IFSC Code of Bank Of India, Devanahalli, Devanahalli, Karnataka — BKID0008454

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 Devanahalli branch in Devanahalli, Devanahalli, Karnataka, 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 Devanahalli or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code BKID0008454. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Bank Of India, Devanahalli, Devanahalli

Here are some of the key details that come with the IFSC Code BKID0008454 of Bank Of India for its branch located in Devanahalli, within the district of Devanahalli in the state of Karnataka.

These details are important not only for users using online banking but also for businesses and individuals who use Bank Of India in Devanahalli for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code BKID0008454 for the Devanahalli branch of Bank Of India is vital.

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 Devanahalli, Devanahalli, Karnataka, is provided a unique IFSC like BKID0008454 so that their online payments reach the right place.

The IFSC Code is important because:

• It uniquely recognizes the Bank Of India branch in Devanahalli.
• 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 Devanahalli and Devanahalli.
• 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 Karnataka and the rest of India, the IFSC Code ensures that transactions meant for Bank Of India in Devanahalli do not get misguided to another person.

Format of the IFSC Code BKID0008454

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 Devanahalli in Devanahalli.

For example, the IFSC Code BKID0008454 of Bank Of India for the Devanahalli branch includes these elements, identifying the bank and the branch location in Devanahalli and Karnataka accurately.

How to Find IFSC Code for Bank Of India?

If you are looking for the IFSC Code BKID0008454 of Bank Of India for its Devanahalli branch located in Devanahalli, 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 Devanahalli and Devanahalli, 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 Devanahalli or Devanahalli to get the exact IFSC Code BKID0008454.

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 Devanahalli, then it will provide you proper information.

How to Use IFSC Code BKID0008454 for Online Transfers?

Once you have the IFSC Code BKID0008454 for the Devanahalli branch of Bank Of India in Devanahalli, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0008454. 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 BKID0008454.

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 Devanahalli in Devanahalli may result in delayed or failed transactions.

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 Devanahalli, 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 Devanahalli manage online transfers as well as cheque clearances with ease.