For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Bank Of India for its Telkamptee branch in Telkamptee (Dist. Nagpur), Telkamptee Dist Nagpur, Maharashtra, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly over the years, and today customers of Bank Of India located in Telkamptee (Dist. Nagpur) or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code BKID0008730. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Bank Of India, Telkamptee, Telkamptee (Dist. Nagpur)

The table below shows the main details of the IFSC Code BKID0008730 for the Bank Of India branch in Telkamptee (Dist. Nagpur), which falls under the Telkamptee Dist Nagpur district in Maharashtra.

Particulars Details
Bank Bank Of India
IFSC Code BKID0008730
Branch Telkamptee
City Telkamptee (Dist. Nagpur)
District Telkamptee Dist Nagpur
State Maharashtra
Address At Post Telkampteetaluka Kalmeshwar Distt Nagpur

These details are crucial, not just for online banking users but also for businesses and individuals who use Bank Of India in Telkamptee (Dist. Nagpur) for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0008730 for the Telkamptee 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, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with Bank Of India located in Telkamptee, Telkamptee (Dist. Nagpur), Maharashtra, are given a unique IFSC like BKID0008730 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Telkamptee (Dist. Nagpur).
  • 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 Telkamptee (Dist. Nagpur) and Telkamptee Dist Nagpur.
  • 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 Telkamptee 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 BKID0008730

The format of the IFSC Code for banks, including Bank Of India, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown:

  • First 4 characters (AAAA): These represent the bank code. In Bank Of India, they are a short identifier for the bank.
  • 5th character (0): This is always zero and is reserved for future use.
  • Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Telkamptee in Telkamptee (Dist. Nagpur).

For example, the IFSC Code BKID0008730 of Bank Of India for the Telkamptee branch has these elements, identifying the bank and the branch location in Telkamptee (Dist. Nagpur) and Maharashtra correctly.

How to Find IFSC Code for Bank Of India?

If you are trying to find the IFSC Code BKID0008730 of Bank Of India for its Telkamptee branch located in Telkamptee (Dist. Nagpur), 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 Telkamptee (Dist. Nagpur) and Telkamptee Dist Nagpur, 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 Telkamptee or Telkamptee (Dist. Nagpur) to get the exact IFSC Code BKID0008730.

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 Telkamptee (Dist. Nagpur) that will provide accurate information.

How to Use IFSC Code BKID0008730 for Online Transfers?

Once you have the IFSC Code BKID0008730 for the Telkamptee branch of Bank Of India in Telkamptee (Dist. Nagpur), you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0008730. 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 BKID0008730.

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 Telkamptee in Telkamptee (Dist. Nagpur), 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 Telkamptee, 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 Telkamptee (Dist. Nagpur) manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of India in Telkamptee, Telkamptee (Dist. Nagpur)?

The IFSC Code is BKID0008730.

Is the IFSC Code BKID0008730 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and the IFSC is for online transfers.

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

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

What is the full address of the Telkamptee branch?

The address of the branch is At Post Telkampteetaluka Kalmeshwar Distt Nagpur located in Telkamptee (Dist. Nagpur), Telkamptee Dist Nagpur, 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.