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 Rohana branch in Rohana (Dist. Wardha), Rohana Dist Wardha, 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 Rohana (Dist. Wardha) or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code BKID0009705. 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, Rohana, Rohana (Dist. Wardha)

The table below shows the main details of the IFSC Code BKID0009705 for the Bank Of India branch in Rohana (Dist. Wardha), which falls under the Rohana Dist Wardha district in Maharashtra.

Particulars Details
Bank Bank Of India
IFSC Code BKID0009705
Branch Rohana
City Rohana (Dist. Wardha)
District Rohana Dist Wardha
State Maharashtra
Address Rohanadistrict Wardha

These details helps users in online banking and for businesses and individuals who use Bank Of India in Rohana (Dist. Wardha) for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0009705 for the Rohana 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 that is provided by the Reserve Bank of India. A unique IFSC like BKID0009705 is given to every bank branch, including Bank Of India located in Rohana, Rohana (Dist. Wardha), Maharashtra, to make sure that online payments reach the right place.

The IFSC Code is important because:

  • It uniquely identifies the Bank Of India branch in Rohana (Dist. Wardha).
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any kind of confusion between multiple branches of the same bank across different places like Rohana (Dist. Wardha) and Rohana Dist Wardha.
  • It removes errors in fund transfers and improves accuracy.
  • It lets the sender banks validate and confirm branch details before they process the payments.

There are thousands of branches across Maharashtra and the rest of India, which is why the IFSC Code ensures that transactions meant for Bank Of India in Rohana doesn't end up at another location.

Format of the IFSC Code BKID0009705

The format of the IFSC Code for banks, including Bank Of India, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown of this:

  • First 4 characters (AAAA): Represent the bank code. For Bank Of India, these characters are the bank's short identifier.
  • 5th character (0): Always zero which is reserved for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Rohana in Rohana (Dist. Wardha).

For example, the IFSC Code BKID0009705 of Bank Of India for the Rohana branch includes these elements, identifying the bank and the branch location in Rohana (Dist. Wardha) and Maharashtra accurately.

How to Find IFSC Code for Bank Of India?

If you are trying to find the IFSC Code BKID0009705 of Bank Of India for its Rohana branch located in Rohana (Dist. Wardha), 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 Rohana (Dist. Wardha) and Rohana Dist Wardha, 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 Rohana or Rohana (Dist. Wardha) to get the exact IFSC Code BKID0009705.

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 Rohana (Dist. Wardha), you'll get the correct details.

How to Use IFSC Code BKID0009705 for Online Transfers?

Once you have the IFSC Code BKID0009705 for the Rohana branch of Bank Of India in Rohana (Dist. Wardha), you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0009705. Transfers are processed in batches. This is suitable for 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 BKID0009705.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Bank Of India Rohana in Rohana (Dist. Wardha) may result in delayed or failed transactions.

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 Rohana, 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 Rohana (Dist. Wardha) manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of India in Rohana, Rohana (Dist. Wardha)?

The IFSC Code is BKID0009705.

Is the IFSC Code BKID0009705 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Bank Of India Rohana?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Rohana branch?

The address of the branch is Rohanadistrict Wardha located in Rohana (Dist. Wardha), Rohana Dist Wardha, Maharashtra.

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.