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 Vadipatti branch in Vadipatti (Dist.Madurai), Vadipatti Distmadurai, Tamil Nadu, 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 Vadipatti (Dist.Madurai) or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code BKID0008255. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Bank Of India, Vadipatti, Vadipatti (Dist.Madurai)

The table below shows the main details of the IFSC Code BKID0008255 for the Bank Of India branch in Vadipatti (Dist.Madurai), which falls under the Vadipatti Distmadurai district in Tamil Nadu.

Particulars Details
Bank Bank Of India
IFSC Code BKID0008255
Branch Vadipatti
City Vadipatti (Dist.Madurai)
District Vadipatti Distmadurai
State Tamil Nadu
Address Om Shakthi Buildingsmain Road Vadipatti Dist Madurai

These details are crucial, not just for online banking users but also for businesses and individuals who use Bank Of India in Vadipatti (Dist.Madurai) for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0008255 for the Vadipatti 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 that is provided by the Reserve Bank of India. A unique IFSC like BKID0008255 is given to every bank branch, including Bank Of India located in Vadipatti, Vadipatti (Dist.Madurai), Tamil Nadu, to make sure that online payments reach the right place.

The IFSC Code is important because:

  • It uniquely identifies the Bank Of India branch in Vadipatti (Dist.Madurai).
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any kind of confusion between multiple branches of the same bank across different places like Vadipatti (Dist.Madurai) and Vadipatti Distmadurai.
  • It removes errors in fund transfers and improves accuracy.
  • It lets the sender banks validate and confirm branch details before they process the payments.

There are thousands of branches across Tamil Nadu and the rest of India, which is why the IFSC Code ensures that transactions meant for Bank Of India in Vadipatti doesn't end up at another location.

Format of the IFSC Code BKID0008255

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): 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 Vadipatti in Vadipatti (Dist.Madurai).

For example, the IFSC Code BKID0008255 of Bank Of India for the Vadipatti branch includes these elements, identifying the bank and the branch location in Vadipatti (Dist.Madurai) and Tamil Nadu accurately.

How to Find IFSC Code for Bank Of India?

If you are trying to find the IFSC Code BKID0008255 of Bank Of India for its Vadipatti branch located in Vadipatti (Dist.Madurai), 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 Vadipatti (Dist.Madurai) and Vadipatti Distmadurai, 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 Vadipatti or Vadipatti (Dist.Madurai) to get the exact IFSC Code BKID0008255.

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 Vadipatti (Dist.Madurai), you'll get the correct details.

How to Use IFSC Code BKID0008255 for Online Transfers?

Once you have the IFSC Code BKID0008255 for the Vadipatti branch of Bank Of India in Vadipatti (Dist.Madurai), you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0008255. Transfers are processed in batches. This is 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. Requires the recipient's account details and Bank Of India IFSC Code BKID0008255.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Bank Of India Vadipatti in Vadipatti (Dist.Madurai) may 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 Vadipatti, 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 Vadipatti (Dist.Madurai) manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

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

The IFSC Code is BKID0008255.

Is the IFSC Code BKID0008255 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 Vadipatti?

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 Vadipatti branch?

The address of the branch is Om Shakthi Buildingsmain Road Vadipatti Dist Madurai located in Vadipatti (Dist.Madurai), Vadipatti Distmadurai, Tamil Nadu.

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.