IFSC Code of Bank Of India, Dumaria, Dumaria Dist East Singhbhum, Jharkhand- BKID0004517

The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Bank Of India for its Dumaria branch in Dumaria (Dist. East Singhbhum), Dumaria Dist East Singhbhum, Jharkhand, this complete guide will provide you with detailed information.

The banking system in India has changed over the years, and today customers of Bank Of India located in Dumaria (Dist. East Singhbhum) or anywhere in Jharkhand can transfer funds instantly by using the correct IFSC Code BKID0004517. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Bank Of India, Dumaria, Dumaria (Dist. East Singhbhum)

The table below shows the main details of the IFSC Code BKID0004517 for the Bank Of India branch in Dumaria (Dist. East Singhbhum), which falls under the Dumaria Dist East Singhbhum district in Jharkhand.

These details are crucial, not just for online banking users but also for businesses and individuals who use Bank Of India in Dumaria (Dist. East Singhbhum) for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0004517 for the Dumaria 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, including Bank Of India located in Dumaria, Dumaria (Dist. East Singhbhum), Jharkhand, is provided with a unique IFSC like BKID0004517 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It uniquely identifies the Bank Of India branch in Dumaria (Dist. East Singhbhum).
• It helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It avoids any errors or confusions between multiple branches of the same bank across different places like Dumaria (Dist. East Singhbhum) and Dumaria Dist East Singhbhum.
• It reduces errors in fund transfers and improves accuracy.
• It allows sender banks to validate and confirm branch details before processing payments.

There are thousands of branches across Jharkhand and the rest of India and the IFSC Code ensures that transactions meant for Bank Of India in Dumaria do not get mixed with another location.

Format of the IFSC Code BKID0004517

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): These represent the bank code. In Bank Of India, they are a short identifier for the bank.
• 5th character (0): This is always zero and is reserved for future use.
• Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Dumaria in Dumaria (Dist. East Singhbhum).

For example, the IFSC Code BKID0004517 of Bank Of India for the Dumaria branch has these elements, identifying the bank and the branch location in Dumaria (Dist. East Singhbhum) and Jharkhand correctly.

How to Find IFSC Code for Bank Of India?

If you are looking for the IFSC Code BKID0004517 of Bank Of India for its Dumaria branch located in Dumaria (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 Dumaria (Dist. East Singhbhum) and Dumaria 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 Dumaria or Dumaria (Dist. East Singhbhum) to get the exact IFSC Code BKID0004517.

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 Dumaria (Dist. East Singhbhum), then it will provide you proper information.

How to Use IFSC Code BKID0004517 for Online Transfers?

Once you have the IFSC Code BKID0004517 for the Dumaria branch of Bank Of India in Dumaria (Dist. East Singhbhum), you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code BKID0004517. 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 BKID0004517.

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 Dumaria in Dumaria (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 are very different from IFSC codes. If you are looking for the MICR code of Bank Of India in Dumaria, 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 Dumaria (Dist. East Singhbhum) manage their online transfers and cheque clearances easily.