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IFSC Code of Bank Of India, Sector Thirtyfive C And P Banking, Chandigarh, Chandigarh — BKID0006203

The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Bank Of India for its Sector Thirtyfive C And P Banking branch in Chandigarh, Chandigarh, Chandigarh, this complete guide will provide you with detailed information.

The banking system in India has changed over the years, and today customers of Bank Of India located in Chandigarh or anywhere in Chandigarh can transfer funds instantly by using the correct IFSC Code BKID0006203. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Bank Of India, Sector Thirtyfive C And P Banking, Chandigarh

Here are the main details that are associated with the IFSC Code BKID0006203 of Bank Of India for its branch located in Chandigarh, within the district of Chandigarh in the state of Chandigarh.

Particulars Details
Bank Bank Of India
IFSC Code BKID0006203
Branch Sector Thirtyfive C And P Banking
City Chandigarh
District Chandigarh
State Chandigarh
Address Sco415 416 Sector 35Cchandigarh 160 022

These details are crucial, not just for online banking users but also for businesses and individuals who use Bank Of India in Chandigarh for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0006203 for the Sector Thirtyfive C And P Banking 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, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with Bank Of India located in Sector Thirtyfive C And P Banking, Chandigarh, Chandigarh, are allotted a unique IFSC like BKID0006203 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Chandigarh.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Chandigarh and Chandigarh.
  • 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 Sector Thirtyfive C And P Banking reaches the right place, even though there are thousands of branches in Chandigarh and across India.

Format of the IFSC Code BKID0006203

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 Sector Thirtyfive C And P Banking in Chandigarh.

For example, the IFSC Code BKID0006203 of Bank Of India for the Sector Thirtyfive C And P Banking branch includes these elements, identifying the bank and the branch location in Chandigarh and Chandigarh correctly.

How to Find IFSC Code for Bank Of India?

If you are trying to find the IFSC Code BKID0006203 of Bank Of India for its Sector Thirtyfive C And P Banking branch located in Chandigarh, 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 Chandigarh and Chandigarh, 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 Sector Thirtyfive C And P Banking or Chandigarh to get the exact IFSC Code BKID0006203.

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 Chandigarh that will provide accurate information.

How to Use IFSC Code BKID0006203 for Online Transfers?

Once you have the IFSC Code BKID0006203 for the Sector Thirtyfive C And P Banking branch of Bank Of India in Chandigarh, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code BKID0006203. The transfer is completed in batches instead of instantly. It is useful for both 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 BKID0006203.

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 Sector Thirtyfive C And P Banking in Chandigarh, your payment can get delayed or might not go through at all.

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Bank Of India in Sector Thirtyfive C And P Banking, you can find it by any of the following ways:

  • Check the bottom of your cheque leaf.
  • Go to the first page of your passbook.
  • Visit the official Bank Of India website.
  • Search the RBI portal.

Having both IFSC and MICR codes helps account holders in Chandigarh manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of India in Sector Thirtyfive C And P Banking, Chandigarh?

The IFSC Code is BKID0006203.

Is the IFSC Code BKID0006203 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and the IFSC is for online transfers.

Where can I find the IFSC Code of Bank Of India Sector Thirtyfive C And P Banking?

You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Sector Thirtyfive C And P Banking branch?

The address of the branch is Sco415 416 Sector 35Cchandigarh 160 022 located in Chandigarh, Chandigarh, Chandigarh.

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.

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