The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Bank Of India for its Baidhyanath Dham branch in Deoghar, Deoghar, Jharkhand, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of Bank Of India located in Deoghar or anywhere in Jharkhand can transfer funds instantly by using the correct IFSC Code BKID0005915. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Bank Of India, Baidhyanath Dham, Deoghar
Here are some of the key details that come with the IFSC Code BKID0005915 of Bank Of India for its branch located in Deoghar, within the district of Deoghar in the state of Jharkhand.
| Particulars | Details |
|---|---|
| Bank | Bank Of India |
| IFSC Code | BKID0005915 |
| Branch | Baidhyanath Dham |
| City | Deoghar |
| District | Deoghar |
| State | Jharkhand |
| Address | Po At Baidhyanath Dham Distt Deoghar |
These details are essential not only for online banking users but also for businesses and individuals who use Bank Of India in Deoghar for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0005915 for the Baidhyanath Dham 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 Baidhyanath Dham, Deoghar, Jharkhand, are allotted a unique IFSC like BKID0005915 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Deoghar.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Deoghar and Deoghar.
- 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 Baidhyanath Dham reaches the right place, even though there are thousands of branches in Jharkhand and across India.
Format of the IFSC Code BKID0005915
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 Baidhyanath Dham in Deoghar.
For example, the IFSC Code BKID0005915 of Bank Of India for the Baidhyanath Dham branch includes these elements, identifying the bank and the branch location in Deoghar and Jharkhand correctly.
How to Find IFSC Code for Bank Of India?
If you are trying to find the IFSC Code BKID0005915 of Bank Of India for its Baidhyanath Dham branch located in Deoghar, 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 Deoghar and Deoghar, 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 Baidhyanath Dham or Deoghar to get the exact IFSC Code BKID0005915.
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 Deoghar that will provide accurate information.
How to Use IFSC Code BKID0005915 for Online Transfers?
Once you have the IFSC Code BKID0005915 for the Baidhyanath Dham branch of Bank Of India in Deoghar, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code BKID0005915. 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 BKID0005915.
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 Baidhyanath Dham in Deoghar, 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 Baidhyanath Dham, 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 Deoghar manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is BKID0005915.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Po At Baidhyanath Dham Distt Deoghar located in Deoghar, Deoghar, Jharkhand.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.