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 Bhandarhati branch in Hoogly, Hoogly, West Bengal, 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 Hoogly or anywhere in West Bengal can transfer funds instantly by using the correct IFSC Code BKID0004367. 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, Bhandarhati, Hoogly
The table below shows the main details of the IFSC Code BKID0004367 for the Bank Of India branch in Hoogly, which falls under the Hoogly district in West Bengal.
| Particulars | Details |
|---|---|
| Bank | Bank Of India |
| IFSC Code | BKID0004367 |
| Branch | Bhandarhati |
| City | Hoogly |
| District | Hoogly |
| State | West Bengal |
| Address | Vill Bhandarhati Near Bus Standpo Dhaniakhali |
These details helps users in online banking and for businesses and individuals who use Bank Of India in Hoogly for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0004367 for the Bhandarhati 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 BKID0004367 is given to every bank branch, including Bank Of India located in Bhandarhati, Hoogly, West Bengal, 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 Hoogly.
- 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 Hoogly and Hoogly.
- 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 West Bengal and the rest of India, which is why the IFSC Code ensures that transactions meant for Bank Of India in Bhandarhati doesn't end up at another location.
Format of the IFSC Code BKID0004367
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 Bhandarhati in Hoogly.
For example, the IFSC Code BKID0004367 of Bank Of India for the Bhandarhati branch includes these elements, identifying the bank and the branch location in Hoogly and West Bengal accurately.
How to Find IFSC Code for Bank Of India?
If you are trying to find the IFSC Code BKID0004367 of Bank Of India for its Bhandarhati branch located in Hoogly, 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 Hoogly and Hoogly, 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 Bhandarhati or Hoogly to get the exact IFSC Code BKID0004367.
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 Hoogly, you'll get the correct details.
How to Use IFSC Code BKID0004367 for Online Transfers?
If you have the IFSC Code BKID0004367 for the Bhandarhati branch of Bank Of India in Hoogly, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code BKID0004367. 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 BKID0004367.
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 Bhandarhati in Hoogly, it may 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 Bhandarhati, 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 Hoogly to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is BKID0004367.
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 Vill Bhandarhati Near Bus Standpo Dhaniakhali located in Hoogly, Hoogly, West Bengal.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.