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 Wankaner branch in Wankaner (Tal Savali, Dist. Vadodara), Wankaner Tal Savali Dist Vadodara, Gujarat, 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 Wankaner (Tal Savali, Dist. Vadodara) or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code BKID0002603. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Bank Of India, Wankaner, Wankaner (Tal Savali, Dist. Vadodara)
Here are the main details that are associated with the IFSC Code BKID0002603 of Bank Of India for its branch located in Wankaner (Tal Savali, Dist. Vadodara), within the district of Wankaner Tal Savali Dist Vadodara in the state of Gujarat.
| Particulars | Details |
|---|---|
| Bank | Bank Of India |
| IFSC Code | BKID0002603 |
| Branch | Wankaner |
| City | Wankaner (Tal Savali, Dist. Vadodara) |
| District | Wankaner Tal Savali Dist Vadodara |
| State | Gujarat |
| Address | Wankanertaluka Savali Dist Vadodara |
These details help users in online banking and for businesses and individuals who use Bank Of India in Wankaner (Tal Savali, Dist. Vadodara) for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0002603 for the Wankaner 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 Wankaner, Wankaner (Tal Savali, Dist. Vadodara), Gujarat, are allotted a unique IFSC like BKID0002603 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Wankaner (Tal Savali, Dist. Vadodara).
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Wankaner (Tal Savali, Dist. Vadodara) and Wankaner Tal Savali Dist Vadodara.
- 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 Wankaner reaches the right place, even though there are thousands of branches in Gujarat and across India.
Format of the IFSC Code BKID0002603
This is the format of the IFSC Code for banks, including Bank Of India, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For Bank Of India, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Wankaner in Wankaner (Tal Savali, Dist. Vadodara).
For example, the IFSC Code BKID0002603 of Bank Of India for the Wankaner branch includes these elements, identifying the bank and the branch location in Wankaner (Tal Savali, Dist. Vadodara) and Gujarat accurately.
How to Find IFSC Code for Bank Of India?
To find the IFSC Code BKID0002603 of Bank Of India for its Wankaner branch located in Wankaner (Tal Savali, Dist. Vadodara), 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 Wankaner (Tal Savali, Dist. Vadodara) and Wankaner Tal Savali Dist Vadodara, 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 Wankaner or Wankaner (Tal Savali, Dist. Vadodara) to find the exact IFSC Code BKID0002603.
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 Wankaner (Tal Savali, Dist. Vadodara) will provide accurate information.
How to Use IFSC Code BKID0002603 for Online Transfers?
If you have the IFSC Code BKID0002603 for the Wankaner branch of Bank Of India in Wankaner (Tal Savali, Dist. Vadodara), you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code BKID0002603. 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 BKID0002603.
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 Wankaner in Wankaner (Tal Savali, Dist. Vadodara), 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 Wankaner, 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 Wankaner (Tal Savali, Dist. Vadodara) to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is BKID0002603.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Wankanertaluka Savali Dist Vadodara located in Wankaner (Tal Savali, Dist. Vadodara), Wankaner Tal Savali Dist Vadodara, Gujarat.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.