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 Bara Amda branch in Bara Amda (Dist Seraikela-Kharsawan), Bara Amda Dist Seraikela Kharsawan, Jharkhand, 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 Bara Amda (Dist Seraikela-Kharsawan) or anywhere in Jharkhand can easily transfer funds instantly by using the correct IFSC Code BKID0004527. 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, Bara Amda, Bara Amda (Dist Seraikela-Kharsawan)
Here are the key points that are associated with the IFSC Code BKID0004527 of Bank Of India for its branch located in Bara Amda (Dist Seraikela-Kharsawan), within the district of Bara Amda Dist Seraikela Kharsawan in the state of Jharkhand.
| Particulars | Details |
|---|---|
| Bank | Bank Of India |
| IFSC Code | BKID0004527 |
| Branch | Bara Amda |
| City | Bara Amda (Dist Seraikela-Kharsawan) |
| District | Bara Amda Dist Seraikela Kharsawan |
| State | Jharkhand |
| Address | Post Amda Near Rajkharsawan Rly Stndist Seraikela Kharsawan |
These details are crucial, not just for online banking users but also for businesses and individuals who use Bank Of India in Bara Amda (Dist Seraikela-Kharsawan) for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0004527 for the Bara Amda branch of Bank Of India has an 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 Bara Amda, Bara Amda (Dist Seraikela-Kharsawan), Jharkhand, is provided a unique IFSC like BKID0004527 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Bank Of India branch in Bara Amda (Dist Seraikela-Kharsawan).
- 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 Bara Amda (Dist Seraikela-Kharsawan) and Bara Amda Dist Seraikela Kharsawan.
- 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 Jharkhand and the rest of India, the IFSC Code ensures that transactions meant for Bank Of India in Bara Amda do not get misguided to another person.
Format of the IFSC Code BKID0004527
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 Bara Amda in Bara Amda (Dist Seraikela-Kharsawan).
For example, the IFSC Code BKID0004527 of Bank Of India for the Bara Amda branch includes these elements, identifying the bank and the branch location in Bara Amda (Dist Seraikela-Kharsawan) and Jharkhand accurately.
How to Find IFSC Code for Bank Of India?
If you are trying to find the IFSC Code BKID0004527 of Bank Of India for its Bara Amda branch located in Bara Amda (Dist Seraikela-Kharsawan), 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 Bara Amda (Dist Seraikela-Kharsawan) and Bara Amda Dist Seraikela Kharsawan, 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 Bara Amda or Bara Amda (Dist Seraikela-Kharsawan) to get the exact IFSC Code BKID0004527.
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 Bara Amda (Dist Seraikela-Kharsawan), you'll get the correct details.
How to Use IFSC Code BKID0004527 for Online Transfers?
Once you have the IFSC Code BKID0004527 for the Bara Amda branch of Bank Of India in Bara Amda (Dist Seraikela-Kharsawan), you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code BKID0004527. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and Bank Of India IFSC Code BKID0004527.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Bank Of India Bara Amda in Bara Amda (Dist Seraikela-Kharsawan), it can result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Bank Of India in Bara Amda, here are some of the ways 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.
Knowing both IFSC and MICR code can help account holders in Bara Amda (Dist Seraikela-Kharsawan) manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code of the Bara Amda Bara Amda (Dist Seraikela-Kharsawan) branch is BKID0004527.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Post Amda Near Rajkharsawan Rly Stndist Seraikela Kharsawan.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.