Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Bank Of India for its Vansadi branch in Vansadi (Dist. Chandrapur), Vansadi Dist Chandrapur, Maharashtra, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of Bank Of India located in Vansadi (Dist. Chandrapur) or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code BKID0009619. You should definitely 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, Vansadi, Vansadi (Dist. Chandrapur)
The table below shows the main details of the IFSC Code BKID0009619 for the Bank Of India branch in Vansadi (Dist. Chandrapur), which falls under the Vansadi Dist Chandrapur district in Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Bank Of India |
| IFSC Code | BKID0009619 |
| Branch | Vansadi |
| City | Vansadi (Dist. Chandrapur) |
| District | Vansadi Dist Chandrapur |
| State | Maharashtra |
| Address | At Post Vansaditaluka Korpana Dist Chandrapur |
These details are important not only for users using online banking but also for businesses and individuals who use Bank Of India in Vansadi (Dist. Chandrapur) for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code BKID0009619 for the Vansadi branch of Bank Of India is vital.
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 Vansadi, Vansadi (Dist. Chandrapur), Maharashtra, are given a unique IFSC like BKID0009619 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Vansadi (Dist. Chandrapur).
- 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 Vansadi (Dist. Chandrapur) and Vansadi Dist Chandrapur.
- 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 Vansadi goes to the correct branch. This is important because Bank Of India has thousands of branches in Maharashtra and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code BKID0009619
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 Vansadi in Vansadi (Dist. Chandrapur).
For example, the IFSC Code BKID0009619 of Bank Of India for the Vansadi branch includes these elements, identifying the bank and the branch location in Vansadi (Dist. Chandrapur) and Maharashtra correctly.
How to Find IFSC Code for Bank Of India?
If you are trying to find the IFSC Code BKID0009619 of Bank Of India for its Vansadi branch located in Vansadi (Dist. Chandrapur), 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 Vansadi (Dist. Chandrapur) and Vansadi Dist Chandrapur, 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 Vansadi or Vansadi (Dist. Chandrapur) to get the exact IFSC Code BKID0009619.
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 Vansadi (Dist. Chandrapur), you'll get the correct details.
How to Use IFSC Code BKID0009619 for Online Transfers?
Once you have the IFSC Code BKID0009619 for the Vansadi branch of Bank Of India in Vansadi (Dist. Chandrapur), you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code BKID0009619. 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 BKID0009619.
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 Vansadi in Vansadi (Dist. Chandrapur), your payment can get delayed or might not go through at all.
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 Vansadi, 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 Vansadi (Dist. Chandrapur) manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is BKID0009619.
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 Vansaditaluka Korpana Dist Chandrapur located in Vansadi (Dist. Chandrapur), Vansadi Dist Chandrapur, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.