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Bank of India

TEMBURNI BRANCH

+912183231362

IFSC CODE
BKID0000741
MICR Code 413013523
Branch Code 000741
City / District TEMBURNI DIST SOLAPUR
State MAHARASHTRA
Office Address SAMADHAN SHOPPING CENTREPLOT NO 1108NAVI PETH TEMBURNI TAL MADHA DIST SOLAPUR
Phone +912183231362
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Understanding IFSC Code: The Digital DNA of Bank of India

When performing any digital transaction in India, the Indian Financial System Code (IFSC) acts as a critical identifier. For the TEMBURNI branch of Bank of India, the code BKID0000741 ensures that your funds are routed through the Reserve Bank of India's (RBI) structured network without manual errors. In an era of instant payments, having the correct IFSC is as important as the account number itself.

Anatomy of the BKID0000741 Code

An IFSC is an 11-character alphanumeric code. Let's break down the logic behind the code for this specific branch:

First 4

Bank Identity

"BKID" represents Bank of India

5th Digit

Control Character

Always '0' (Reserved for future use)

Last 6

Branch Locator

Unique code for TEMBURNI

Payment Systems Supported by BKID0000741

System Transfer Limit Processing Time
NEFT No Minimum (Up to ₹50 Lakhs+) Half-hourly batches (24x7)
RTGS Minimum ₹2 Lakhs Real-time settlement
IMPS Up to ₹5 Lakhs Instant (Mobile/P2P)

Why do you need the MICR Code?

While IFSC is for digital transfers, the Magnetic Ink Character Recognition (MICR) code—413013523—is primarily used for the processing and clearance of physical cheques. This 9-digit code helps in identifying the bank and branch during the Cheque Truncation System (CTS) cycle, making clearing faster and error-free.

Bank Holidays & Availability

The Bank of India in TEMBURNI DIST SOLAPUR typically follows the RBI holiday calendar. Digital transfers via BKID0000741 for NEFT/RTGS are now available 365 days a year, regardless of physical branch timings or Sunday closures.

Security Warning & Verification

Always verify the branch details before making a large payment. While BKID0000741 is the valid code for TEMBURNI at TEMBURNI DIST SOLAPUR, ensure the beneficiary name matches perfectly in your mobile banking app.

RBI Verified NEFT Enabled RTGS 24x7

Bank Search Indexing & Metadata

Related Searches

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Branch Context

  • • TEMBURNI Contact
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Platform Links

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