For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Bank Of India for its Jaitapur branch in Bahraich, Bahraich, Uttar Pradesh, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today customers of Bank Of India located in Bahraich or anywhere in Uttar Pradesh can transfer funds instantly by using the correct IFSC Code BKID0AG1710. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Bank Of India, Jaitapur, Bahraich
Below in the table are the key details related to IFSC Code BKID0AG1710 of Bank Of India for its branch located in Bahraich, within the district of Bahraich in the state of Uttar Pradesh.
| Particulars | Details |
|---|---|
| Bank | Bank Of India |
| IFSC Code | BKID0AG1710 |
| Branch | Jaitapur |
| City | Bahraich |
| District | Bahraich |
| State | Uttar Pradesh |
| Address | Vill. Jaitapur Blockfakarpur Pojaitapur Tahsilbahraich , Pin271902 |
These details are important not only for users using online banking but also for businesses and individuals who use Bank Of India in Bahraich for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code BKID0AG1710 for the Jaitapur branch of Bank Of India is vital.
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 Jaitapur, Bahraich, Uttar Pradesh, is provided a unique IFSC like BKID0AG1710 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Bank Of India branch in Bahraich.
- 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 Bahraich and Bahraich.
- 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 Uttar Pradesh and the rest of India, the IFSC Code ensures that transactions meant for Bank Of India in Jaitapur do not get misguided to another person.
Format of the IFSC Code BKID0AG1710
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 Jaitapur in Bahraich.
For example, the IFSC Code BKID0AG1710 of Bank Of India for the Jaitapur branch has these elements, identifying the bank and the branch location in Bahraich and Uttar Pradesh correctly.
How to Find IFSC Code for Bank Of India?
If you are looking for the IFSC Code BKID0AG1710 of Bank Of India for its Jaitapur branch located in Bahraich, 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 Bahraich and Bahraich, 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 Jaitapur or Bahraich to get the exact IFSC Code BKID0AG1710.
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 Bahraich, then it will provide you proper information.
How to Use IFSC Code BKID0AG1710 for Online Transfers?
Once you have the IFSC Code BKID0AG1710 for the Jaitapur branch of Bank Of India in Bahraich, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code BKID0AG1710. 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 BKID0AG1710.
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 Jaitapur in Bahraich 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 Jaitapur, here are some ways that you can get 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.
If you know both IFSC and MICR codes, then it can help account holders in Bahraich manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is BKID0AG1710.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Vill. Jaitapur Blockfakarpur Pojaitapur Tahsilbahraich , Pin271902 located in Bahraich, Bahraich, Uttar Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.