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 Daranagar branch in Daranagar (Dist. Rohtas), Daranagar Dist Rohtas, or Bihar, 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 Daranagar (Dist. Rohtas) or anywhere in Bihar can transfer funds instantly by using the correct IFSC Code BKID0004608. 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, Daranagar, Daranagar (Dist. Rohtas)
The table below shows the main details of the IFSC Code BKID0004608 for the Bank Of India branch in Daranagar (Dist. Rohtas), which falls under the Daranagar Dist Rohtas district in Bihar.
| Particulars | Details |
|---|---|
| Bank | Bank Of India |
| IFSC Code | BKID0004608 |
| Branch | Daranagar |
| City | Daranagar (Dist. Rohtas) |
| District | Daranagar Dist Rohtas |
| State | Bihar |
| Address | At P O Daranagarvia Boulia Dist Rohtas |
These details are crucial, not just for online banking users but also for businesses and individuals who use Bank Of India in Daranagar (Dist. Rohtas) for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0004608 for the Daranagar 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 Daranagar, Daranagar (Dist. Rohtas), Bihar, are allotted a unique IFSC like BKID0004608 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Daranagar (Dist. Rohtas).
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Daranagar (Dist. Rohtas) and Daranagar Dist Rohtas.
- 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 Daranagar reaches the right place, even though there are thousands of branches in Bihar and across India.
Format of the IFSC Code BKID0004608
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): These represent the bank code. In Bank Of India, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Daranagar in Daranagar (Dist. Rohtas).
For example, the IFSC Code BKID0004608 of Bank Of India for the Daranagar branch has these elements, identifying the bank and the branch location in Daranagar (Dist. Rohtas) and Bihar correctly.
How to Find IFSC Code for Bank Of India?
If you are looking for the IFSC Code BKID0004608 of Bank Of India for its Daranagar branch located in Daranagar (Dist. Rohtas), the following methods can help:
Cheque Book
The cheque book that is issued by Bank Of India includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including Bank Of India branches in Daranagar (Dist. Rohtas) and Daranagar Dist Rohtas, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of Bank Of India and look for the branch locator section, then search for Daranagar or Daranagar (Dist. Rohtas) to get the exact IFSC Code BKID0004608.
Mobile Banking App
If you use Bank Of India's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Bank Of India and Daranagar (Dist. Rohtas), then it will provide you proper information.
How to Use IFSC Code BKID0004608 for Online Transfers?
Once you have the IFSC Code BKID0004608 for the Daranagar branch of Bank Of India in Daranagar (Dist. Rohtas), you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code BKID0004608. 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 BKID0004608.
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 Daranagar in Daranagar (Dist. Rohtas), 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 Daranagar, here are some ways that 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.
If you know both IFSC and MICR codes, then it can help account holders in Daranagar (Dist. Rohtas) manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is BKID0004608.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is At P O Daranagarvia Boulia Dist Rohtas located in Daranagar (Dist. Rohtas), Daranagar Dist Rohtas, Bihar.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.