IFSC Code of Bank Of India, Vatul, Vatul Talrajapur Dist Ratnagiri, Maharashtra- BKID0001433

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 Vatul branch in Vatul (Tal.Rajapur, Dist Ratnagiri), Vatul Talrajapur Dist Ratnagiri, 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 Vatul (Tal.Rajapur, Dist Ratnagiri) or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code BKID0001433. 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, Vatul, Vatul (Tal.Rajapur, Dist Ratnagiri)

Below in the table are the key details related to IFSC Code BKID0001433 of Bank Of India for its branch located in Vatul (Tal.Rajapur, Dist Ratnagiri), within the district of Vatul Talrajapur Dist Ratnagiri in the state of Maharashtra.

These details help users in online banking and for businesses and individuals who use Bank Of India in Vatul (Tal.Rajapur, Dist Ratnagiri) for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0001433 for the Vatul 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 Vatul, Vatul (Tal.Rajapur, Dist Ratnagiri), Maharashtra, are allotted a unique IFSC like BKID0001433 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It clearly tells which bank branch it is in Vatul (Tal.Rajapur, Dist Ratnagiri).
• It helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It prevents confusion between different branches of the same bank in places like Vatul (Tal.Rajapur, Dist Ratnagiri) and Vatul Talrajapur Dist Ratnagiri.
• 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 Vatul reaches the right place, even though there are thousands of branches in Maharashtra and across India.

Format of the IFSC Code BKID0001433

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 Vatul in Vatul (Tal.Rajapur, Dist Ratnagiri).

For example, the IFSC Code BKID0001433 of Bank Of India for the Vatul branch includes these elements, identifying the bank and the branch location in Vatul (Tal.Rajapur, Dist Ratnagiri) and Maharashtra correctly.

How to Find IFSC Code for Bank Of India?

To find the IFSC Code BKID0001433 of Bank Of India for its Vatul branch located in Vatul (Tal.Rajapur, Dist Ratnagiri), 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 Vatul (Tal.Rajapur, Dist Ratnagiri) and Vatul Talrajapur Dist Ratnagiri, 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 Vatul or Vatul (Tal.Rajapur, Dist Ratnagiri) to find the exact IFSC Code BKID0001433.

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 Vatul (Tal.Rajapur, Dist Ratnagiri) will provide accurate information.

How to Use IFSC Code BKID0001433 for Online Transfers?

Once you have the IFSC Code BKID0001433 for the Vatul branch of Bank Of India in Vatul (Tal.Rajapur, Dist Ratnagiri), you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0001433. 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 BKID0001433.

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 Vatul in Vatul (Tal.Rajapur, Dist Ratnagiri) may result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Bank Of India in Vatul, here are some of the ways 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.

Knowing both IFSC and MICR code can help account holders in Vatul (Tal.Rajapur, Dist Ratnagiri) manage their online transfers and cheque clearances easily.