Bank Of India has 5 branches in Akola like Murtizapur , Jatharpeth (Akola) , Gorakshan Road , . Please select a branch from the list below to get the location, contact details, IFSC code, MICR code.

IFSC Codes of Bank Of India in Akola

Branch Name Branch Address IFSC Code MICR Code Bank City District State
Murtizapur Mahajan Towers Hariya Nagar Main Road At Po Murtizapur Dist
Akola 444 107
BKID0009652 NON MICR Bank Of India Akola Maharashtra
Jatharpeth (Akola) "Shubhmangal Karyalay",Tapadiya Nagar, Birla Road,Akola
(M.S.), Pin- 444 005
BKID0009249 NOT AVAILABLE Bank Of India Akola Akola Maharashtra
Gorakshan Road Gorakshan Road Branch, Shriraj Complex, 401, Alsi Plot,
Gorakshan Road, Akola, Pin – 444005
BKID0009651 NA Bank Of India Akola Maharashtra
Akot Plot No 19, Ward No 8, Jawahar Road, Akot Dist Akola Pin 444
101
BKID0009653 NON MICR Bank Of India Akot Akola Maharashtra
Akola Akola,The Akola Co-Op. Cloth,Building, Near Open
Ai,Akola,444001,Maharashtra
BKID0009650 444013001 Bank Of India Akola Maharashtra

What is IFSC code of a bank?

Full form of IFSC code is Indian Financial System Code.
When you want to make a payment to an account you would need to mention an IFSC code along with the account number. IFSC code is used to identify a branch of a bank. An account number along with an IFSC code is used uniquely identify an account. This combination can be then used to make online fund transfer through NEFT or RTGS.
On the other hand, NEFT transactions generally take upto 2 hours to settle.

What is the use of MICR code?

MICR stands for Magnetic Ink Character Recognition. It appears on your cheque just after your cheque number. It is used to identify a particular branch of a bank in a city. It is a nine digit number of which first 3 digits stand for city, next 3 for bank and last 3 for branch.
The MICR code is used for clearing the cheques. A machine can read MICR code and quickly identify the exact branch where the account of the cheque issuers is held.

What is the time of Neft?

National Electronic Funds Transfer is used for transferring the funds online. The system is available from 8 in the morning till 7 in the evening and 1 in the afternoon. Any NEFT requests not cleared on a day are rolled over to the next day and cleared on next working day. If you want to transfer funds instantly use RTGS or IMPS instead. You can also use online wallets.