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 Bora branch in Bora (Dist. Hooghly), Bora Dist Hooghly, West Bengal, 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 Bora (Dist. Hooghly) or anywhere in West Bengal can transfer funds instantly by using the correct IFSC Code BKID0004258. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Bank Of India, Bora, Bora (Dist. Hooghly)
Here are the key points that are associated with the IFSC Code BKID0004258 of Bank Of India for its branch located in Bora (Dist. Hooghly), within the district of Bora Dist Hooghly in the state of West Bengal.
| Particulars | Details |
|---|---|
| Bank | Bank Of India |
| IFSC Code | BKID0004258 |
| Branch | Bora |
| City | Bora (Dist. Hooghly) |
| District | Bora Dist Hooghly |
| State | West Bengal |
| Address | Village Post Boradist Hooghly |
These details are important not only for users using online banking but also for businesses and individuals who use Bank Of India in Bora (Dist. Hooghly) for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code BKID0004258 for the Bora 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, including Bank Of India located in Bora, Bora (Dist. Hooghly), West Bengal, is provided with a unique IFSC like BKID0004258 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Bank Of India branch in Bora (Dist. Hooghly).
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any errors or confusions between multiple branches of the same bank across different places like Bora (Dist. Hooghly) and Bora Dist Hooghly.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across West Bengal and the rest of India and the IFSC Code ensures that transactions meant for Bank Of India in Bora do not get mixed with another location.
Format of the IFSC Code BKID0004258
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 Bora in Bora (Dist. Hooghly).
For example, the IFSC Code BKID0004258 of Bank Of India for the Bora branch includes these elements, identifying the bank and the branch location in Bora (Dist. Hooghly) and West Bengal accurately.
How to Find IFSC Code for Bank Of India?
To find the IFSC Code BKID0004258 of Bank Of India for its Bora branch located in Bora (Dist. Hooghly), the following methods can help you out:
Cheque Book
The cheque book issued by Bank Of India includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Bank Of India branches in Bora (Dist. Hooghly) and Bora Dist Hooghly, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Bank Of India and go to the branch locator section. Then search for Bora or Bora (Dist. Hooghly) to find the exact IFSC Code BKID0004258.
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 maintains an updated database of all IFSC codes. Searching for Bank Of India and Bora (Dist. Hooghly) will provide accurate information.
How to Use IFSC Code BKID0004258 for Online Transfers?
Once you have the IFSC Code BKID0004258 for the Bora branch of Bank Of India in Bora (Dist. Hooghly), you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code BKID0004258. 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 BKID0004258.
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 Bora in Bora (Dist. Hooghly), 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 Bora, 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 Bora (Dist. Hooghly) to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is BKID0004258.
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 Village Post Boradist Hooghly located in Bora (Dist. Hooghly), Bora Dist Hooghly, West Bengal.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.