There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Bank Of India for its Dhatkidih branch in Dhatkidih (Dist. East Singhbhum), Dhatkidih Dist East Singhbhum, Jharkhand, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of Bank Of India situated in Dhatkidih (Dist. East Singhbhum) or anywhere in Jharkhand can easily transfer funds instantly by using the correct IFSC Code BKID0004509. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Bank Of India, Dhatkidih, Dhatkidih (Dist. East Singhbhum)
Below in the table are the key details related to IFSC Code BKID0004509 of Bank Of India for its branch located in Dhatkidih (Dist. East Singhbhum), within the district of Dhatkidih Dist East Singhbhum in the state of Jharkhand.
| Particulars | Details |
|---|---|
| Bank | Bank Of India |
| IFSC Code | BKID0004509 |
| Branch | Dhatkidih |
| City | Dhatkidih (Dist. East Singhbhum) |
| District | Dhatkidih Dist East Singhbhum |
| State | Jharkhand |
| Address | Block No B Holding No 84Line No 1 Dhatkidih Dist East Singhbhum |
These details help users in online banking and for businesses and individuals who use Bank Of India in Dhatkidih (Dist. East Singhbhum) for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0004509 for the Dhatkidih branch of Bank Of India has a very 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 Dhatkidih, Dhatkidih (Dist. East Singhbhum), Jharkhand, is provided a unique IFSC like BKID0004509 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Bank Of India branch in Dhatkidih (Dist. East Singhbhum).
- 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 Dhatkidih (Dist. East Singhbhum) and Dhatkidih Dist East Singhbhum.
- 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 Jharkhand and the rest of India, the IFSC Code ensures that transactions meant for Bank Of India in Dhatkidih do not get misguided to another person.
Format of the IFSC Code BKID0004509
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 Dhatkidih in Dhatkidih (Dist. East Singhbhum).
For example, the IFSC Code BKID0004509 of Bank Of India for the Dhatkidih branch includes these elements, identifying the bank and the branch location in Dhatkidih (Dist. East Singhbhum) and Jharkhand accurately.
How to Find IFSC Code for Bank Of India?
If you are looking for the IFSC Code BKID0004509 of Bank Of India for its Dhatkidih branch located in Dhatkidih (Dist. East Singhbhum), 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 Dhatkidih (Dist. East Singhbhum) and Dhatkidih Dist East Singhbhum, 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 Dhatkidih or Dhatkidih (Dist. East Singhbhum) to get the exact IFSC Code BKID0004509.
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 Dhatkidih (Dist. East Singhbhum), then it will provide you proper information.
How to Use IFSC Code BKID0004509 for Online Transfers?
Once you have the IFSC Code BKID0004509 for the Dhatkidih branch of Bank Of India in Dhatkidih (Dist. East Singhbhum), you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code BKID0004509. 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 BKID0004509.
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 Dhatkidih in Dhatkidih (Dist. East Singhbhum), 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 Dhatkidih, 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 Dhatkidih (Dist. East Singhbhum) manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is BKID0004509.
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 Block No B Holding No 84Line No 1 Dhatkidih Dist East Singhbhum located in Dhatkidih (Dist. East Singhbhum), Dhatkidih Dist East Singhbhum, Jharkhand.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.