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 Bhurkunda branch in Bhurkunda (Dist.Hazaribagh), Bhurkunda Disthazaribagh, 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 Bhurkunda (Dist.Hazaribagh) or anywhere in Jharkhand can easily transfer funds instantly by using the correct IFSC Code BKID0004804. 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, Bhurkunda, Bhurkunda (Dist.Hazaribagh)

Below in the table are the key details related to IFSC Code BKID0004804 of Bank Of India for its branch located in Bhurkunda (Dist.Hazaribagh), within the district of Bhurkunda Disthazaribagh in the state of Jharkhand.

Particulars Details
Bank Bank Of India
IFSC Code BKID0004804
Branch Bhurkunda
City Bhurkunda (Dist.Hazaribagh)
District Bhurkunda Disthazaribagh
State Jharkhand
Address Saunda Patel Nagarbhurkunda Dist Hazaribagh

These details helps users in online banking and for businesses and individuals who use Bank Of India in Bhurkunda (Dist.Hazaribagh) for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0004804 for the Bhurkunda branch of Bank Of India plays a vital 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 Bhurkunda, Bhurkunda (Dist.Hazaribagh), Jharkhand, is provided a unique IFSC like BKID0004804 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Bank Of India branch in Bhurkunda (Dist.Hazaribagh).
  • 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 Bhurkunda (Dist.Hazaribagh) and Bhurkunda Disthazaribagh.
  • 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 Bhurkunda do not get misguided to another person.

Format of the IFSC Code BKID0004804

This is the format of the IFSC Code for banks, including Bank Of India, follows an 11-character structure:

AAAA0CCCCCC

Here's the explanation:

  • First 4 characters (AAAA): This is the bank code. For Bank Of India, these characters are the bank's short identifier.
  • 5th character (0): This stays zero till there is any future use.
  • Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Bhurkunda in Bhurkunda (Dist.Hazaribagh).

For example, the IFSC Code BKID0004804 of Bank Of India for the Bhurkunda branch includes these elements, identifying the bank and the branch location in Bhurkunda (Dist.Hazaribagh) and Jharkhand accurately.

How to Find IFSC Code for Bank Of India?

If you are trying to find the IFSC Code BKID0004804 of Bank Of India for its Bhurkunda branch located in Bhurkunda (Dist.Hazaribagh), 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 Bhurkunda (Dist.Hazaribagh) and Bhurkunda Disthazaribagh, 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 Bhurkunda or Bhurkunda (Dist.Hazaribagh) to get the exact IFSC Code BKID0004804.

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 Bhurkunda (Dist.Hazaribagh) that will provide accurate information.

How to Use IFSC Code BKID0004804 for Online Transfers?

Once you have the IFSC Code BKID0004804 for the Bhurkunda branch of Bank Of India in Bhurkunda (Dist.Hazaribagh), you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0004804. 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 BKID0004804.

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 Bhurkunda in Bhurkunda (Dist.Hazaribagh) 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 Bhurkunda, 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 Bhurkunda (Dist.Hazaribagh) to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

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

The IFSC Code is BKID0004804.

Is the IFSC Code BKID0004804 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 Bhurkunda?

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 Bhurkunda branch?

The address of the branch is Saunda Patel Nagarbhurkunda Dist Hazaribagh located in Bhurkunda (Dist.Hazaribagh), Bhurkunda Disthazaribagh, Jharkhand.

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.