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 Sironcha branch in Sironcha (Dist. Gadchiroli), Sironcha Dist Gadchiroli, 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 Sironcha (Dist. Gadchiroli) or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code BKID0009602. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Bank Of India, Sironcha, Sironcha (Dist. Gadchiroli)

Here are the main details that are associated with the IFSC Code BKID0009602 of Bank Of India for its branch located in Sironcha (Dist. Gadchiroli), within the district of Sironcha Dist Gadchiroli in the state of Maharashtra.

Particulars Details
Bank Bank Of India
IFSC Code BKID0009602
Branch Sironcha
City Sironcha (Dist. Gadchiroli)
District Sironcha Dist Gadchiroli
State Maharashtra
Address P O Sironchadistrict Gadchiroli

These details are essential not only for online banking users but also for businesses and individuals who use Bank Of India in Sironcha (Dist. Gadchiroli) for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0009602 for the Sironcha 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 Sironcha, Sironcha (Dist. Gadchiroli), Maharashtra, are given a unique IFSC like BKID0009602 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Sironcha (Dist. Gadchiroli).
  • 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 Sironcha (Dist. Gadchiroli) and Sironcha Dist Gadchiroli.
  • 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 Sironcha 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 BKID0009602

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 Sironcha in Sironcha (Dist. Gadchiroli).

For example, the IFSC Code BKID0009602 of Bank Of India for the Sironcha branch includes these elements, identifying the bank and the branch location in Sironcha (Dist. Gadchiroli) and Maharashtra accurately.

How to Find IFSC Code for Bank Of India?

If you are trying to find the IFSC Code BKID0009602 of Bank Of India for its Sironcha branch located in Sironcha (Dist. Gadchiroli), 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 Sironcha (Dist. Gadchiroli) and Sironcha Dist Gadchiroli, 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 Sironcha or Sironcha (Dist. Gadchiroli) to get the exact IFSC Code BKID0009602.

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 Sironcha (Dist. Gadchiroli) that will provide accurate information.

How to Use IFSC Code BKID0009602 for Online Transfers?

If you have the IFSC Code BKID0009602 for the Sironcha branch of Bank Of India in Sironcha (Dist. Gadchiroli), you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0009602. Transfers are processed in batches. 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. Asks for the recipient's account details and Bank Of India IFSC Code BKID0009602.

Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Bank Of India Sironcha in Sironcha (Dist. Gadchiroli), it 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 Sironcha, 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 Sironcha (Dist. Gadchiroli) manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of India Sironcha Sironcha (Dist. Gadchiroli)?

The IFSC Code of the Sironcha Sironcha (Dist. Gadchiroli) branch is BKID0009602.

Is IFSC Code BKID0009602 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 Sironcha branch?

The branch is located at P O Sironchadistrict Gadchiroli.

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.