IFSC Code of Bank Of India, Hatadihi, Hatadihi District Keonjhar, Odisha — BKID0005408

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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Bank Of India for its Hatadihi branch in Hatadihi (District Keonjhar), Hatadihi District Keonjhar, Odisha, then this guide will give you detailed information.

The banking system has evolved significantly in India, and today the customers of Bank Of India located in Hatadihi (District Keonjhar) or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code BKID0005408. 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, Hatadihi, Hatadihi (District Keonjhar)

The table below shows the main details of the IFSC Code BKID0005408 for the Bank Of India branch in Hatadihi (District Keonjhar), which falls under the Hatadihi District Keonjhar district in Odisha.

These details are crucial, not just for online banking users but also for businesses and individuals who use Bank Of India in Hatadihi (District Keonjhar) for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0005408 for the Hatadihi branch of Bank Of India has 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 BKID0005408 is given to every bank branch, including Bank Of India located in Hatadihi, Hatadihi (District Keonjhar), Odisha, 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 Hatadihi (District Keonjhar).
• 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 Hatadihi (District Keonjhar) and Hatadihi District Keonjhar.
• 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 Odisha and the rest of India, which is why the IFSC Code ensures that transactions meant for Bank Of India in Hatadihi doesn't end up at another location.

Format of the IFSC Code BKID0005408

This is the format of the IFSC Code for banks, including Bank Of India, follows an 11-character structure:

AAAA0CCCCCC

Here's the explanation:

• First 4 characters (AAAA): This is the bank code. For Bank Of India, these characters are the bank's short identifier.
• 5th character (0): This stays zero till there is any future use.
• Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Hatadihi in Hatadihi (District Keonjhar).

For example, the IFSC Code BKID0005408 of Bank Of India for the Hatadihi branch includes these elements, identifying the bank and the branch location in Hatadihi (District Keonjhar) and Odisha accurately.

How to Find IFSC Code for Bank Of India?

If you are trying to find the IFSC Code BKID0005408 of Bank Of India for its Hatadihi branch located in Hatadihi (District 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

Most banks, including Bank Of India branches in Hatadihi (District Keonjhar) and Hatadihi District Keonjhar, print the IFSC and MICR codes 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 Hatadihi or Hatadihi (District Keonjhar) to get the exact IFSC Code BKID0005408.

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 Hatadihi (District Keonjhar), you'll get the correct details.

How to Use IFSC Code BKID0005408 for Online Transfers?

Once you have the IFSC Code BKID0005408 for the Hatadihi branch of Bank Of India in Hatadihi (District Keonjhar), you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code BKID0005408. 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 BKID0005408.

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 Hatadihi in Hatadihi (District Keonjhar), your payment can get delayed or might not go through at all.

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 Hatadihi, 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 Hatadihi (District Keonjhar) manage online transfers as well as cheque clearances with ease.