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 Salal branch in Salal (Tal Prantij,Dist Sabarkantha), Salal Tal Prantijdist Sabarkantha, Gujarat, 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 Salal (Tal Prantij,Dist Sabarkantha) or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code BKID0002400. 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, Salal, Salal (Tal Prantij,Dist Sabarkantha)

Here are some of the key details that come with the IFSC Code BKID0002400 of Bank Of India for its branch located in Salal (Tal Prantij,Dist Sabarkantha), within the district of Salal Tal Prantijdist Sabarkantha in the state of Gujarat.

Particulars Details
Bank Bank Of India
IFSC Code BKID0002400
Branch Salal
City Salal (Tal Prantij,Dist Sabarkantha)
District Salal Tal Prantijdist Sabarkantha
State Gujarat
Address Gandhi Bhuvansalal Bazarsalaltaluka Prantijdist Sabarkantha

These details help users in online banking and for businesses and individuals who use Bank Of India in Salal (Tal Prantij,Dist Sabarkantha) for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0002400 for the Salal 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 that is provided by the Reserve Bank of India. A unique IFSC like BKID0002400 is given to every bank branch, including Bank Of India located in Salal, Salal (Tal Prantij,Dist Sabarkantha), Gujarat, 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 Salal (Tal Prantij,Dist Sabarkantha).
  • 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 Salal (Tal Prantij,Dist Sabarkantha) and Salal Tal Prantijdist Sabarkantha.
  • 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 Gujarat and the rest of India, which is why the IFSC Code ensures that transactions meant for Bank Of India in Salal doesn't end up at another location.

Format of the IFSC Code BKID0002400

The format of the IFSC Code for banks, including Bank Of India, follows 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 Salal in Salal (Tal Prantij,Dist Sabarkantha).

For example, the IFSC Code BKID0002400 of Bank Of India for the Salal branch includes these elements, identifying the bank and the branch location in Salal (Tal Prantij,Dist Sabarkantha) and Gujarat accurately.

How to Find IFSC Code for Bank Of India?

If you are trying to find the IFSC Code BKID0002400 of Bank Of India for its Salal branch located in Salal (Tal Prantij,Dist Sabarkantha), the following methods can help:

Cheque Book

The cheque books that are issued by Bank Of India include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

Most banks, including Bank Of India branches in Salal (Tal Prantij,Dist Sabarkantha) and Salal Tal Prantijdist Sabarkantha, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Bank Of India and find the branch locator section. Search for Salal or Salal (Tal Prantij,Dist Sabarkantha) to get the exact IFSC Code BKID0002400.

Mobile Banking App

If you use Bank Of India's mobile app, you can easily 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 to help you in searching for Bank Of India and Salal (Tal Prantij,Dist Sabarkantha) that will provide accurate information.

How to Use IFSC Code BKID0002400 for Online Transfers?

Once you have the IFSC Code BKID0002400 for the Salal branch of Bank Of India in Salal (Tal Prantij,Dist Sabarkantha), you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code BKID0002400. 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 BKID0002400.

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 Salal in Salal (Tal Prantij,Dist Sabarkantha), 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 Salal, 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 Salal (Tal Prantij,Dist Sabarkantha) manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of India Salal Salal (Tal Prantij,Dist Sabarkantha)?

The IFSC Code of the Salal Salal (Tal Prantij,Dist Sabarkantha) branch is BKID0002400.

Is IFSC Code BKID0002400 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Bank Of India Salal branch?

The branch is located at Gandhi Bhuvansalal Bazarsalaltaluka Prantijdist Sabarkantha.

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.