IFSC Code of Bank Of India, Dohakatu, Ramgarh, Jharkhand — BKID0005973

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 Dohakatu branch in Dumka, Ramgarh, Jharkhand, 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 Dumka or anywhere in Jharkhand can transfer funds instantly by using the correct IFSC Code BKID0005973. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Bank Of India, Dohakatu, Dumka

The table below shows the main details of the IFSC Code BKID0005973 for the Bank Of India branch in Dumka, which falls under the Ramgarh 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 Dumka for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0005973 for the Dohakatu 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 Dohakatu, Dumka, Jharkhand, are allotted a unique IFSC like BKID0005973 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It clearly tells which bank branch it is in Dumka.
• It helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It prevents confusion between different branches of the same bank in places like Dumka and Ramgarh.
• 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 Dohakatu reaches the right place, even though there are thousands of branches in Jharkhand and across India.

Format of the IFSC Code BKID0005973

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 Dohakatu in Dumka.

For example, the IFSC Code BKID0005973 of Bank Of India for the Dohakatu branch includes these elements, identifying the bank and the branch location in Dumka and Jharkhand accurately.

How to Find IFSC Code for Bank Of India?

If you are trying to find the IFSC Code BKID0005973 of Bank Of India for its Dohakatu branch located in Dumka, 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 Dumka and Ramgarh, 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 Dohakatu or Dumka to get the exact IFSC Code BKID0005973.

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 Dumka, you'll get the correct details.

How to Use IFSC Code BKID0005973 for Online Transfers?

Once you have the IFSC Code BKID0005973 for the Dohakatu branch of Bank Of India in Dumka, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code BKID0005973. 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 BKID0005973.

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 Dohakatu in Dumka, 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 Dohakatu, 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 Dumka manage online transfers as well as cheque clearances with ease.