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 Duliajan branch in Duliajan Dibrugarh Assam, Duliajan Dibrugarh Assam, Assam, 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 Duliajan Dibrugarh Assam or anywhere in Assam can transfer funds instantly by using the correct IFSC Code BKID0005062. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Bank Of India, Duliajan, Duliajan Dibrugarh Assam

The table below shows the main details of the IFSC Code BKID0005062 for the Bank Of India branch in Duliajan Dibrugarh Assam, which falls under the Duliajan Dibrugarh Assam district in Assam.

Particulars Details
Bank Bank Of India
IFSC Code BKID0005062
Branch Duliajan
City Duliajan Dibrugarh Assam
District Duliajan Dibrugarh Assam
State Assam
Address Bp Enclavetipling Roadpo Duliajandistdibrugargh

These details are crucial, not just for online banking users but also for businesses and individuals who use Bank Of India in Duliajan Dibrugarh Assam for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0005062 for the Duliajan 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 that is provided by the Reserve Bank of India. A unique IFSC like BKID0005062 is given to every bank branch, including Bank Of India located in Duliajan, Duliajan Dibrugarh Assam, Assam, to make sure that online payments reach the right place.

The IFSC Code is important because:

  • It uniquely identifies the Bank Of India branch in Duliajan Dibrugarh Assam.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any kind of confusion between multiple branches of the same bank across different places like Duliajan Dibrugarh Assam and Duliajan Dibrugarh Assam.
  • It removes errors in fund transfers and improves accuracy.
  • It lets the sender banks validate and confirm branch details before they process the payments.

There are thousands of branches across Assam and the rest of India, which is why the IFSC Code ensures that transactions meant for Bank Of India in Duliajan doesn't end up at another location.

Format of the IFSC Code BKID0005062

The format of the IFSC Code for banks, including Bank Of India, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown of this:

  • First 4 characters (AAAA): Represent the bank code. For Bank Of India, these characters are the bank's short identifier.
  • 5th character (0): Always zero which is reserved for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Duliajan in Duliajan Dibrugarh Assam.

For example, the IFSC Code BKID0005062 of Bank Of India for the Duliajan branch includes these elements, identifying the bank and the branch location in Duliajan Dibrugarh Assam and Assam accurately.

How to Find IFSC Code for Bank Of India?

If you are looking for the IFSC Code BKID0005062 of Bank Of India for its Duliajan branch located in Duliajan Dibrugarh Assam, 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 Duliajan Dibrugarh Assam and Duliajan Dibrugarh Assam, 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 Duliajan or Duliajan Dibrugarh Assam to get the exact IFSC Code BKID0005062.

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 Duliajan Dibrugarh Assam, then it will provide you proper information.

How to Use IFSC Code BKID0005062 for Online Transfers?

Once you have the IFSC Code BKID0005062 for the Duliajan branch of Bank Of India in Duliajan Dibrugarh Assam, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code BKID0005062. The transfer is completed in batches instead of instantly. It is useful for both 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 BKID0005062.

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 Duliajan in Duliajan Dibrugarh Assam, 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 Duliajan, 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 Duliajan Dibrugarh Assam manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of India in Duliajan, Duliajan Dibrugarh Assam?

The IFSC Code is BKID0005062.

Is the IFSC Code BKID0005062 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and the IFSC is for online transfers.

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

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

What is the full address of the Duliajan branch?

The address of the branch is Bp Enclavetipling Roadpo Duliajandistdibrugargh located in Duliajan Dibrugarh Assam, Duliajan Dibrugarh Assam, Assam.

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.