist Pune) will provide accurate information.

How to Use IFSC Code BKID0000618 for Online Transfers?

Once you have the IFSC Code BKID0000618 for the Redni branch of Bank Of India in Redni (Dist Pune), you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code BKID0000618. 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 BKID0000618.

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 Redni in Redni (Dist Pune), 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 Redni, 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 Redni (Dist Pune) manage online transfers as well as cheque clearances with ease.