Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Bank Of India for its Chinnakattalai branch in Chinnakattalai (Dist.Madurai), Chinnakattalai Distmadurai, or Tamil Nadu, this guide will help you with all the details.

There have been major changes in the banking sector in India and today, the customers of Bank Of India located in Chinnakattalai (Dist.Madurai) or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code BKID0008259. You should definitely 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, Chinnakattalai, Chinnakattalai (Dist.Madurai)

Here are the main details that are associated with the IFSC Code BKID0008259 of Bank Of India for its branch located in Chinnakattalai (Dist.Madurai), within the district of Chinnakattalai Distmadurai in the state of Tamil Nadu.

Particulars Details
Bank Bank Of India
IFSC Code BKID0008259
Branch Chinnakattalai
City Chinnakattalai (Dist.Madurai)
District Chinnakattalai Distmadurai
State Tamil Nadu
Address Door No 109 Ward No 2Chinnakkattalai Dist Madurai

These details are important not only for users using online banking but also for businesses and individuals who use Bank Of India in Chinnakattalai (Dist.Madurai) for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code BKID0008259 for the Chinnakattalai 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 that is provided by the Reserve Bank of India. A unique IFSC like BKID0008259 is given to every bank branch, including Bank Of India located in Chinnakattalai, Chinnakattalai (Dist.Madurai), Tamil Nadu, to make sure that online payments reach the right place.

The IFSC Code is important because:

  • It uniquely identifies the Bank Of India branch in Chinnakattalai (Dist.Madurai).
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any kind of confusion between multiple branches of the same bank across different places like Chinnakattalai (Dist.Madurai) and Chinnakattalai Distmadurai.
  • It removes errors in fund transfers and improves accuracy.
  • It lets the sender banks validate and confirm branch details before they process the payments.

There are thousands of branches across Tamil Nadu and the rest of India, which is why the IFSC Code ensures that transactions meant for Bank Of India in Chinnakattalai doesn't end up at another location.

Format of the IFSC Code BKID0008259

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 Chinnakattalai in Chinnakattalai (Dist.Madurai).

For example, the IFSC Code BKID0008259 of Bank Of India for the Chinnakattalai branch includes these elements, identifying the bank and the branch location in Chinnakattalai (Dist.Madurai) and Tamil Nadu accurately.

How to Find IFSC Code for Bank Of India?

If you are trying to find the IFSC Code BKID0008259 of Bank Of India for its Chinnakattalai branch located in Chinnakattalai (Dist.Madurai), 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 Chinnakattalai (Dist.Madurai) and Chinnakattalai Distmadurai, 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 Chinnakattalai or Chinnakattalai (Dist.Madurai) to get the exact IFSC Code BKID0008259.

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 Chinnakattalai (Dist.Madurai), you'll get the correct details.

How to Use IFSC Code BKID0008259 for Online Transfers?

Once you have the IFSC Code BKID0008259 for the Chinnakattalai branch of Bank Of India in Chinnakattalai (Dist.Madurai), you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code BKID0008259. 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 BKID0008259.

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 Chinnakattalai in Chinnakattalai (Dist.Madurai), 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 Chinnakattalai, 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 Chinnakattalai (Dist.Madurai) manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of India Chinnakattalai Chinnakattalai (Dist.Madurai)?

The IFSC Code of the Chinnakattalai Chinnakattalai (Dist.Madurai) branch is BKID0008259.

Is IFSC Code BKID0008259 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Bank Of India Chinnakattalai branch?

The branch is located at Door No 109 Ward No 2Chinnakkattalai Dist Madurai.

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.