The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Bank Of India for its Sihor branch in Sihor Dist Bhavnagar, Sihor Dist Bhavnagar, Gujarat, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of Bank Of India located in Sihor Dist Bhavnagar or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code BKID0003208. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Bank Of India, Sihor, Sihor Dist Bhavnagar
The table below shows the main details of the IFSC Code BKID0003208 for the Bank Of India branch in Sihor Dist Bhavnagar, which falls under the Sihor Dist Bhavnagar district in Gujarat.
| Particulars | Details |
|---|---|
| Bank | Bank Of India |
| IFSC Code | BKID0003208 |
| Branch | Sihor |
| City | Sihor Dist Bhavnagar |
| District | Sihor Dist Bhavnagar |
| State | Gujarat |
| Address | Anand Hall Bhavnagar Rajkot Rdplot No 184 A Sihor Dt Bhavnagar |
These details are essential not only for online banking users but also for businesses and individuals who use Bank Of India in Sihor Dist Bhavnagar for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0003208 for the Sihor branch of Bank Of India plays 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 Sihor, Sihor Dist Bhavnagar, Gujarat, are given a unique IFSC like BKID0003208 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Sihor Dist Bhavnagar.
- 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 Sihor Dist Bhavnagar and Sihor Dist Bhavnagar.
- 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 Sihor 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 BKID0003208
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 Sihor in Sihor Dist Bhavnagar.
For example, the IFSC Code BKID0003208 of Bank Of India for the Sihor branch includes these elements, identifying the bank and the branch location in Sihor Dist Bhavnagar and Gujarat accurately.
How to Find IFSC Code for Bank Of India?
If you are looking for the IFSC Code BKID0003208 of Bank Of India for its Sihor branch located in Sihor Dist Bhavnagar, the following methods can help:
Cheque Book
The cheque book that is issued by Bank Of India includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including Bank Of India branches in Sihor Dist Bhavnagar and Sihor Dist Bhavnagar, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of Bank Of India and look for the branch locator section, then search for Sihor or Sihor Dist Bhavnagar to get the exact IFSC Code BKID0003208.
Mobile Banking App
If you use Bank Of India's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Bank Of India and Sihor Dist Bhavnagar, then it will provide you proper information.
How to Use IFSC Code BKID0003208 for Online Transfers?
Once you have the IFSC Code BKID0003208 for the Sihor branch of Bank Of India in Sihor Dist Bhavnagar, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code BKID0003208. 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 BKID0003208.
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 Sihor in Sihor Dist Bhavnagar, your payment can get delayed or might not go through at all.
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 Sihor, 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 Sihor Dist Bhavnagar manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is BKID0003208.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Anand Hall Bhavnagar Rajkot Rdplot No 184 A Sihor Dt Bhavnagar located in Sihor Dist Bhavnagar, Sihor Dist Bhavnagar, Gujarat.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.