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 Badrola branch in Faridabad, Faridabad, Haryana, 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 Faridabad or anywhere in Haryana can easily transfer funds instantly by using the correct IFSC Code BKID0006732. 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, Badrola, Faridabad
The table below shows the main details of the IFSC Code BKID0006732 for the Bank Of India branch in Faridabad, which falls under the Faridabad district in Haryana.
| Particulars | Details |
|---|---|
| Bank | Bank Of India |
| IFSC Code | BKID0006732 |
| Branch | Badrola |
| City | Faridabad |
| District | Faridabad |
| State | Haryana |
| Address | Village Badrola Tehsil Tigaondistt Faridabad Haryana 121101 |
These details are important not only for users using online banking but also for businesses and individuals who use Bank Of India in Faridabad for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code BKID0006732 for the Badrola branch of Bank Of India is vital.
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 Badrola, Faridabad, Haryana, are allotted a unique IFSC like BKID0006732 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Faridabad.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Faridabad and Faridabad.
- 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 Badrola reaches the right place, even though there are thousands of branches in Haryana and across India.
Format of the IFSC Code BKID0006732
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 Badrola in Faridabad.
For example, the IFSC Code BKID0006732 of Bank Of India for the Badrola branch includes these elements, identifying the bank and the branch location in Faridabad and Haryana accurately.
How to Find IFSC Code for Bank Of India?
If you are trying to find the IFSC Code BKID0006732 of Bank Of India for its Badrola branch located in Faridabad, 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 Faridabad and Faridabad, 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 Badrola or Faridabad to get the exact IFSC Code BKID0006732.
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 Faridabad, you'll get the correct details.
How to Use IFSC Code BKID0006732 for Online Transfers?
Once you have the IFSC Code BKID0006732 for the Badrola branch of Bank Of India in Faridabad, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code BKID0006732. Transfers are processed in batches. This is suitable for 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 BKID0006732.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Bank Of India Badrola in Faridabad may result in delayed or failed transactions.
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 Badrola, 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 Faridabad manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is BKID0006732.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Village Badrola Tehsil Tigaondistt Faridabad Haryana 121101 located in Faridabad, Faridabad, Haryana.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.