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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 Strategic Business Branch 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 Strategic Business Branch branch is the cheque book. All banks will print the Strategic Business Branch on the cheque books. Also, your account pass book should have the Strategic Business Branch branch printed.
The address of Strategic Business Branch branch is Regent chambers,nariman point, which is located in Mumbai District of Maharashtra State. IFSC code used in online fund transfer and MICR code used in clearing of cheques for Bank Of India Strategic Business Branch is also provided.
Strategic Business Branch 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 Strategic Business Branch branch, fund transfer between these banks is also possible.
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