IFSC Code of Bank Of India, Jaleswar, Jaleswar, Odisha — BKID0005492

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 Jaleswar branch in Baleshwar, Jaleswar, Odisha, 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 Baleshwar or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code BKID0005492. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Bank Of India, Jaleswar, Baleshwar

Here are some of the key details that come with the IFSC Code BKID0005492 of Bank Of India for its branch located in Baleshwar, within the district of Jaleswar in the state of Odisha.

These details are important not only for users using online banking but also for businesses and individuals who use Bank Of India in Baleshwar for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code BKID0005492 for the Jaleswar 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 provided by the Reserve Bank of India. Every bank branch, along with Bank Of India located in Jaleswar, Baleshwar, Odisha, are allotted a unique IFSC like BKID0005492 to ensure that online payments reach the right destination.

The IFSC Code is important because:

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

It makes sure that money sent to Bank Of India in Jaleswar reaches the right place, even though there are thousands of branches in Odisha and across India.

Format of the IFSC Code BKID0005492

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 Jaleswar in Baleshwar.

For example, the IFSC Code BKID0005492 of Bank Of India for the Jaleswar branch has these elements, identifying the bank and the branch location in Baleshwar and Odisha correctly.

How to Find IFSC Code for Bank Of India?

If you are trying to find the IFSC Code BKID0005492 of Bank Of India for its Jaleswar branch located in Baleshwar, the following methods can help:

Cheque Book

The cheque books that are issued by Bank Of India include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

Most banks, including Bank Of India branches in Baleshwar and Jaleswar, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Bank Of India and find the branch locator section. Search for Jaleswar or Baleshwar to get the exact IFSC Code BKID0005492.

Mobile Banking App

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

RBI Website

The Reserve Bank of India maintains an updated database of all IFSC codes to help you in searching for Bank Of India and Baleshwar that will provide accurate information.

How to Use IFSC Code BKID0005492 for Online Transfers?

Once you have the IFSC Code BKID0005492 for the Jaleswar branch of Bank Of India in Baleshwar, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code BKID0005492. The transfer is completed in batches. It is useful for both personal and business payments.

RTGS

Used for payments over ₹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 BKID0005492.

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 Jaleswar in Baleshwar, 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 Jaleswar, 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 Baleshwar to handle online money transfers and get their cheques cleared smoothly.