IFSC Code of Bank Of India, Ghaghra, Ghaghra Dist Gumla, Jharkhand — BKID0004935

Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Bank Of India for its Ghaghra branch in Ghaghra (Dist. Gumla), Ghaghra Dist Gumla, Jharkhand, then this guide will give you detailed information.

The banking system has evolved significantly in India, and today the customers of Bank Of India located in Ghaghra (Dist. Gumla) or anywhere in Jharkhand can transfer funds instantly by using the correct IFSC Code BKID0004935. You should definitely 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, Ghaghra, Ghaghra (Dist. Gumla)

The table below shows the main details of the IFSC Code BKID0004935 for the Bank Of India branch in Ghaghra (Dist. Gumla), which falls under the Ghaghra Dist Gumla 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 Ghaghra (Dist. Gumla) for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0004935 for the Ghaghra 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 Ghaghra, Ghaghra (Dist. Gumla), Jharkhand, are allotted a unique IFSC like BKID0004935 to ensure that online payments reach the right destination.

The IFSC Code is important because:

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

Format of the IFSC Code BKID0004935

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 Ghaghra in Ghaghra (Dist. Gumla).

For example, the IFSC Code BKID0004935 of Bank Of India for the Ghaghra branch includes these elements, identifying the bank and the branch location in Ghaghra (Dist. Gumla) and Jharkhand accurately.

How to Find IFSC Code for Bank Of India?

If you are trying to find the IFSC Code BKID0004935 of Bank Of India for its Ghaghra branch located in Ghaghra (Dist. Gumla), the following methods can help:

Cheque Book

The cheque books that are issued by Bank Of India include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

Most banks, including Bank Of India branches in Ghaghra (Dist. Gumla) and Ghaghra Dist Gumla, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Bank Of India and find the branch locator section. Search for Ghaghra or Ghaghra (Dist. Gumla) to get the exact IFSC Code BKID0004935.

Mobile Banking App

If you use Bank Of India's mobile app, you can easily 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 to help you in searching for Bank Of India and Ghaghra (Dist. Gumla) that will provide accurate information.

How to Use IFSC Code BKID0004935 for Online Transfers?

Once you have the IFSC Code BKID0004935 for the Ghaghra branch of Bank Of India in Ghaghra (Dist. Gumla), you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0004935. 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 BKID0004935.

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 Ghaghra in Ghaghra (Dist. Gumla), 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 Ghaghra, 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 Ghaghra (Dist. Gumla) to handle online money transfers and get their cheques cleared smoothly.