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 Domchanch branch in Domchanch (Dist. Koderma), Domchanch Dist Koderma, 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 Domchanch (Dist. Koderma) or anywhere in Jharkhand can easily transfer funds instantly by using the correct IFSC Code BKID0004817. 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, Domchanch, Domchanch (Dist. Koderma)

Below in the table are the key details related to IFSC Code BKID0004817 of Bank Of India for its branch located in Domchanch (Dist. Koderma), within the district of Domchanch Dist Koderma in the state of Jharkhand.

Particulars Details
Bank Bank Of India
IFSC Code BKID0004817
Branch Domchanch
City Domchanch (Dist. Koderma)
District Domchanch Dist Koderma
State Jharkhand
Address At Post Domchanch Bazardistrict Koderma

These details are essential not only for online banking users but also for businesses and individuals who use Bank Of India in Domchanch (Dist. Koderma) for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0004817 for the Domchanch 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Bank Of India located in Domchanch, Domchanch (Dist. Koderma), Jharkhand, is provided a unique IFSC like BKID0004817 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Bank Of India branch in Domchanch (Dist. Koderma).
  • 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 Domchanch (Dist. Koderma) and Domchanch Dist Koderma.
  • 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 Domchanch do not get misguided to another person.

Format of the IFSC Code BKID0004817

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 Domchanch in Domchanch (Dist. Koderma).

For example, the IFSC Code BKID0004817 of Bank Of India for the Domchanch branch includes these elements, identifying the bank and the branch location in Domchanch (Dist. Koderma) and Jharkhand accurately.

How to Find IFSC Code for Bank Of India?

If you are trying to find the IFSC Code BKID0004817 of Bank Of India for its Domchanch branch located in Domchanch (Dist. Koderma), 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 Domchanch (Dist. Koderma) and Domchanch Dist Koderma, 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 Domchanch or Domchanch (Dist. Koderma) to get the exact IFSC Code BKID0004817.

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 Domchanch (Dist. Koderma), you'll get the correct details.

How to Use IFSC Code BKID0004817 for Online Transfers?

Once you have the IFSC Code BKID0004817 for the Domchanch branch of Bank Of India in Domchanch (Dist. Koderma), you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code BKID0004817. 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 BKID0004817.

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 Domchanch in Domchanch (Dist. Koderma), 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 Domchanch, 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 Domchanch (Dist. Koderma) manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of India in Domchanch, Domchanch (Dist. Koderma)?

The IFSC Code is BKID0004817.

Is the IFSC Code BKID0004817 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Bank Of India Domchanch?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Domchanch branch?

The address of the branch is At Post Domchanch Bazardistrict Koderma located in Domchanch (Dist. Koderma), Domchanch Dist Koderma, Jharkhand.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.