There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Bank Of India for its Baharasole branch in Baharasole (Dist. Midnapore), Baharasole Dist Midnapore, West Bengal, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of Bank Of India situated in Baharasole (Dist. Midnapore) or anywhere in West Bengal can easily transfer funds instantly by using the correct IFSC Code BKID0004371. You should 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, Baharasole, Baharasole (Dist. Midnapore)

Below in the table are the key details related to IFSC Code BKID0004371 of Bank Of India for its branch located in Baharasole (Dist. Midnapore), within the district of Baharasole Dist Midnapore in the state of West Bengal.

Particulars Details
Bank Bank Of India
IFSC Code BKID0004371
Branch Baharasole
City Baharasole (Dist. Midnapore)
District Baharasole Dist Midnapore
State West Bengal
Address Village Baharasole Post Ghatmuravia Chandrakona Town Dist Midnapore

These details help users in online banking and for businesses and individuals who use Bank Of India in Baharasole (Dist. Midnapore) for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0004371 for the Baharasole 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Bank Of India located in Baharasole, Baharasole (Dist. Midnapore), West Bengal, is provided a unique IFSC like BKID0004371 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Bank Of India branch in Baharasole (Dist. Midnapore).
  • Helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any confusions between multiple branches of the same bank across different places like Baharasole (Dist. Midnapore) and Baharasole Dist Midnapore.
  • It reduces most of the errors in fund transfers and makes sure its accuracy.
  • It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across West Bengal and the rest of India, the IFSC Code ensures that transactions meant for Bank Of India in Baharasole do not get misguided to another person.

Format of the IFSC Code BKID0004371

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): These represent the bank code. In Bank Of India, they are a short identifier for the bank.
  • 5th character (0): This is always zero and is reserved for future use.
  • Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Baharasole in Baharasole (Dist. Midnapore).

For example, the IFSC Code BKID0004371 of Bank Of India for the Baharasole branch has these elements, identifying the bank and the branch location in Baharasole (Dist. Midnapore) and West Bengal correctly.

How to Find IFSC Code for Bank Of India?

If you are trying to find the IFSC Code BKID0004371 of Bank Of India for its Baharasole branch located in Baharasole (Dist. Midnapore), 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

Most banks, including Bank Of India branches in Baharasole (Dist. Midnapore) and Baharasole Dist Midnapore, print the IFSC and MICR codes 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 Baharasole or Baharasole (Dist. Midnapore) to get the exact IFSC Code BKID0004371.

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 Baharasole (Dist. Midnapore), you'll get the correct details.

How to Use IFSC Code BKID0004371 for Online Transfers?

Once you have the IFSC Code BKID0004371 for the Baharasole branch of Bank Of India in Baharasole (Dist. Midnapore), you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0004371. Transfers are processed in batches. This is 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. Requires the recipient's account details and Bank Of India IFSC Code BKID0004371.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Bank Of India Baharasole in Baharasole (Dist. Midnapore) may result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Bank Of India in Baharasole, you can find it by any of the following ways:

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

Having both IFSC and MICR codes helps account holders in Baharasole (Dist. Midnapore) manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of India in Baharasole, Baharasole (Dist. Midnapore)?

The IFSC Code is BKID0004371.

Is the IFSC Code BKID0004371 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

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

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Baharasole branch?

The address of the branch is Village Baharasole Post Ghatmuravia Chandrakona Town Dist Midnapore located in Baharasole (Dist. Midnapore), Baharasole Dist Midnapore, West Bengal.

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.