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 Dhenkikote branch in Dhenkikote (Dist. Keonjhar), Dhenkikote Dist Keonjhar, Odisha, 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 Dhenkikote (Dist. Keonjhar) or anywhere in Odisha can easily transfer funds instantly by using the correct IFSC Code BKID0005410. 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, Dhenkikote, Dhenkikote (Dist. Keonjhar)
Here are the key points that are associated with the IFSC Code BKID0005410 of Bank Of India for its branch located in Dhenkikote (Dist. Keonjhar), within the district of Dhenkikote Dist Keonjhar in the state of Odisha.
| Particulars | Details |
|---|---|
| Bank | Bank Of India |
| IFSC Code | BKID0005410 |
| Branch | Dhenkikote |
| City | Dhenkikote (Dist. Keonjhar) |
| District | Dhenkikote Dist Keonjhar |
| State | Odisha |
| Address | At Post Dhenkikotedistrict Keonjhar |
These details are crucial, not just for online banking users but also for businesses and individuals who use Bank Of India in Dhenkikote (Dist. Keonjhar) for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0005410 for the Dhenkikote branch of Bank Of India has 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 Dhenkikote, Dhenkikote (Dist. Keonjhar), Odisha, are allotted a unique IFSC like BKID0005410 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Dhenkikote (Dist. Keonjhar).
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Dhenkikote (Dist. Keonjhar) and Dhenkikote Dist Keonjhar.
- 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 Dhenkikote reaches the right place, even though there are thousands of branches in Odisha and across India.
Format of the IFSC Code BKID0005410
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): 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 Dhenkikote in Dhenkikote (Dist. Keonjhar).
For example, the IFSC Code BKID0005410 of Bank Of India for the Dhenkikote branch includes these elements, identifying the bank and the branch location in Dhenkikote (Dist. Keonjhar) and Odisha accurately.
How to Find IFSC Code for Bank Of India?
If you are trying to find the IFSC Code BKID0005410 of Bank Of India for its Dhenkikote branch located in Dhenkikote (Dist. Keonjhar), 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 Dhenkikote (Dist. Keonjhar) and Dhenkikote Dist Keonjhar, 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 Dhenkikote or Dhenkikote (Dist. Keonjhar) to get the exact IFSC Code BKID0005410.
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 Dhenkikote (Dist. Keonjhar) that will provide accurate information.
How to Use IFSC Code BKID0005410 for Online Transfers?
Once you have the IFSC Code BKID0005410 for the Dhenkikote branch of Bank Of India in Dhenkikote (Dist. Keonjhar), you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code BKID0005410. 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 BKID0005410.
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 Dhenkikote in Dhenkikote (Dist. Keonjhar) may result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Bank Of India in Dhenkikote, here are some of the ways 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.
Knowing both IFSC and MICR code can help account holders in Dhenkikote (Dist. Keonjhar) manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code of the Dhenkikote Dhenkikote (Dist. Keonjhar) branch is BKID0005410.
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 At Post Dhenkikotedistrict Keonjhar.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.