IFSC Code of Bank Of India, Korauna, Sitapur, Uttar Pradesh — BKID0AG2255

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 Korauna branch in Chitrakoot, Sitapur, Uttar Pradesh, 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 Chitrakoot or anywhere in Uttar Pradesh can easily transfer funds instantly by using the correct IFSC Code BKID0AG2255. 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, Korauna, Chitrakoot

Here are the main details that are associated with the IFSC Code BKID0AG2255 of Bank Of India for its branch located in Chitrakoot, within the district of Sitapur in the state of Uttar Pradesh.

These details are essential not only for online banking users but also for businesses and individuals who use Bank Of India in Chitrakoot for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0AG2255 for the Korauna 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, along with Bank Of India located in Korauna, Chitrakoot, Uttar Pradesh, are given a unique IFSC like BKID0AG2255 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It clearly tells which bank branch it is in Chitrakoot.
• 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 Chitrakoot and Sitapur.
• 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 Korauna goes to the correct branch. This is important because Bank Of India has thousands of branches in Uttar Pradesh and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code BKID0AG2255

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 Korauna in Chitrakoot.

For example, the IFSC Code BKID0AG2255 of Bank Of India for the Korauna branch includes these elements, identifying the bank and the branch location in Chitrakoot and Uttar Pradesh accurately.

How to Find IFSC Code for Bank Of India?

If you are trying to find the IFSC Code BKID0AG2255 of Bank Of India for its Korauna branch located in Chitrakoot, 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 Chitrakoot and Sitapur, 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 Korauna or Chitrakoot to get the exact IFSC Code BKID0AG2255.

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 Chitrakoot that will provide accurate information.

How to Use IFSC Code BKID0AG2255 for Online Transfers?

Once you have the IFSC Code BKID0AG2255 for the Korauna branch of Bank Of India in Chitrakoot, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code BKID0AG2255. The transfer is completed in batches. It is useful for both personal and business payments.

RTGS

Used for payments over ₹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 BKID0AG2255.

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 Korauna in Chitrakoot, your payment can get delayed or might not go through at all.

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 Korauna, 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 Chitrakoot manage their online transfers and cheque clearances easily.