For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Bank Of India for its Bhaniyawala branch in Dehradun, Doiwala, Uttarakhand, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly over the years, and today customers of Bank Of India located in Dehradun or anywhere in Uttarakhand can transfer funds instantly by using the correct IFSC Code BKID0007694. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Bank Of India, Bhaniyawala, Dehradun

Here are the main details that are associated with the IFSC Code BKID0007694 of Bank Of India for its branch located in Dehradun, within the district of Doiwala in the state of Uttarakhand.

Particulars Details
Bank Bank Of India
IFSC Code BKID0007694
Branch Bhaniyawala
City Dehradun
District Doiwala
State Uttarakhand
Address Bank Of India,Bhaniyawala,Near S.G R.R Public School,Tehsil Doiwala,Dist Dehradun Uttrakhand 248140

These details are crucial, not just for online banking users but also for businesses and individuals who use Bank Of India in Dehradun for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0007694 for the Bhaniyawala 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Bank Of India located in Bhaniyawala, Dehradun, Uttarakhand, is provided a unique IFSC like BKID0007694 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Bank Of India branch in Dehradun.
  • Helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any confusions between multiple branches of the same bank across different places like Dehradun and Doiwala.
  • It reduces most of the errors in fund transfers and makes sure its accuracy.
  • It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Uttarakhand and the rest of India, the IFSC Code ensures that transactions meant for Bank Of India in Bhaniyawala do not get misguided to another person.

Format of the IFSC Code BKID0007694

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 Bhaniyawala in Dehradun.

For example, the IFSC Code BKID0007694 of Bank Of India for the Bhaniyawala branch includes these elements, identifying the bank and the branch location in Dehradun and Uttarakhand correctly.

How to Find IFSC Code for Bank Of India?

If you are trying to find the IFSC Code BKID0007694 of Bank Of India for its Bhaniyawala branch located in Dehradun, 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

Most banks, including Bank Of India branches in Dehradun and Doiwala, print the IFSC and MICR codes 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 Bhaniyawala or Dehradun to get the exact IFSC Code BKID0007694.

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 Dehradun, you'll get the correct details.

How to Use IFSC Code BKID0007694 for Online Transfers?

Once you have the IFSC Code BKID0007694 for the Bhaniyawala branch of Bank Of India in Dehradun, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code BKID0007694. 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 BKID0007694.

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 Bhaniyawala in Dehradun, 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 Bhaniyawala, 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 Dehradun to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of India in Bhaniyawala, Dehradun?

The IFSC Code is BKID0007694.

Is the IFSC Code BKID0007694 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and the IFSC is for online transfers.

Where can I find the IFSC Code of Bank Of India Bhaniyawala?

You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Bhaniyawala branch?

The address of the branch is Bank Of India,Bhaniyawala,Near S.G R.R Public School,Tehsil Doiwala,Dist Dehradun Uttrakhand 248140 located in Dehradun, Doiwala, Uttarakhand.

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.