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 Selaqui branch in Dehradun, Dehradun, 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 BKID0007054. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Bank Of India, Selaqui, Dehradun
The table below shows the main details of the IFSC Code BKID0007054 for the Bank Of India branch in Dehradun, which falls under the Dehradun district in Uttarakhand.
| Particulars | Details |
|---|---|
| Bank | Bank Of India |
| IFSC Code | BKID0007054 |
| Branch | Selaqui |
| City | Dehradun |
| District | Dehradun |
| State | Uttarakhand |
| Address | Jai Durge Commercial Plazamain Bazarselaquivill Po Selaquidistt Dehradun |
These details are important not only for users using online banking but also for businesses and individuals who use Bank Of India in Dehradun for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code BKID0007054 for the Selaqui 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 provided by the Reserve Bank of India. Every bank branch, along with Bank Of India located in Selaqui, Dehradun, Uttarakhand, are allotted a unique IFSC like BKID0007054 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Dehradun.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Dehradun and Dehradun.
- 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 Selaqui reaches the right place, even though there are thousands of branches in Uttarakhand and across India.
Format of the IFSC Code BKID0007054
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 Selaqui in Dehradun.
For example, the IFSC Code BKID0007054 of Bank Of India for the Selaqui branch includes these elements, identifying the bank and the branch location in Dehradun and Uttarakhand accurately.
How to Find IFSC Code for Bank Of India?
If you are trying to find the IFSC Code BKID0007054 of Bank Of India for its Selaqui 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 Dehradun, 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 Selaqui or Dehradun to get the exact IFSC Code BKID0007054.
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 BKID0007054 for Online Transfers?
Once you have the IFSC Code BKID0007054 for the Selaqui 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 BKID0007054. 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 BKID0007054.
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 Selaqui in Dehradun, 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 Selaqui, 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 Dehradun manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Selaqui Dehradun branch is BKID0007054.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Jai Durge Commercial Plazamain Bazarselaquivill Po Selaquidistt Dehradun.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.