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 Tembhurni branch in Solapur, Tembhurni, 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 Solapur or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code BKID0VG2025. 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, Tembhurni, Solapur

Below in the table are the key details related to IFSC Code BKID0VG2025 of Bank Of India for its branch located in Solapur, within the district of Tembhurni in the state of Maharashtra.

Particulars Details
Bank Bank Of India
IFSC Code BKID0VG2025
Branch Tembhurni
City Solapur
District Tembhurni
State Maharashtra
Address Vidharbh Konkan Gramin Bank Tembhurni Branch At Dist Solapur Solapur Mh 111111 Indiasolapur

These details helps users in online banking and for businesses and individuals who use Bank Of India in Solapur for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0VG2025 for the Tembhurni 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 Tembhurni, Solapur, Maharashtra, are given a unique IFSC like BKID0VG2025 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Solapur.
  • 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 Solapur and Tembhurni.
  • 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 Tembhurni 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 BKID0VG2025

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 Tembhurni in Solapur.

For example, the IFSC Code BKID0VG2025 of Bank Of India for the Tembhurni branch includes these elements, identifying the bank and the branch location in Solapur and Maharashtra correctly.

How to Find IFSC Code for Bank Of India?

To find the IFSC Code BKID0VG2025 of Bank Of India for its Tembhurni branch located in Solapur, the following methods can help you out:

Cheque Book

The cheque book issued by Bank Of India includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.

Passbook

Most banks, including Bank Of India branches in Solapur and Tembhurni, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Bank Of India and go to the branch locator section. Then search for Tembhurni or Solapur to find the exact IFSC Code BKID0VG2025.

Mobile Banking App

If you use Bank Of India's mobile app, you can 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. Searching for Bank Of India and Solapur will provide accurate information.

How to Use IFSC Code BKID0VG2025 for Online Transfers?

If you have the IFSC Code BKID0VG2025 for the Tembhurni branch of Bank Of India in Solapur, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0VG2025. 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 BKID0VG2025.

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 Tembhurni in Solapur, it may result in delayed or failed transactions.

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 Tembhurni, here are some ways to obtain 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.

Having both the IFSC and MICR codes makes it easy for account holders in Solapur to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of India in Tembhurni, Solapur?

The IFSC Code is BKID0VG2025.

Is the IFSC Code BKID0VG2025 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Bank Of India Tembhurni?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Tembhurni branch?

The address of the branch is Vidharbh Konkan Gramin Bank Tembhurni Branch At Dist Solapur Solapur Mh 111111 Indiasolapur located in Solapur, Tembhurni, Maharashtra.

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.