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It is very important to find correct branch before initiating any bank process. Though all banks will have a mechanism to verify the Lonar Branch, Account Type, IFSC Code, MICR Code, and Account Name, etc. and any mismatch will result in failed transaction!
The best and simplest place to verify Lonar branch is the cheque book. All banks will print the Lonar on the cheque books. Also, your account pass book should have the Lonar branch printed.
The address of Lonar branch is Jay gajanan complex, iratkar nagar loni road lonar, ta- lonar dist-buldhana -443302, which is located in Lonar District of Maharashtra State. IFSC code used in online fund transfer and MICR code used in clearing of cheques for Bank Of India Lonar is also provided.
Lonar has number of branches spread across India. Branch banking has undergone significant changes in response to the competition in financial services market and the ever increasing consumer demands. This leads to a single consumer bearing more than one account in different banks and due to internet banking, as in case of Bank Of India Lonar branch, fund transfer between these banks is also possible.
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