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 Hansi branch in Hissar, Hansi, Haryana, 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 Hissar or anywhere in Haryana can easily transfer funds instantly by using the correct IFSC Code BKID0006792. 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, Hansi, Hissar

Here are some of the key details that come with the IFSC Code BKID0006792 of Bank Of India for its branch located in Hissar, within the district of Hansi in the state of Haryana.

Particulars Details
Bank Bank Of India
IFSC Code BKID0006792
Branch Hansi
City Hissar
District Hansi
State Haryana
Address Bank Of India, 1727 16, Kali Devi Road Colony, Hansi, District Hissar, State Haryana 125033

These details are essential not only for online banking users but also for businesses and individuals who use Bank Of India in Hissar for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0006792 for the Hansi 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 provided by the Reserve Bank of India. Every bank branch, including Bank Of India located in Hansi, Hissar, Haryana, is provided with a unique IFSC like BKID0006792 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the Bank Of India branch in Hissar.
  • 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 Hissar and Hansi.
  • 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 Haryana and the rest of India and the IFSC Code ensures that transactions meant for Bank Of India in Hansi do not get mixed with another location.

Format of the IFSC Code BKID0006792

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 Hansi in Hissar.

For example, the IFSC Code BKID0006792 of Bank Of India for the Hansi branch includes these elements, identifying the bank and the branch location in Hissar and Haryana accurately.

How to Find IFSC Code for Bank Of India?

If you are trying to find the IFSC Code BKID0006792 of Bank Of India for its Hansi branch located in Hissar, 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 Hissar and Hansi, 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 Hansi or Hissar to get the exact IFSC Code BKID0006792.

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 Hissar, you'll get the correct details.

How to Use IFSC Code BKID0006792 for Online Transfers?

Once you have the IFSC Code BKID0006792 for the Hansi branch of Bank Of India in Hissar, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code BKID0006792. 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 BKID0006792.

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 Hansi in Hissar, 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 Hansi, here are some ways to obtain 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.

Having both the IFSC and MICR codes makes it easy for account holders in Hissar to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of India in Hansi, Hissar?

The IFSC Code is BKID0006792.

Is the IFSC Code BKID0006792 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 Hansi?

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 Hansi branch?

The address of the branch is Bank Of India, 1727 16, Kali Devi Road Colony, Hansi, District Hissar, State Haryana 125033 located in Hissar, Hansi, Haryana.

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.