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 Anji Mothi branch in Wardha, Anji Mothi, 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 Wardha or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code BKID0VG4062. 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, Anji Mothi, Wardha

Here are the main details that are associated with the IFSC Code BKID0VG4062 of Bank Of India for its branch located in Wardha, within the district of Anji Mothi in the state of Maharashtra.

Particulars Details
Bank Bank Of India
IFSC Code BKID0VG4062
Branch Anji Mothi
City Wardha
District Anji Mothi
State Maharashtra
Address At Post Anji Tq Dist Wardha Pin 442001

These details are important not only for users using online banking but also for businesses and individuals who use Bank Of India in Wardha for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code BKID0VG4062 for the Anji Mothi 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 Anji Mothi, Wardha, Maharashtra, are allotted a unique IFSC like BKID0VG4062 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Wardha.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Wardha and Anji Mothi.
  • 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 Anji Mothi reaches the right place, even though there are thousands of branches in Maharashtra and across India.

Format of the IFSC Code BKID0VG4062

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 Anji Mothi in Wardha.

For example, the IFSC Code BKID0VG4062 of Bank Of India for the Anji Mothi branch has these elements, identifying the bank and the branch location in Wardha and Maharashtra correctly.

How to Find IFSC Code for Bank Of India?

If you are trying to find the IFSC Code BKID0VG4062 of Bank Of India for its Anji Mothi branch located in Wardha, 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 Wardha and Anji Mothi, 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 Anji Mothi or Wardha to get the exact IFSC Code BKID0VG4062.

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 Wardha, you'll get the correct details.

How to Use IFSC Code BKID0VG4062 for Online Transfers?

Once you have the IFSC Code BKID0VG4062 for the Anji Mothi branch of Bank Of India in Wardha, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0VG4062. 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 BKID0VG4062.

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 Anji Mothi in Wardha 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 Anji Mothi, here are some ways that 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.

If you know both IFSC and MICR codes, then it can help account holders in Wardha manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of India in Anji Mothi, Wardha?

The IFSC Code is BKID0VG4062.

Is the IFSC Code BKID0VG4062 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and IFSC is for online transfers.

Where can I find the IFSC Code of Bank Of India Anji Mothi?

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Anji Mothi branch?

The address of the branch is At Post Anji Tq Dist Wardha Pin 442001 located in Wardha, Anji Mothi, Maharashtra.

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.