IFSC Code of Bank Of India, Chilida, Chilida Or, Odisha — BKID0005428

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 Chilida branch in Chilida (Or), Chilida Or, Odisha, 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 Chilida (Or) or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code BKID0005428. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Bank Of India, Chilida, Chilida (Or)

Here are the main details that are associated with the IFSC Code BKID0005428 of Bank Of India for its branch located in Chilida (Or), within the district of Chilida Or in the state of Odisha.

These details are essential not only for online banking users but also for businesses and individuals who use Bank Of India in Chilida (Or) for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0005428 for the Chilida branch of Bank Of India plays 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, including Bank Of India located in Chilida, Chilida (Or), Odisha, is provided with a unique IFSC like BKID0005428 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It uniquely identifies the Bank Of India branch in Chilida (Or).
• 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 Chilida (Or) and Chilida Or.
• 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 Odisha and the rest of India and the IFSC Code ensures that transactions meant for Bank Of India in Chilida do not get mixed with another location.

Format of the IFSC Code BKID0005428

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 Chilida in Chilida (Or).

For example, the IFSC Code BKID0005428 of Bank Of India for the Chilida branch includes these elements, identifying the bank and the branch location in Chilida (Or) and Odisha correctly.

How to Find IFSC Code for Bank Of India?

If you are trying to find the IFSC Code BKID0005428 of Bank Of India for its Chilida branch located in Chilida (Or), 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

You can easily find the IFSC and MICR codes because most banks, including Bank Of India branches in Chilida (Or) and Chilida Or, print them 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 Chilida or Chilida (Or) to get the exact IFSC Code BKID0005428.

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 Chilida (Or), you'll get the correct details.

How to Use IFSC Code BKID0005428 for Online Transfers?

Once you have the IFSC Code BKID0005428 for the Chilida branch of Bank Of India in Chilida (Or), you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code BKID0005428. 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 BKID0005428.

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 Chilida in Chilida (Or), 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 Chilida, 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 Chilida (Or) to handle online money transfers and get their cheques cleared smoothly.