For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Bank Of India for its Baksha branch in Hugli, Hugli Chinsurah, West Bengal, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today customers of Bank Of India located in Hugli or anywhere in West Bengal can transfer funds instantly by using the correct IFSC Code BKID0004196. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Bank Of India, Baksha, Hugli
Here are the key points that are associated with the IFSC Code BKID0004196 of Bank Of India for its branch located in Hugli, within the district of Hugli Chinsurah in the state of West Bengal.
| Particulars | Details |
|---|---|
| Bank | Bank Of India |
| IFSC Code | BKID0004196 |
| Branch | Baksha |
| City | Hugli |
| District | Hugli Chinsurah |
| State | West Bengal |
| Address | Vill And Po Baksha Ps Chanditala Dist Hooghly Pin 722152 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Bank Of India in Hugli for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0004196 for the Baksha 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 BKID0004196 is given to every bank branch, including Bank Of India located in Baksha, Hugli, 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 Hugli.
- 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 Hugli and Hugli Chinsurah.
- 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 Baksha doesn't end up at another location.
Format of the IFSC Code BKID0004196
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): Show the bank code. For Bank Of India, these letters represent the bank's short name.
- 5th character: Is always zero and is kept for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Baksha in Hugli.
For example, the IFSC Code BKID0004196 of Bank Of India for the Baksha branch includes these elements, identifying the bank and the branch location in Hugli and West Bengal accurately.
How to Find IFSC Code for Bank Of India?
To find the IFSC Code BKID0004196 of Bank Of India for its Baksha branch located in Hugli, the following methods can help you out:
Cheque Book
The cheque book issued by Bank Of India includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Bank Of India branches in Hugli and Hugli Chinsurah, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Bank Of India and go to the branch locator section. Then search for Baksha or Hugli to find the exact IFSC Code BKID0004196.
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 maintains an updated database of all IFSC codes. Searching for Bank Of India and Hugli will provide accurate information.
How to Use IFSC Code BKID0004196 for Online Transfers?
Once you have the IFSC Code BKID0004196 for the Baksha branch of Bank Of India in Hugli, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code BKID0004196. Transfers are processed in batches. This is 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. Requires the recipient's account details and Bank Of India IFSC Code BKID0004196.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Bank Of India Baksha in Hugli may result in delayed or failed transactions.
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 Baksha, 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 Hugli manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Baksha Hugli branch is BKID0004196.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Vill And Po Baksha Ps Chanditala Dist Hooghly Pin 722152.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.
