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 Hata branch in Hata (Dist. East Singhbhum), Hata Dist East Singhbhum, Jharkhand, 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 Hata (Dist. East Singhbhum) or anywhere in Jharkhand can transfer funds instantly by using the correct IFSC Code BKID0004526. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Bank Of India, Hata, Hata (Dist. East Singhbhum)
Here are the key points that are associated with the IFSC Code BKID0004526 of Bank Of India for its branch located in Hata (Dist. East Singhbhum), within the district of Hata Dist East Singhbhum in the state of Jharkhand.
| Particulars | Details |
|---|---|
| Bank | Bank Of India |
| IFSC Code | BKID0004526 |
| Branch | Hata |
| City | Hata (Dist. East Singhbhum) |
| District | Hata Dist East Singhbhum |
| State | Jharkhand |
| Address | At Hatapo Jurivia Tata Nagar Dist East Singhbhum |
These details helps users in online banking and for businesses and individuals who use Bank Of India in Hata (Dist. East Singhbhum) for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0004526 for the Hata 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 that is provided by the Reserve Bank of India. A unique IFSC like BKID0004526 is given to every bank branch, including Bank Of India located in Hata, Hata (Dist. East Singhbhum), Jharkhand, 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 Hata (Dist. East Singhbhum).
- 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 Hata (Dist. East Singhbhum) and Hata Dist East Singhbhum.
- 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 Jharkhand and the rest of India, which is why the IFSC Code ensures that transactions meant for Bank Of India in Hata doesn't end up at another location.
Format of the IFSC Code BKID0004526
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 Hata in Hata (Dist. East Singhbhum).
For example, the IFSC Code BKID0004526 of Bank Of India for the Hata branch includes these elements, identifying the bank and the branch location in Hata (Dist. East Singhbhum) and Jharkhand accurately.
How to Find IFSC Code for Bank Of India?
If you are looking for the IFSC Code BKID0004526 of Bank Of India for its Hata branch located in Hata (Dist. East Singhbhum), 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 Hata (Dist. East Singhbhum) and Hata Dist East Singhbhum, 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 Hata or Hata (Dist. East Singhbhum) to get the exact IFSC Code BKID0004526.
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 Hata (Dist. East Singhbhum), then it will provide you proper information.
How to Use IFSC Code BKID0004526 for Online Transfers?
Once you have the IFSC Code BKID0004526 for the Hata branch of Bank Of India in Hata (Dist. East Singhbhum), you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code BKID0004526. The transfer is completed in batches. It is useful for both personal and business payments.
RTGS
Used for payments over ₹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 BKID0004526.
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 Hata in Hata (Dist. East Singhbhum), your payment can get delayed or might not go through at all.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Bank Of India in Hata, you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go to the first page of your passbook.
- Visit the official Bank Of India website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Hata (Dist. East Singhbhum) manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is BKID0004526.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is At Hatapo Jurivia Tata Nagar Dist East Singhbhum located in Hata (Dist. East Singhbhum), Hata Dist East Singhbhum, Jharkhand.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.