IFSC Code of Bank Of India, Rseti Chatra Hazaribagh, Chatra, Jharkhand- BKID000RS44

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 Rseti Chatra Hazaribagh branch in Chatra, Chatra, Jharkhand, 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 Chatra or anywhere in Jharkhand can transfer funds instantly by using the correct IFSC Code BKID000RS44. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Bank Of India, Rseti Chatra Hazaribagh, Chatra

Here are the main details that are associated with the IFSC Code BKID000RS44 of Bank Of India for its branch located in Chatra, within the district of Chatra in the state of Jharkhand.

These details are crucial, not just for online banking users but also for businesses and individuals who use Bank Of India in Chatra for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID000RS44 for the Rseti Chatra Hazaribagh 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 Rseti Chatra Hazaribagh, Chatra, Jharkhand, are given a unique IFSC like BKID000RS44 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It clearly tells which bank branch it is in Chatra.
• It helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It prevents any kind of confusion between different branches of the same bank in places like Chatra and Chatra.
• It reduces errors in fund transfers and improves accuracy.
• It helps the sender banks to validate and confirm branch details before processing payments.

It helps ensure that any money sent to Bank Of India in Rseti Chatra Hazaribagh goes to the correct branch. This is important because Bank Of India has thousands of branches in Jharkhand and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code BKID000RS44

The format of the IFSC Code for banks, including Bank Of India, follows 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 Rseti Chatra Hazaribagh in Chatra.

For example, the IFSC Code BKID000RS44 of Bank Of India for the Rseti Chatra Hazaribagh branch includes these elements, identifying the bank and the branch location in Chatra and Jharkhand accurately.

How to Find IFSC Code for Bank Of India?

To find the IFSC Code BKID000RS44 of Bank Of India for its Rseti Chatra Hazaribagh branch located in Chatra, 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 Chatra and Chatra, 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 Rseti Chatra Hazaribagh or Chatra to find the exact IFSC Code BKID000RS44.

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 Chatra will provide accurate information.

How to Use IFSC Code BKID000RS44 for Online Transfers?

Once you have the IFSC Code BKID000RS44 for the Rseti Chatra Hazaribagh branch of Bank Of India in Chatra, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID000RS44. 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 BKID000RS44.

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 Rseti Chatra Hazaribagh in Chatra may 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 Rseti Chatra Hazaribagh, 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 Chatra manage their online transfers and cheque clearances easily.