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 Shahad Kalyan branch in Shahad (Kalyan), Shahad Kalyan, 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 Shahad (Kalyan) or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code BKID0000185. 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, Shahad Kalyan, Shahad (Kalyan)
The table below shows the main details of the IFSC Code BKID0000185 for the Bank Of India branch in Shahad (Kalyan), which falls under the Shahad Kalyan district in Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Bank Of India |
| IFSC Code | BKID0000185 |
| Branch | Shahad Kalyan |
| City | Shahad (Kalyan) |
| District | Shahad Kalyan |
| State | Maharashtra |
| Address | Devashish Apartment Shop No 1234 5Mohne Road A Wardshahad Dt Thane |
These details are crucial, not just for online banking users but also for businesses and individuals who use Bank Of India in Shahad (Kalyan) for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0000185 for the Shahad Kalyan 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Bank Of India located in Shahad Kalyan, Shahad (Kalyan), Maharashtra, is provided a unique IFSC like BKID0000185 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Bank Of India branch in Shahad (Kalyan).
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Shahad (Kalyan) and Shahad Kalyan.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Maharashtra and the rest of India, the IFSC Code ensures that transactions meant for Bank Of India in Shahad Kalyan do not get misguided to another person.
Format of the IFSC Code BKID0000185
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 Shahad Kalyan in Shahad (Kalyan).
For example, the IFSC Code BKID0000185 of Bank Of India for the Shahad Kalyan branch includes these elements, identifying the bank and the branch location in Shahad (Kalyan) and Maharashtra correctly.
How to Find IFSC Code for Bank Of India?
If you are trying to find the IFSC Code BKID0000185 of Bank Of India for its Shahad Kalyan branch located in Shahad (Kalyan), 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 Shahad (Kalyan) and Shahad Kalyan, 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 Shahad Kalyan or Shahad (Kalyan) to get the exact IFSC Code BKID0000185.
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 Shahad (Kalyan) that will provide accurate information.
How to Use IFSC Code BKID0000185 for Online Transfers?
Once you have the IFSC Code BKID0000185 for the Shahad Kalyan branch of Bank Of India in Shahad (Kalyan), you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code BKID0000185. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and Bank Of India IFSC Code BKID0000185.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Bank Of India Shahad Kalyan in Shahad (Kalyan), it can result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Bank Of India in Shahad Kalyan, here are some of the ways 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.
Knowing both IFSC and MICR code can help account holders in Shahad (Kalyan) manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is BKID0000185.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Devashish Apartment Shop No 1234 5Mohne Road A Wardshahad Dt Thane located in Shahad (Kalyan), Shahad Kalyan, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.