IFSC Code of Bank Of India, Hambran, Hambran Dist Ludhiana, Punjab — BKID0006522

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 Hambran branch in Hambran (Dist. Ludhiana), Hambran Dist Ludhiana, Punjab, 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 Hambran (Dist. Ludhiana) or anywhere in Punjab can easily transfer funds instantly by using the correct IFSC Code BKID0006522. 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, Hambran, Hambran (Dist. Ludhiana)

Here are the main details that are associated with the IFSC Code BKID0006522 of Bank Of India for its branch located in Hambran (Dist. Ludhiana), within the district of Hambran Dist Ludhiana in the state of Punjab.

These details are essential not only for online banking users but also for businesses and individuals who use Bank Of India in Hambran (Dist. Ludhiana) for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0006522 for the Hambran 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 that is provided by the Reserve Bank of India. A unique IFSC like BKID0006522 is given to every bank branch, including Bank Of India located in Hambran, Hambran (Dist. Ludhiana), Punjab, 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 Hambran (Dist. Ludhiana).
• 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 Hambran (Dist. Ludhiana) and Hambran Dist Ludhiana.
• 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 Punjab and the rest of India, which is why the IFSC Code ensures that transactions meant for Bank Of India in Hambran doesn't end up at another location.

Format of the IFSC Code BKID0006522

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 Hambran in Hambran (Dist. Ludhiana).

For example, the IFSC Code BKID0006522 of Bank Of India for the Hambran branch includes these elements, identifying the bank and the branch location in Hambran (Dist. Ludhiana) and Punjab accurately.

How to Find IFSC Code for Bank Of India?

If you are looking for the IFSC Code BKID0006522 of Bank Of India for its Hambran branch located in Hambran (Dist. Ludhiana), the following methods can help:

Cheque Book

The cheque book that is issued by Bank Of India includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.

Passbook

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

Bank Website

You can visit the official website of Bank Of India and look for the branch locator section, then search for Hambran or Hambran (Dist. Ludhiana) to get the exact IFSC Code BKID0006522.

Mobile Banking App

If you use Bank Of India's mobile app, you can check your account details to easily find your branch's IFSC code.

RBI Website

The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Bank Of India and Hambran (Dist. Ludhiana), then it will provide you proper information.

How to Use IFSC Code BKID0006522 for Online Transfers?

If you have the IFSC Code BKID0006522 for the Hambran branch of Bank Of India in Hambran (Dist. Ludhiana), you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0006522. Transfers are processed in batches. 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. Asks for the recipient's account details and Bank Of India IFSC Code BKID0006522.

Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Bank Of India Hambran in Hambran (Dist. Ludhiana), it 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 Hambran, 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 Hambran (Dist. Ludhiana) manage their online transfers and cheque clearances easily.