About Bank of India
More than 5,000 Bank of India branches can be found across India. There are almost eight NBG offices and 54 zone offices. Bank of India has 60 branches, five subsidiaries and one international joint venture. Bank of India is present in 22 countries including New York, Singapore, Tokyo, London, Hong Kong and Paris.
See also: How to get JIO Sim PUK code?
What is an IFSC code?
IFSC codes are the identification codes of banks and other financial institutions in India. They are also known as bank codes, bank account numbers, or simply bank numbers. They are a six-digit code used to identify financial institutions in India.
An 11-digit alphanumeric code known as the IFSC (Indian Financial System Code) is used to uniquely identify each bank and branch involved in the online funds transfer process. The Reserve Bank of India (RBI) provides each bank branch with an IFSC code to control money transfers made online. Without a valid IFSC, it is impossible to initiate electronic or online transactions for the transfer of funds via NEFT (National Electronic Funds Transfer), RTGS (Real Time Gross Settlement) and IMPS (Immediate Payment System).
Read more: IFSC Code of Akola Janata Commercial Cooperative Bank
IFS Code Characteristics
- Seamless movement of reserves online: IFSC enables the seamless and advantageous exchange of assets from one financial balance to the next. The use of IFSC is mandatory when working with all electronic or online exchange of assets through NEFT, RTGS or Demons.
- Trade Checking: The RBI uses the IFSC to keep a normal track of all financial trades, thereby limiting the potential chances of any errors in the asset movement process.
- Special identification: IFSC helps uniquely identify all banks and their individual branches, helping clients avoid potential errors.
- Eliminate Errors: IFSC helps clients to complete the asset movement process securely thereby eliminating the potential chances of any false actions in the web-based reserve movement process.
IFSC code format
The IFSC code organization contains 11 characters and is a combination of 3 fundamental parts:
- The first 4 characters represent the bank code.
- The fifth character is a ‘0’
- The remaining 6 characters indicate a specific branch code.
Check IFSC code and addresses of Also-Abhyudaya Cooperative Bank in India
Choose IFSC code state and Bank of India addresses below
If you want to open a bank account in a new state, it is important to know the state’s bank code and the addresses where it is located. Fortunately, Bank of India has made this process easy for you. To get started, simply type the state’s bank code into the search bar at the top of the page, then select the state from the list of results. Enter the addresses of bank branches in that state below, and you’re ready to start banking!
- Andaman and Nicobar Islands
- Andhra Pradesh
- Arunachal Pradesh
- Assam
- Bihar
- Chandigarh
- chattisgarh
- Dadra and Nagar Haveli
- Daman and Diu
- Delhi
- Gonna
- Gujarat
- Haryana
- Himachal Pradesh
- Jammu and Kashmir
- Jharkhand
- karnataka
- Kerala
- Madhya Pradesh
- maharastra
- Manipur
- megalaya
- Mizoran
- nagaland
- Orissa
- puducherry
- Punjab
- rajasthan
- sikkim
- Tamil Nadu
- telangana
- Tripura
- uttar pradesh
- uttarakhand
- west of bengal
Read More: Ahmedabad Mercantile Cooperative Bank IFSC Code
How to look up Bank of India IFSC and MICR code offline?
Searching for Bank of India IFSC code and MICR code is easy. If you have a ledger at Bank of India, you can see the IFSC code of your local branch printed on your actual reading ledger. He is also referenced on the first page of his notebook. You can use the Bank of India IFSC code for any electronic exchange via RTGS, NEFT or Devils as easy as it is for you. Similarly, you can find the Bank of India MICR code printed on the passbook or at the bottom of the actual checkbook.
If you want to bank at Bank of India, but don’t have access to an internet connection, then this guide is for you. In this article, we will show you how to look up Bank of India IFSC and MICR code offline, so that you can start your banking process even when you are not connected to the internet. By following these steps, you can easily get started with your banking, no matter where you are in the world. So don’t miss out – read on to find out how to lookup Bank of India IFSC and MICR code offline.
Related Posts-
IFSC code and addresses of Bank of America in India
IFSC codes and addresses of Axis Bank in India
Andhra Pragathi Grameena Bank IFSC Code
Categories: Guide
Source: thptvinhthang.edu.vn