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 Wani branch in Wani (Mh), Wani Mh, Maharashtra, 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 Wani (Mh) or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code BKID0000633. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Bank Of India, Wani, Wani (Mh)

Here are some of the key details that come with the IFSC Code BKID0000633 of Bank Of India for its branch located in Wani (Mh), within the district of Wani Mh in the state of Maharashtra.

Particulars Details
Bank Bank Of India
IFSC Code BKID0000633
Branch Wani
City Wani (Mh)
District Wani Mh
State Maharashtra
Address Dinanath Complex Opp Vyankatesh Mandirjatashankar Chowk Main Road Wani District

These details are essential not only for online banking users but also for businesses and individuals who use Bank Of India in Wani (Mh) for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0000633 for the Wani branch of Bank Of India plays 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 BKID0000633 is given to every bank branch, including Bank Of India located in Wani, Wani (Mh), Maharashtra, 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 Wani (Mh).
  • 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 Wani (Mh) and Wani Mh.
  • 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 Maharashtra and the rest of India, which is why the IFSC Code ensures that transactions meant for Bank Of India in Wani doesn't end up at another location.

Format of the IFSC Code BKID0000633

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 Wani in Wani (Mh).

For example, the IFSC Code BKID0000633 of Bank Of India for the Wani branch includes these elements, identifying the bank and the branch location in Wani (Mh) and Maharashtra correctly.

How to Find IFSC Code for Bank Of India?

If you are trying to find the IFSC Code BKID0000633 of Bank Of India for its Wani branch located in Wani (Mh), 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 Wani (Mh) and Wani Mh, 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 Wani or Wani (Mh) to get the exact IFSC Code BKID0000633.

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 Wani (Mh), you'll get the correct details.

How to Use IFSC Code BKID0000633 for Online Transfers?

If you have the IFSC Code BKID0000633 for the Wani branch of Bank Of India in Wani (Mh), you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0000633. 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 BKID0000633.

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 Wani in Wani (Mh), it may 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 Wani, 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 Wani (Mh) to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of India Wani Wani (Mh)?

The IFSC Code of the Wani Wani (Mh) branch is BKID0000633.

Is IFSC Code BKID0000633 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Bank Of India Wani branch?

The branch is located at Dinanath Complex Opp Vyankatesh Mandirjatashankar Chowk Main Road Wani District.

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.