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IFSC Code of Bank Of India, Sadhanganj Soraon, Allahabad, Uttar Pradesh — BKID0007008

Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Bank Of India for its Sadhanganj Soraon branch in Allahabad, Allahabad, Uttar Pradesh, then this guide will give you detailed information.

The banking system has evolved significantly in India, and today the customers of Bank Of India located in Allahabad or anywhere in Uttar Pradesh can transfer funds instantly by using the correct IFSC Code BKID0007008. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.

Details of IFSC Code for Bank Of India, Sadhanganj Soraon, Allahabad

Here are the key points that are associated with the IFSC Code BKID0007008 of Bank Of India for its branch located in Allahabad, within the district of Allahabad in the state of Uttar Pradesh.

Particulars Details
Bank Bank Of India
IFSC Code BKID0007008
Branch Sadhanganj Soraon
City Allahabad
District Allahabad
State Uttar Pradesh
Address Sadhanganj Pholpur Road Post Soraon Near Saraon Tehsil

These details help users in online banking and for businesses and individuals who use Bank Of India in Allahabad for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0007008 for the Sadhanganj Soraon branch of Bank Of India has a very important role.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with Bank Of India located in Sadhanganj Soraon, Allahabad, Uttar Pradesh, are given a unique IFSC like BKID0007008 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Allahabad.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents any kind of confusion between different branches of the same bank in places like Allahabad and Allahabad.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It helps ensure that any money sent to Bank Of India in Sadhanganj Soraon goes to the correct branch. This is important because Bank Of India has thousands of branches in Uttar Pradesh and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code BKID0007008

The format of the IFSC Code for banks, including Bank Of India, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown:

  • First 4 characters (AAAA): Show the bank code. For Bank Of India, these letters represent the bank's short name.
  • 5th character: Is always zero and is kept for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Sadhanganj Soraon in Allahabad.

For example, the IFSC Code BKID0007008 of Bank Of India for the Sadhanganj Soraon branch includes these elements, identifying the bank and the branch location in Allahabad and Uttar Pradesh accurately.

How to Find IFSC Code for Bank Of India?

If you are trying to find the IFSC Code BKID0007008 of Bank Of India for its Sadhanganj Soraon branch located in Allahabad, the following methods can help:

Cheque Book

The cheque book issued by Bank Of India includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.

Passbook

You can easily find the IFSC and MICR codes because most banks, including Bank Of India branches in Allahabad and Allahabad, print them on the first page of your passbook.

Bank Website

Visit the official website of Bank Of India and navigate to the branch locator section. Search for Sadhanganj Soraon or Allahabad to get the exact IFSC Code BKID0007008.

Mobile Banking App

If you use Bank Of India's mobile app, you can check your account details to find your branch's IFSC code.

RBI Website

The Reserve Bank of India keeps an updated list of all IFSC codes. If you search for Bank Of India and Allahabad, you'll get the correct details.

How to Use IFSC Code BKID0007008 for Online Transfers?

Once you have the IFSC Code BKID0007008 for the Sadhanganj Soraon branch of Bank Of India in Allahabad, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code BKID0007008. The transfer is completed in batches instead of instantly. It is useful for both personal and business payments.

RTGS

Used for high-value payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. Requires the recipient's account details and Bank Of India IFSC Code BKID0007008.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Bank Of India Sadhanganj Soraon in Allahabad, your payment can get delayed or might not go through at all.

Finding the MICR Code

MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of Bank Of India in Sadhanganj Soraon, here are some ways to obtain it:

  • Check the bottom of your cheque leaf.
  • Refer to the first page of your passbook.
  • Visit the official Bank Of India website.
  • Search the RBI portal.

Having both the IFSC and MICR codes makes it easy for account holders in Allahabad to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of India in Sadhanganj Soraon, Allahabad?

The IFSC Code is BKID0007008.

Is the IFSC Code BKID0007008 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and IFSC is for online transfers.

Where can I find the IFSC Code of Bank Of India Sadhanganj Soraon?

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Sadhanganj Soraon branch?

The address of the branch is Sadhanganj Pholpur Road Post Soraon Near Saraon Tehsil located in Allahabad, Allahabad, Uttar Pradesh.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.

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