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 Sihora branch in Sihora (Dist. Bhandara), Sihora Dist Bhandara, Maharashtra, 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 Sihora (Dist. Bhandara) or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code BKID0009211. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Bank Of India, Sihora, Sihora (Dist. Bhandara)
Here are some of the key details that come with the IFSC Code BKID0009211 of Bank Of India for its branch located in Sihora (Dist. Bhandara), within the district of Sihora Dist Bhandara in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Bank Of India |
| IFSC Code | BKID0009211 |
| Branch | Sihora |
| City | Sihora (Dist. Bhandara) |
| District | Sihora Dist Bhandara |
| State | Maharashtra |
| Address | At Post Sihoratehsil Tumsar Distbhandara |
These details helps users in online banking and for businesses and individuals who use Bank Of India in Sihora (Dist. Bhandara) for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0009211 for the Sihora 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 provided by the Reserve Bank of India. Every bank branch, along with Bank Of India located in Sihora, Sihora (Dist. Bhandara), Maharashtra, are given a unique IFSC like BKID0009211 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Sihora (Dist. Bhandara).
- 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 Sihora (Dist. Bhandara) and Sihora Dist Bhandara.
- 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 Sihora goes to the correct branch. This is important because Bank Of India has thousands of branches in Maharashtra and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code BKID0009211
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 Sihora in Sihora (Dist. Bhandara).
For example, the IFSC Code BKID0009211 of Bank Of India for the Sihora branch includes these elements, identifying the bank and the branch location in Sihora (Dist. Bhandara) and Maharashtra correctly.
How to Find IFSC Code for Bank Of India?
If you are looking for the IFSC Code BKID0009211 of Bank Of India for its Sihora branch located in Sihora (Dist. Bhandara), 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 Sihora (Dist. Bhandara) and Sihora Dist Bhandara, 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 Sihora or Sihora (Dist. Bhandara) to get the exact IFSC Code BKID0009211.
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 Sihora (Dist. Bhandara), then it will provide you proper information.
How to Use IFSC Code BKID0009211 for Online Transfers?
Once you have the IFSC Code BKID0009211 for the Sihora branch of Bank Of India in Sihora (Dist. Bhandara), you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code BKID0009211. 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 BKID0009211.
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 Sihora in Sihora (Dist. Bhandara), it can 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 Sihora, 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 Sihora (Dist. Bhandara) manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is BKID0009211.
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 At Post Sihoratehsil Tumsar Distbhandara located in Sihora (Dist. Bhandara), Sihora Dist Bhandara, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.