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IFSC Code of Bank Of India, Pilibanga, Hanumangarh, Rajasthan — BKID0007470

The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Bank Of India for its Pilibanga branch in Hanumangarh, Hanumangarh, Rajasthan, this complete guide will provide you with detailed information.

The banking system in India has changed over the years, and today customers of Bank Of India located in Hanumangarh or anywhere in Rajasthan can transfer funds instantly by using the correct IFSC Code BKID0007470. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Bank Of India, Pilibanga, Hanumangarh

Here are some of the key details that come with the IFSC Code BKID0007470 of Bank Of India for its branch located in Hanumangarh, within the district of Hanumangarh in the state of Rajasthan.

Particulars Details
Bank Bank Of India
IFSC Code BKID0007470
Branch Pilibanga
City Hanumangarh
District Hanumangarh
State Rajasthan
Address Sector No 1 Ward No 9 Bank Road Pilibang

These details are important not only for users using online banking but also for businesses and individuals who use Bank Of India in Hanumangarh for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code BKID0007470 for the Pilibanga branch of Bank Of India is vital.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Bank Of India located in Pilibanga, Hanumangarh, Rajasthan, is provided a unique IFSC like BKID0007470 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Bank Of India branch in Hanumangarh.
  • Helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any confusions between multiple branches of the same bank across different places like Hanumangarh and Hanumangarh.
  • It reduces most of the errors in fund transfers and makes sure its accuracy.
  • It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Rajasthan and the rest of India, the IFSC Code ensures that transactions meant for Bank Of India in Pilibanga do not get misguided to another person.

Format of the IFSC Code BKID0007470

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): These represent the bank code. In Bank Of India, they are a short identifier for the bank.
  • 5th character (0): This is always zero and is reserved for future use.
  • Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Pilibanga in Hanumangarh.

For example, the IFSC Code BKID0007470 of Bank Of India for the Pilibanga branch has these elements, identifying the bank and the branch location in Hanumangarh and Rajasthan correctly.

How to Find IFSC Code for Bank Of India?

If you are looking for the IFSC Code BKID0007470 of Bank Of India for its Pilibanga branch located in Hanumangarh, 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 Hanumangarh and Hanumangarh, 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 Pilibanga or Hanumangarh to get the exact IFSC Code BKID0007470.

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 Hanumangarh, then it will provide you proper information.

How to Use IFSC Code BKID0007470 for Online Transfers?

Once you have the IFSC Code BKID0007470 for the Pilibanga branch of Bank Of India in Hanumangarh, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0007470. 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 BKID0007470.

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 Pilibanga in Hanumangarh, 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 Pilibanga, here are some ways that 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.

If you know both IFSC and MICR codes, then it can help account holders in Hanumangarh manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of India in Pilibanga, Hanumangarh?

The IFSC Code is BKID0007470.

Is the IFSC Code BKID0007470 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and IFSC is for online transfers.

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

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Pilibanga branch?

The address of the branch is Sector No 1 Ward No 9 Bank Road Pilibang located in Hanumangarh, Hanumangarh, Rajasthan.

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.

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