IFSC Code of Bank Of India, Arb Chandigarh, Chandigarh, Chhattisgarh- BKID0006212

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 Arb Chandigarh branch in Chandigarh, Chandigarh, Chhattisgarh, 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 Chandigarh or anywhere in Chhattisgarh can easily transfer funds instantly by using the correct IFSC Code BKID0006212. 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, Arb Chandigarh, Chandigarh

Below in the table are the key details related to IFSC Code BKID0006212 of Bank Of India for its branch located in Chandigarh, within the district of Chandigarh in the state of Chhattisgarh.

These details are important not only for users using online banking but also for businesses and individuals who use Bank Of India in Chandigarh for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code BKID0006212 for the Arb Chandigarh 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 Arb Chandigarh, Chandigarh, Chhattisgarh, is provided with a unique IFSC like BKID0006212 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It uniquely identifies the Bank Of India branch in Chandigarh.
• 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 Chandigarh and Chandigarh.
• 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 Chhattisgarh and the rest of India and the IFSC Code ensures that transactions meant for Bank Of India in Arb Chandigarh do not get mixed with another location.

Format of the IFSC Code BKID0006212

The format of the IFSC Code for banks, including Bank Of India, has an 11-character structure:

AAAA0CCCCCC

Here's the breakdown:

• First 4 characters (AAAA): Show the bank code. For Bank Of India, these letters represent the bank's short name.
• 5th character: Is always zero and is kept for future use.
• Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Arb Chandigarh in Chandigarh.

For example, the IFSC Code BKID0006212 of Bank Of India for the Arb Chandigarh branch includes these elements, identifying the bank and the branch location in Chandigarh and Chhattisgarh correctly.

How to Find IFSC Code for Bank Of India?

If you are trying to find the IFSC Code BKID0006212 of Bank Of India for its Arb Chandigarh branch located in Chandigarh, 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 Chandigarh and Chandigarh, 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 Arb Chandigarh or Chandigarh to get the exact IFSC Code BKID0006212.

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 Chandigarh, you'll get the correct details.

How to Use IFSC Code BKID0006212 for Online Transfers?

Once you have the IFSC Code BKID0006212 for the Arb Chandigarh branch of Bank Of India in Chandigarh, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0006212. 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 BKID0006212.

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 Arb Chandigarh in Chandigarh, it can 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 Arb Chandigarh, 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 Chandigarh to handle online money transfers and get their cheques cleared smoothly.