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 Nawabhat branch in Fagupur (P. S. Sadar, District Burdwan), Fagupur P S Sadar District Burdwan, West Bengal, 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 Fagupur (P. S. Sadar, District Burdwan) or anywhere in West Bengal can transfer funds instantly by using the correct IFSC Code BKID0004209. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Bank Of India, Nawabhat, Fagupur (P. S. Sadar, District Burdwan)
Here are the key points that are associated with the IFSC Code BKID0004209 of Bank Of India for its branch located in Fagupur (P. S. Sadar, District Burdwan), within the district of Fagupur P S Sadar District Burdwan in the state of West Bengal.
| Particulars | Details |
|---|---|
| Bank | Bank Of India |
| IFSC Code | BKID0004209 |
| Branch | Nawabhat |
| City | Fagupur (P. S. Sadar, District Burdwan) |
| District | Fagupur P S Sadar District Burdwan |
| State | West Bengal |
| Address | G T Road Village Nawabhatp O Fagupurp S Sadar District Burdwan |
These details help users in online banking and for businesses and individuals who use Bank Of India in Fagupur (P. S. Sadar, District Burdwan) for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0004209 for the Nawabhat branch of Bank Of India has a very 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 BKID0004209 is given to every bank branch, including Bank Of India located in Nawabhat, Fagupur (P. S. Sadar, District Burdwan), West Bengal, 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 Fagupur (P. S. Sadar, District Burdwan).
- 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 Fagupur (P. S. Sadar, District Burdwan) and Fagupur P S Sadar District Burdwan.
- 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 West Bengal and the rest of India, which is why the IFSC Code ensures that transactions meant for Bank Of India in Nawabhat doesn't end up at another location.
Format of the IFSC Code BKID0004209
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 Nawabhat in Fagupur (P. S. Sadar, District Burdwan).
For example, the IFSC Code BKID0004209 of Bank Of India for the Nawabhat branch has these elements, identifying the bank and the branch location in Fagupur (P. S. Sadar, District Burdwan) and West Bengal correctly.
How to Find IFSC Code for Bank Of India?
To find the IFSC Code BKID0004209 of Bank Of India for its Nawabhat branch located in Fagupur (P. S. Sadar, District Burdwan), the following methods can help you out:
Cheque Book
The cheque book issued by Bank Of India includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Bank Of India branches in Fagupur (P. S. Sadar, District Burdwan) and Fagupur P S Sadar District Burdwan, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Bank Of India and go to the branch locator section. Then search for Nawabhat or Fagupur (P. S. Sadar, District Burdwan) to find the exact IFSC Code BKID0004209.
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 maintains an updated database of all IFSC codes. Searching for Bank Of India and Fagupur (P. S. Sadar, District Burdwan) will provide accurate information.
How to Use IFSC Code BKID0004209 for Online Transfers?
Once you have the IFSC Code BKID0004209 for the Nawabhat branch of Bank Of India in Fagupur (P. S. Sadar, District Burdwan), you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code BKID0004209. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and Bank Of India IFSC Code BKID0004209.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Bank Of India Nawabhat in Fagupur (P. S. Sadar, District Burdwan), it can result in delayed or failed transactions.
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 Nawabhat, here are some ways to obtain 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.
Having both the IFSC and MICR codes makes it easy for account holders in Fagupur (P. S. Sadar, District Burdwan) to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is BKID0004209.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is G T Road Village Nawabhatp O Fagupurp S Sadar District Burdwan located in Fagupur (P. S. Sadar, District Burdwan), Fagupur P S Sadar District Burdwan, West Bengal.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.