IFSC Code of Bank Of India, Umalla, Umalla Dist Bharuch, Gujarat- BKID0003002

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 Umalla branch in Umalla (Dist. Bharuch), Umalla Dist Bharuch, Gujarat, 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 Umalla (Dist. Bharuch) or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code BKID0003002. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Bank Of India, Umalla, Umalla (Dist. Bharuch)

Below in the table are the key details related to IFSC Code BKID0003002 of Bank Of India for its branch located in Umalla (Dist. Bharuch), within the district of Umalla Dist Bharuch in the state of Gujarat.

These details are crucial, not just for online banking users but also for businesses and individuals who use Bank Of India in Umalla (Dist. Bharuch) for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0003002 for the Umalla 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 Umalla, Umalla (Dist. Bharuch), Gujarat, are given a unique IFSC like BKID0003002 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It clearly tells which bank branch it is in Umalla (Dist. Bharuch).
• 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 Umalla (Dist. Bharuch) and Umalla Dist Bharuch.
• 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 Umalla goes to the correct branch. This is important because Bank Of India has thousands of branches in Gujarat and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code BKID0003002

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 Umalla in Umalla (Dist. Bharuch).

For example, the IFSC Code BKID0003002 of Bank Of India for the Umalla branch has these elements, identifying the bank and the branch location in Umalla (Dist. Bharuch) and Gujarat correctly.

How to Find IFSC Code for Bank Of India?

To find the IFSC Code BKID0003002 of Bank Of India for its Umalla branch located in Umalla (Dist. Bharuch), 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 Umalla (Dist. Bharuch) and Umalla Dist Bharuch, 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 Umalla or Umalla (Dist. Bharuch) to find the exact IFSC Code BKID0003002.

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 Umalla (Dist. Bharuch) will provide accurate information.

How to Use IFSC Code BKID0003002 for Online Transfers?

Once you have the IFSC Code BKID0003002 for the Umalla branch of Bank Of India in Umalla (Dist. Bharuch), you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code BKID0003002. The transfer is completed in batches instead of instantly. It is useful for both 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. Requires the recipient's account details and Bank Of India IFSC Code BKID0003002.

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 Umalla in Umalla (Dist. Bharuch), 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 Umalla, 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 Umalla (Dist. Bharuch) to handle online money transfers and get their cheques cleared smoothly.