The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Bank Of India for its Arangaldurgam branch in Arangaldurgam (Dist.Vellore), Arangaldurgam Distvellore, Tamil Nadu, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of Bank Of India located in Arangaldurgam (Dist.Vellore) or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code BKID0008363. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Bank Of India, Arangaldurgam, Arangaldurgam (Dist.Vellore)
Here are the key points that are associated with the IFSC Code BKID0008363 of Bank Of India for its branch located in Arangaldurgam (Dist.Vellore), within the district of Arangaldurgam Distvellore in the state of Tamil Nadu.
| Particulars | Details |
|---|---|
| Bank | Bank Of India |
| IFSC Code | BKID0008363 |
| Branch | Arangaldurgam |
| City | Arangaldurgam (Dist.Vellore) |
| District | Arangaldurgam Distvellore |
| State | Tamil Nadu |
| Address | Vill Post Arangaldurgamvia Thuthipet Dist Vellore |
These details are important not only for users using online banking but also for businesses and individuals who use Bank Of India in Arangaldurgam (Dist.Vellore) for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code BKID0008363 for the Arangaldurgam branch of Bank Of India is vital.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like BKID0008363 is given to every bank branch, including Bank Of India located in Arangaldurgam, Arangaldurgam (Dist.Vellore), Tamil Nadu, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Bank Of India branch in Arangaldurgam (Dist.Vellore).
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any kind of confusion between multiple branches of the same bank across different places like Arangaldurgam (Dist.Vellore) and Arangaldurgam Distvellore.
- It removes errors in fund transfers and improves accuracy.
- It lets the sender banks validate and confirm branch details before they process the payments.
There are thousands of branches across Tamil Nadu and the rest of India, which is why the IFSC Code ensures that transactions meant for Bank Of India in Arangaldurgam doesn't end up at another location.
Format of the IFSC Code BKID0008363
The format of the IFSC Code for banks, including Bank Of India, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown of this:
- First 4 characters (AAAA): Represent the bank code. For Bank Of India, these characters are the bank's short identifier.
- 5th character (0): Always zero which is reserved for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Arangaldurgam in Arangaldurgam (Dist.Vellore).
For example, the IFSC Code BKID0008363 of Bank Of India for the Arangaldurgam branch includes these elements, identifying the bank and the branch location in Arangaldurgam (Dist.Vellore) and Tamil Nadu accurately.
How to Find IFSC Code for Bank Of India?
If you are looking for the IFSC Code BKID0008363 of Bank Of India for its Arangaldurgam branch located in Arangaldurgam (Dist.Vellore), the following methods can help:
Cheque Book
The cheque book that is issued by Bank Of India includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including Bank Of India branches in Arangaldurgam (Dist.Vellore) and Arangaldurgam Distvellore, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of Bank Of India and look for the branch locator section, then search for Arangaldurgam or Arangaldurgam (Dist.Vellore) to get the exact IFSC Code BKID0008363.
Mobile Banking App
If you use Bank Of India's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Bank Of India and Arangaldurgam (Dist.Vellore), then it will provide you proper information.
How to Use IFSC Code BKID0008363 for Online Transfers?
If you have the IFSC Code BKID0008363 for the Arangaldurgam branch of Bank Of India in Arangaldurgam (Dist.Vellore), you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code BKID0008363. Transfers are processed in batches. Suitable for 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. Asks for the recipient's account details and Bank Of India IFSC Code BKID0008363.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Bank Of India Arangaldurgam in Arangaldurgam (Dist.Vellore), it may result in delayed or failed transactions.
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 Arangaldurgam, 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 Arangaldurgam (Dist.Vellore) to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is BKID0008363.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Vill Post Arangaldurgamvia Thuthipet Dist Vellore located in Arangaldurgam (Dist.Vellore), Arangaldurgam Distvellore, Tamil Nadu.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.