There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Bank Of India for its Vadnagar branch in Vadnagar (Dist Mehsana) Gj, Vadnagar Dist Mehsana Gj, Gujarat, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of Bank Of India situated in Vadnagar (Dist Mehsana) Gj or anywhere in Gujarat can easily transfer funds instantly by using the correct IFSC Code BKID0002217. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Bank Of India, Vadnagar, Vadnagar (Dist Mehsana) Gj
The table below shows the main details of the IFSC Code BKID0002217 for the Bank Of India branch in Vadnagar (Dist Mehsana) Gj, which falls under the Vadnagar Dist Mehsana Gj district in Gujarat.
| Particulars | Details |
|---|---|
| Bank | Bank Of India |
| IFSC Code | BKID0002217 |
| Branch | Vadnagar |
| City | Vadnagar (Dist Mehsana) Gj |
| District | Vadnagar Dist Mehsana Gj |
| State | Gujarat |
| Address | Deep Complex Behind Railway Stationat Po Vadnagar Distt Mehsana |
These details are crucial, not just for online banking users but also for businesses and individuals who use Bank Of India in Vadnagar (Dist Mehsana) Gj for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0002217 for the Vadnagar 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 BKID0002217 is given to every bank branch, including Bank Of India located in Vadnagar, Vadnagar (Dist Mehsana) Gj, Gujarat, 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 Vadnagar (Dist Mehsana) Gj.
- 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 Vadnagar (Dist Mehsana) Gj and Vadnagar Dist Mehsana Gj.
- 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 Gujarat and the rest of India, which is why the IFSC Code ensures that transactions meant for Bank Of India in Vadnagar doesn't end up at another location.
Format of the IFSC Code BKID0002217
The format of the IFSC Code for banks, including Bank Of India, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown of this:
- First 4 characters (AAAA): Represent the bank code. For Bank Of India, these characters are the bank's short identifier.
- 5th character (0): Always zero which is reserved for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Vadnagar in Vadnagar (Dist Mehsana) Gj.
For example, the IFSC Code BKID0002217 of Bank Of India for the Vadnagar branch includes these elements, identifying the bank and the branch location in Vadnagar (Dist Mehsana) Gj and Gujarat accurately.
How to Find IFSC Code for Bank Of India?
If you are trying to find the IFSC Code BKID0002217 of Bank Of India for its Vadnagar branch located in Vadnagar (Dist Mehsana) Gj, 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
Most banks, including Bank Of India branches in Vadnagar (Dist Mehsana) Gj and Vadnagar Dist Mehsana Gj, print the IFSC and MICR codes 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 Vadnagar or Vadnagar (Dist Mehsana) Gj to get the exact IFSC Code BKID0002217.
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 Vadnagar (Dist Mehsana) Gj, you'll get the correct details.
How to Use IFSC Code BKID0002217 for Online Transfers?
Once you have the IFSC Code BKID0002217 for the Vadnagar branch of Bank Of India in Vadnagar (Dist Mehsana) Gj, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code BKID0002217. 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 BKID0002217.
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 Vadnagar in Vadnagar (Dist Mehsana) Gj, it can 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 Vadnagar, 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 Vadnagar (Dist Mehsana) Gj to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is BKID0002217.
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 Deep Complex Behind Railway Stationat Po Vadnagar Distt Mehsana located in Vadnagar (Dist Mehsana) Gj, Vadnagar Dist Mehsana Gj, Gujarat.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.