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 Thanegaon branch in Thanegaon (Dist. Wardha), Thanegaon Dist Wardha, 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 Thanegaon (Dist. Wardha) or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code BKID0009714. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Bank Of India, Thanegaon, Thanegaon (Dist. Wardha)
Here are some of the key details that come with the IFSC Code BKID0009714 of Bank Of India for its branch located in Thanegaon (Dist. Wardha), within the district of Thanegaon Dist Wardha in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Bank Of India |
| IFSC Code | BKID0009714 |
| Branch | Thanegaon |
| City | Thanegaon (Dist. Wardha) |
| District | Thanegaon Dist Wardha |
| State | Maharashtra |
| Address | At Post Thanegaontaluka Karanja Ghadge Dist Wardha |
These details help users in online banking and for businesses and individuals who use Bank Of India in Thanegaon (Dist. Wardha) for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0009714 for the Thanegaon branch of Bank Of India has a very 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 Thanegaon, Thanegaon (Dist. Wardha), Maharashtra, are allotted a unique IFSC like BKID0009714 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Thanegaon (Dist. Wardha).
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Thanegaon (Dist. Wardha) and Thanegaon Dist Wardha.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to Bank Of India in Thanegaon reaches the right place, even though there are thousands of branches in Maharashtra and across India.
Format of the IFSC Code BKID0009714
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 Thanegaon in Thanegaon (Dist. Wardha).
For example, the IFSC Code BKID0009714 of Bank Of India for the Thanegaon branch includes these elements, identifying the bank and the branch location in Thanegaon (Dist. Wardha) and Maharashtra correctly.
How to Find IFSC Code for Bank Of India?
If you are trying to find the IFSC Code BKID0009714 of Bank Of India for its Thanegaon branch located in Thanegaon (Dist. Wardha), the following methods can help:
Cheque Book
The cheque book issued by Bank Of India includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.
Passbook
You can easily find the IFSC and MICR codes because most banks, including Bank Of India branches in Thanegaon (Dist. Wardha) and Thanegaon Dist Wardha, print them on the first page of your passbook.
Bank Website
Visit the official website of Bank Of India and navigate to the branch locator section. Search for Thanegaon or Thanegaon (Dist. Wardha) to get the exact IFSC Code BKID0009714.
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 keeps an updated list of all IFSC codes. If you search for Bank Of India and Thanegaon (Dist. Wardha), you'll get the correct details.
How to Use IFSC Code BKID0009714 for Online Transfers?
If you have the IFSC Code BKID0009714 for the Thanegaon branch of Bank Of India in Thanegaon (Dist. Wardha), you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code BKID0009714. 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 BKID0009714.
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 Thanegaon in Thanegaon (Dist. Wardha), 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 Thanegaon, here are some ways that you can get 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.
If you know both IFSC and MICR codes, then it can help account holders in Thanegaon (Dist. Wardha) manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is BKID0009714.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is At Post Thanegaontaluka Karanja Ghadge Dist Wardha located in Thanegaon (Dist. Wardha), Thanegaon Dist Wardha, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.