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 Deoghar branch in Deoghar Dist. Deoghar - Jharkhand, Deoghar Dist Deoghar Jharkhand, Jharkhand, 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 Deoghar Dist. Deoghar - Jharkhand or anywhere in Jharkhand can transfer funds instantly by using the correct IFSC Code BKID0004461. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Bank Of India, Deoghar, Deoghar Dist. Deoghar - Jharkhand
Here are the main details that are associated with the IFSC Code BKID0004461 of Bank Of India for its branch located in Deoghar Dist. Deoghar - Jharkhand, within the district of Deoghar Dist Deoghar Jharkhand in the state of Jharkhand.
| Particulars | Details |
|---|---|
| Bank | Bank Of India |
| IFSC Code | BKID0004461 |
| Branch | Deoghar |
| City | Deoghar Dist. Deoghar - Jharkhand |
| District | Deoghar Dist Deoghar Jharkhand |
| State | Jharkhand |
| Address | Assam Access Roadat Post Deoghar |
These details are essential not only for online banking users but also for businesses and individuals who use Bank Of India in Deoghar Dist. Deoghar - Jharkhand for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0004461 for the Deoghar 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 Deoghar, Deoghar Dist. Deoghar - Jharkhand, Jharkhand, are given a unique IFSC like BKID0004461 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 Dist. Deoghar - Jharkhand.
- 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 Deoghar Dist. Deoghar - Jharkhand and Deoghar Dist Deoghar Jharkhand.
- 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 Deoghar goes to the correct branch. This is important because Bank Of India has thousands of branches in Jharkhand and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code BKID0004461
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 Deoghar in Deoghar Dist. Deoghar - Jharkhand.
For example, the IFSC Code BKID0004461 of Bank Of India for the Deoghar branch has these elements, identifying the bank and the branch location in Deoghar Dist. Deoghar - Jharkhand and Jharkhand correctly.
How to Find IFSC Code for Bank Of India?
If you are trying to find the IFSC Code BKID0004461 of Bank Of India for its Deoghar branch located in Deoghar Dist. Deoghar - Jharkhand, 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
You can easily find the IFSC and MICR codes because most banks, including Bank Of India branches in Deoghar Dist. Deoghar - Jharkhand and Deoghar Dist Deoghar Jharkhand, print them 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 Deoghar or Deoghar Dist. Deoghar - Jharkhand to get the exact IFSC Code BKID0004461.
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 Deoghar Dist. Deoghar - Jharkhand, you'll get the correct details.
How to Use IFSC Code BKID0004461 for Online Transfers?
Once you have the IFSC Code BKID0004461 for the Deoghar branch of Bank Of India in Deoghar Dist. Deoghar - Jharkhand, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code BKID0004461. Transfers are processed in batches. This is suitable for 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 BKID0004461.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Bank Of India Deoghar in Deoghar Dist. Deoghar - Jharkhand may result in delayed or failed transactions.
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 Deoghar, 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 Deoghar Dist. Deoghar - Jharkhand to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is BKID0004461.
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 Assam Access Roadat Post Deoghar located in Deoghar Dist. Deoghar - Jharkhand, Deoghar Dist Deoghar Jharkhand, Jharkhand.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.