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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Bank Of India for its Gopalmatt branch in Gopalmatt (Durgapur )Wb, Gopalmatt Durgapur Wb, or West Bengal, this guide will help you with all the details.

There have been major changes in the banking sector in India and today, the customers of Bank Of India located in Gopalmatt (Durgapur )Wb or anywhere in West Bengal can transfer funds instantly by using the correct IFSC Code BKID0004369. 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, Gopalmatt, Gopalmatt (Durgapur )Wb

The table below shows the main details of the IFSC Code BKID0004369 for the Bank Of India branch in Gopalmatt (Durgapur )Wb, which falls under the Gopalmatt Durgapur Wb district in West Bengal.

Particulars Details
Bank Bank Of India
IFSC Code BKID0004369
Branch Gopalmatt
City Gopalmatt (Durgapur )Wb
District Gopalmatt Durgapur Wb
State West Bengal
Address Gopalmatt High School Gopalmattdurgapur 17

These details helps users in online banking and for businesses and individuals who use Bank Of India in Gopalmatt (Durgapur )Wb for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0004369 for the Gopalmatt branch of Bank Of India plays a vital 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 Gopalmatt, Gopalmatt (Durgapur )Wb, West Bengal, is provided with a unique IFSC like BKID0004369 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the Bank Of India branch in Gopalmatt (Durgapur )Wb.
  • 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 Gopalmatt (Durgapur )Wb and Gopalmatt Durgapur Wb.
  • 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 West Bengal and the rest of India and the IFSC Code ensures that transactions meant for Bank Of India in Gopalmatt do not get mixed with another location.

Format of the IFSC Code BKID0004369

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): 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 Gopalmatt in Gopalmatt (Durgapur )Wb.

For example, the IFSC Code BKID0004369 of Bank Of India for the Gopalmatt branch includes these elements, identifying the bank and the branch location in Gopalmatt (Durgapur )Wb and West Bengal accurately.

How to Find IFSC Code for Bank Of India?

If you are trying to find the IFSC Code BKID0004369 of Bank Of India for its Gopalmatt branch located in Gopalmatt (Durgapur )Wb, 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 Gopalmatt (Durgapur )Wb and Gopalmatt Durgapur Wb, 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 Gopalmatt or Gopalmatt (Durgapur )Wb to get the exact IFSC Code BKID0004369.

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 Gopalmatt (Durgapur )Wb that will provide accurate information.

How to Use IFSC Code BKID0004369 for Online Transfers?

Once you have the IFSC Code BKID0004369 for the Gopalmatt branch of Bank Of India in Gopalmatt (Durgapur )Wb, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code BKID0004369. The transfer is completed in batches instead of instantly. It is useful for both 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 BKID0004369.

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 Gopalmatt in Gopalmatt (Durgapur )Wb, your payment can get delayed or might not go through at all.

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 Gopalmatt, 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 Gopalmatt (Durgapur )Wb manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of India Gopalmatt Gopalmatt (Durgapur )Wb?

The IFSC Code of the Gopalmatt Gopalmatt (Durgapur )Wb branch is BKID0004369.

Is IFSC Code BKID0004369 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Bank Of India Gopalmatt branch?

The branch is located at Gopalmatt High School Gopalmattdurgapur 17.

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.