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 Tarini Temple branch in Ghatgaon (Dist. Keonjhar), Ghatgaon Dist Keonjhar, Odisha, 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 Ghatgaon (Dist. Keonjhar) or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code BKID0005405. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Bank Of India, Tarini Temple, Ghatgaon (Dist. Keonjhar)

Here are some of the key details that come with the IFSC Code BKID0005405 of Bank Of India for its branch located in Ghatgaon (Dist. Keonjhar), within the district of Ghatgaon Dist Keonjhar in the state of Odisha.

Particulars Details
Bank Bank Of India
IFSC Code BKID0005405
Branch Tarini Temple
City Ghatgaon (Dist. Keonjhar)
District Ghatgaon Dist Keonjhar
State Odisha
Address At Post Ghatgaondistrict Keonjhar

These details are essential not only for online banking users but also for businesses and individuals who use Bank Of India in Ghatgaon (Dist. Keonjhar) for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0005405 for the Tarini Temple branch of Bank Of India plays 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 Tarini Temple, Ghatgaon (Dist. Keonjhar), Odisha, is provided with a unique IFSC like BKID0005405 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the Bank Of India branch in Ghatgaon (Dist. Keonjhar).
  • 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 Ghatgaon (Dist. Keonjhar) and Ghatgaon Dist Keonjhar.
  • 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 Odisha and the rest of India and the IFSC Code ensures that transactions meant for Bank Of India in Tarini Temple do not get mixed with another location.

Format of the IFSC Code BKID0005405

The format of the IFSC Code for banks, including Bank Of India, has an 11-character structure:

AAAA0CCCCCC

Here's the breakdown:

  • First 4 characters (AAAA): Show the bank code. For Bank Of India, these letters represent the bank's short name.
  • 5th character: Is always zero and is kept for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Tarini Temple in Ghatgaon (Dist. Keonjhar).

For example, the IFSC Code BKID0005405 of Bank Of India for the Tarini Temple branch includes these elements, identifying the bank and the branch location in Ghatgaon (Dist. Keonjhar) and Odisha correctly.

How to Find IFSC Code for Bank Of India?

If you are trying to find the IFSC Code BKID0005405 of Bank Of India for its Tarini Temple branch located in Ghatgaon (Dist. Keonjhar), 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 Ghatgaon (Dist. Keonjhar) and Ghatgaon Dist Keonjhar, 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 Tarini Temple or Ghatgaon (Dist. Keonjhar) to get the exact IFSC Code BKID0005405.

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 Ghatgaon (Dist. Keonjhar), you'll get the correct details.

How to Use IFSC Code BKID0005405 for Online Transfers?

Once you have the IFSC Code BKID0005405 for the Tarini Temple branch of Bank Of India in Ghatgaon (Dist. Keonjhar), you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0005405. 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 BKID0005405.

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 Tarini Temple in Ghatgaon (Dist. Keonjhar), it can 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 Tarini Temple, 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 Ghatgaon (Dist. Keonjhar) manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of India in Tarini Temple, Ghatgaon (Dist. Keonjhar)?

The IFSC Code is BKID0005405.

Is the IFSC Code BKID0005405 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Bank Of India Tarini Temple?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Tarini Temple branch?

The address of the branch is At Post Ghatgaondistrict Keonjhar located in Ghatgaon (Dist. Keonjhar), Ghatgaon Dist Keonjhar, Odisha.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.