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 Vijalpor branch in Vijalpor (Dist. Navasari), Vijalpor Dist Navasari, 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 Vijalpor (Dist. Navasari) or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code BKID0002902. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Bank Of India, Vijalpor, Vijalpor (Dist. Navasari)
The table below shows the main details of the IFSC Code BKID0002902 for the Bank Of India branch in Vijalpor (Dist. Navasari), which falls under the Vijalpor Dist Navasari district in Gujarat.
| Particulars | Details |
|---|---|
| Bank | Bank Of India |
| IFSC Code | BKID0002902 |
| Branch | Vijalpor |
| City | Vijalpor (Dist. Navasari) |
| District | Vijalpor Dist Navasari |
| State | Gujarat |
| Address | Tamhankar Wadinear Prathmik Schoolvijalpor Dist Navasari |
These details help users in online banking and for businesses and individuals who use Bank Of India in Vijalpor (Dist. Navasari) for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0002902 for the Vijalpor 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 that is provided by the Reserve Bank of India. A unique IFSC like BKID0002902 is given to every bank branch, including Bank Of India located in Vijalpor, Vijalpor (Dist. Navasari), 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 Vijalpor (Dist. Navasari).
- 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 Vijalpor (Dist. Navasari) and Vijalpor Dist Navasari.
- 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 Vijalpor doesn't end up at another location.
Format of the IFSC Code BKID0002902
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 Vijalpor in Vijalpor (Dist. Navasari).
For example, the IFSC Code BKID0002902 of Bank Of India for the Vijalpor branch has these elements, identifying the bank and the branch location in Vijalpor (Dist. Navasari) and Gujarat correctly.
How to Find IFSC Code for Bank Of India?
To find the IFSC Code BKID0002902 of Bank Of India for its Vijalpor branch located in Vijalpor (Dist. Navasari), 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 Vijalpor (Dist. Navasari) and Vijalpor Dist Navasari, 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 Vijalpor or Vijalpor (Dist. Navasari) to find the exact IFSC Code BKID0002902.
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 Vijalpor (Dist. Navasari) will provide accurate information.
How to Use IFSC Code BKID0002902 for Online Transfers?
If you have the IFSC Code BKID0002902 for the Vijalpor branch of Bank Of India in Vijalpor (Dist. Navasari), you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code BKID0002902. Transfers are processed in batches. 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. Asks for the recipient's account details and Bank Of India IFSC Code BKID0002902.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Bank Of India Vijalpor in Vijalpor (Dist. Navasari), it 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 Vijalpor, 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 Vijalpor (Dist. Navasari) manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is BKID0002902.
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 Tamhankar Wadinear Prathmik Schoolvijalpor Dist Navasari located in Vijalpor (Dist. Navasari), Vijalpor Dist Navasari, Gujarat.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.