Below are the complete branch details for Bank of India, CHAPALGAON branch, located in CHAPALGAON DIST SOLAPUR, MAHARASHTRA. The IFSC assigned by the Reserve Bank of India to this branch is BKID0000722. Whether you want to transfer money, add a beneficiary, verify a cheque or simply confirm the branch address, you will find authentic, up-to-date information on this page that has been cross-checked against the bank's branch directory and the RBI's master list of participants in the National Electronic Funds Transfer system.
The IFSC code is one of the most frequently asked-for pieces of information when somebody wants to send you money or set up a recurring credit such as a salary, EMI auto-debit or supplier payment. Knowing exactly which IFSC belongs to your branch — in this case BKID0000722 for Bank of India – CHAPALGAON — saves you from rejected transfers, returned credits and the back-and-forth that follows them.
The Indian Financial System Code, popularly known as IFSC, is an 11-digit alphanumeric code that the RBI assigns to every bank branch participating in online interbank settlement. Without this code, an electronic transfer simply cannot reach its destination branch.
The IFSC for Bank of India – CHAPALGAON is BKID0000722. The first four letters BKID are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 000722 map to this branch in CHAPALGAON DIST SOLAPUR, MAHARASHTRA.
Branch details at a glance
| Bank Name | Bank of India |
|---|---|
| Branch | Chapalgaon |
| IFSC Code | BKID0000722 |
| MICR Code | Refer to cheque leaf |
| Branch Address | AT POST CHAPALGAONTALUKA AKKALKOT DIST SOLAPUR |
| City | Chapalgaon Dist Solapur |
| District | Chapalgaon Dist Solapur |
| State | Maharashtra |
| STD Code | 2181 |
| Phone | 2181250064 |
About Bank of India
Bank of India operates a wide network of branches across India, including the Chapalgaon branch in Chapalgaon Dist Solapur. Each branch is enabled for NEFT, RTGS, IMPS and core banking, allowing customers to send and receive money anywhere in the country using a unique IFSC – in this case, BKID0000722.
About the Chapalgaon branch
The Chapalgaon branch of Bank of India is situated at AT POST CHAPALGAONTALUKA AKKALKOT DIST SOLAPUR. Customers visiting this branch can complete cash deposits, withdrawals, demand draft requests, cheque clearing, passbook updates and KYC formalities. For online transactions to or from this branch, the IFSC code BKID0000722 is used.
The role of IFSC in India's payments network
India's electronic payment infrastructure — NEFT, RTGS, IMPS, UPI and the National Automated Clearing House (NACH) — is built on a single principle: every participating bank branch must be uniquely identifiable by an alphanumeric code. The Reserve Bank of India introduced the IFSC system to fulfil this requirement, and that is how Bank of India's CHAPALGAON branch came to be assigned the code BKID0000722.
Whether you are receiving a salary on the first of the month, paying a vendor invoice, settling an EMI, or accepting a refund from an e-commerce platform, the IFSC is the silent piece of metadata that tells the network where your account lives. Without IFSC BKID0000722, money simply cannot be routed to the CHAPALGAON branch electronically.
How to transfer money using IFSC BKID0000722
Online transfers in India are powered by three major channels — NEFT, RTGS and IMPS — and each one requires a destination IFSC. Below is a quick guide for using IFSC BKID0000722 across all three.
NEFT to Bank of India, CHAPALGAON using IFSC BKID0000722
National Electronic Funds Transfer is the simplest way to move money into an account at this branch. NEFT works around the clock, including Sundays and public holidays, and settles in half-hourly batches.
To send funds, add the recipient as a beneficiary in your bank's online portal, key in the account number, paste the IFSC BKID0000722, and confirm that the system picks up Bank of India – CHAPALGAON. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
Real-Time Gross Settlement to CHAPALGAON
If you need to transfer ₹2 lakh or more in one go to an account at Bank of India's CHAPALGAON branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC BKID0000722 while initiating the transfer and the credit will appear within minutes.
Send money instantly through IMPS
For a real-time, anytime transfer to Bank of India – CHAPALGAON, use IMPS. With IFSC BKID0000722 and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC BKID0000722 for Bank of India – CHAPALGAON, but they differ in speed, minimum amount and use case. The table below summarises the differences so you can pick the right channel for the situation at hand.
| Parameter | NEFT | RTGS | IMPS |
|---|---|---|---|
| Minimum amount | ₹1 | ₹2,00,000 | ₹1 |
| Maximum amount | No RBI cap | No RBI cap | ₹5,00,000 |
| Settlement | Half-hourly batches | Real-time | Real-time |
| Availability | 24x7 | 24x7 | 24x7 |
| Best for | Routine transfers | High-value transfers | Urgent small / mid transfers |
| IFSC required | Yes – BKID0000722 | Yes – BKID0000722 | Yes – BKID0000722 |
For most retail customers crediting the Chapalgaon branch, NEFT or IMPS will be the quickest and most economical option. RTGS comes in for one-off, high-value movements such as property purchases, vendor settlements or large gifts.
How UPI relates to the IFSC code
UPI lets you pay using a short Virtual Payment Address instead of typing the IFSC every time, but behind the scenes every UPI mandate is mapped to an account number plus an IFSC. For accounts at Bank of India's CHAPALGAON branch, the IFSC BKID0000722 is what the National Payments Corporation of India (NPCI) uses to route the credit when you tap Pay on a UPI app.
That is why, even in the UPI era, it is still worth knowing the IFSC of your home branch — for failed UPI mandates, e-mandate set-ups, third-party platform onboarding and salary or refund credits.
Account types you can open at the Chapalgaon branch
Once you have an account at Bank of India – CHAPALGAON, the IFSC BKID0000722 stays the same regardless of the type of account you hold. The branch typically supports the following options:
- Savings account — for individuals, with chequebook, ATM card and net-banking access.
- Current account — for sole proprietors, partnerships and companies that need higher transaction volumes.
- Salary account — opened in bulk for corporate employees, often with zero-balance benefits.
- NRE / NRO accounts — for non-resident Indians who want to repatriate or maintain rupee balances in India.
- Fixed deposit and recurring deposit — term-based investment accounts with quarterly or cumulative interest.
- Senior citizen accounts — concessional minimum balance and a small interest rate premium on FDs.
- Minor and student accounts — operated jointly with a guardian until the customer turns 18.
Eligibility, minimum balance and KYC requirements vary by product. Speak to a relationship officer at the branch for the latest schedule of charges and interest rates.
Products and services
Customers walking into the Chapalgaon branch can access most of Bank of India's standard product suite, including:
- Account opening – savings, current, NRI, salary
- Term deposits and recurring deposits
- Retail and small-business loans
- Insurance and mutual-fund tie-ups
- Locker, safe deposit and ATM card services
- Online and mobile banking activation
- Electronic transfers via IFSC BKID0000722
MICR code & cheque clearing
Apart from IFSC, every cheque book issued by Bank of India carries a 9-digit MICR (Magnetic Ink Character Recognition) code that is read by cheque-sorting machines. The MICR code, the IFSC BKID0000722 and the account number together uniquely identify the Chapalgaon branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
Digital banking channels
Most day-to-day work that customers used to do at the Chapalgaon branch counter can now be completed digitally — adding a beneficiary, transferring funds, applying for a fixed deposit, raising a service request or downloading account statements. The IFSC BKID0000722 is the link between the digital channel and the branch ledger; once a transaction is confirmed, the credit or debit is reflected in the same core banking system that the branch officers see.
Things to verify before sending money
Banking errors are usually small typos that snowball into delayed credits and customer-care follow-ups. Use this short checklist before you confirm any transfer to Bank of India – CHAPALGAON:
- The IFSC is exactly BKID0000722 with no extra spaces.
- The beneficiary's account number matches what they shared, digit for digit.
- The portal auto-fills Bank of India as the bank name and CHAPALGAON as the branch.
- The amount and the purpose of payment are correct.
- You have a valid OTP-verifying mobile number on hand.
A 30-second review here saves hours of reconciliation later.
How to reach the Chapalgaon branch
The branch is located at AT POST CHAPALGAONTALUKA AKKALKOT DIST SOLAPUR, which puts it inside Chapalgaon Dist Solapur, the broader Chapalgaon Dist Solapur district, and the state of Maharashtra. To plan your visit:
- Open Google Maps on your phone and search for “Bank of India Chapalgaon branch” — the verified location pin for IFSC BKID0000722 should appear at the top of the results.
- Confirm the branch is open by calling 2181-2181250064 before stepping out, especially around public holidays.
- Carry photo ID and any account-related documents you may need for the transaction you plan to do.
Most banking work — passbook updates, fund transfers, statement downloads — can also be completed online without visiting the branch in person, as long as you know the IFSC BKID0000722 and your account number.
Verifying IFSC BKID0000722 from official sources
The IFSC listed on this page is sourced from the RBI's master list and validated against the bank's branch directory. To double-check before transferring large sums, you can also confirm BKID0000722 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 2181-2181250064.
- Visiting the bank's official branch locator page.
Working hours
Branch counters at Chapalgaon are usually open from 10 AM to 4 PM on weekdays. Saturdays follow the RBI's alternate-Saturday rule. Even when the branch is closed, NEFT, RTGS, IMPS and UPI transfers addressed to BKID0000722 continue to work without interruption.
Branch address & contact
Bank of IndiaChapalgaon Branch
AT POST CHAPALGAONTALUKA AKKALKOT DIST SOLAPUR
Chapalgaon Dist Solapur, Maharashtra
Phone: 2181-2181250064
IFSC: BKID0000722
Frequently asked questions
Can I use IFSC BKID0000722 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC BKID0000722 to send funds instantly.
How do I add Bank of India Chapalgaon as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC BKID0000722, and complete OTP verification. Once activated, you can transfer funds at any time.
Does Bank of India Chapalgaon branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 2181-2181250064 to confirm.
Is IFSC BKID0000722 valid for NEFT and RTGS?
Yes. IFSC BKID0000722 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
What is the IFSC code of Bank of India Chapalgaon branch?
The IFSC code of Bank of India, Chapalgaon branch is BKID0000722. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
What is the phone number of Bank of India Chapalgaon branch?
You can reach the branch at 2181-2181250064 during regular banking hours.
Summary
The IFSC code BKID0000722 belongs to Bank of India's CHAPALGAON branch, located at AT POST CHAPALGAONTALUKA AKKALKOT DIST SOLAPUR in CHAPALGAON DIST SOLAPUR, MAHARASHTRA. Use this code along with the beneficiary's account number for any NEFT, RTGS or IMPS transfer to this branch. Bookmark this page for quick reference whenever you need the branch's banking details.
