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 Thana Amgaon branch in Thana (Amgaon) (Dist.Gondia), Thana Amgaon Distgondia, 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 Thana (Amgaon) (Dist.Gondia) or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code BKID0009224. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Bank Of India, Thana Amgaon, Thana (Amgaon) (Dist.Gondia)

The table below shows the main details of the IFSC Code BKID0009224 for the Bank Of India branch in Thana (Amgaon) (Dist.Gondia), which falls under the Thana Amgaon Distgondia district in Maharashtra.

Particulars Details
Bank Bank Of India
IFSC Code BKID0009224
Branch Thana Amgaon
City Thana (Amgaon) (Dist.Gondia)
District Thana Amgaon Distgondia
State Maharashtra
Address At Po Thanataluka Amgaon Dist Bhandara

These details helps users in online banking and for businesses and individuals who use Bank Of India in Thana (Amgaon) (Dist.Gondia) for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0009224 for the Thana Amgaon 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, including Bank Of India located in Thana Amgaon, Thana (Amgaon) (Dist.Gondia), Maharashtra, is provided with a unique IFSC like BKID0009224 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the Bank Of India branch in Thana (Amgaon) (Dist.Gondia).
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any errors or confusions between multiple branches of the same bank across different places like Thana (Amgaon) (Dist.Gondia) and Thana Amgaon Distgondia.
  • It reduces errors in fund transfers and improves accuracy.
  • It allows sender banks to validate and confirm branch details before processing payments.

There are thousands of branches across Maharashtra and the rest of India and the IFSC Code ensures that transactions meant for Bank Of India in Thana Amgaon do not get mixed with another location.

Format of the IFSC Code BKID0009224

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 Thana Amgaon in Thana (Amgaon) (Dist.Gondia).

For example, the IFSC Code BKID0009224 of Bank Of India for the Thana Amgaon branch has these elements, identifying the bank and the branch location in Thana (Amgaon) (Dist.Gondia) and Maharashtra correctly.

How to Find IFSC Code for Bank Of India?

If you are looking for the IFSC Code BKID0009224 of Bank Of India for its Thana Amgaon branch located in Thana (Amgaon) (Dist.Gondia), 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 Thana (Amgaon) (Dist.Gondia) and Thana Amgaon Distgondia, 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 Thana Amgaon or Thana (Amgaon) (Dist.Gondia) to get the exact IFSC Code BKID0009224.

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 Thana (Amgaon) (Dist.Gondia), then it will provide you proper information.

How to Use IFSC Code BKID0009224 for Online Transfers?

Once you have the IFSC Code BKID0009224 for the Thana Amgaon branch of Bank Of India in Thana (Amgaon) (Dist.Gondia), you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code BKID0009224. The transfer is completed in batches. It is useful for both personal and business payments.

RTGS

Used for payments over ₹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 BKID0009224.

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 Thana Amgaon in Thana (Amgaon) (Dist.Gondia), your payment can get delayed or might not go through at all.

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 Thana Amgaon, 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 Thana (Amgaon) (Dist.Gondia) to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of India Thana Amgaon Thana (Amgaon) (Dist.Gondia)?

The IFSC Code of the Thana Amgaon Thana (Amgaon) (Dist.Gondia) branch is BKID0009224.

Is IFSC Code BKID0009224 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 Thana Amgaon branch?

The branch is located at At Po Thanataluka Amgaon Dist Bhandara.

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.