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 Ichak More branch in Ichak More (Jd), Ichak More Jd, Jharkhand, 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 Ichak More (Jd) or anywhere in Jharkhand can transfer funds instantly by using the correct IFSC Code BKID0004938. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Bank Of India, Ichak More, Ichak More (Jd)

Here are the main details that are associated with the IFSC Code BKID0004938 of Bank Of India for its branch located in Ichak More (Jd), within the district of Ichak More Jd in the state of Jharkhand.

Particulars Details
Bank Bank Of India
IFSC Code BKID0004938
Branch Ichak More
City Ichak More (Jd)
District Ichak More Jd
State Jharkhand
Address At Po Ichak Moredisthazaribag Jharkhandtel 06548 285004

These details are important not only for users using online banking but also for businesses and individuals who use Bank Of India in Ichak More (Jd) for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code BKID0004938 for the Ichak More branch of Bank Of India is vital.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Bank Of India located in Ichak More, Ichak More (Jd), Jharkhand, is provided a unique IFSC like BKID0004938 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Bank Of India branch in Ichak More (Jd).
  • Helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any confusions between multiple branches of the same bank across different places like Ichak More (Jd) and Ichak More Jd.
  • It reduces most of the errors in fund transfers and makes sure its accuracy.
  • It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Jharkhand and the rest of India, the IFSC Code ensures that transactions meant for Bank Of India in Ichak More do not get misguided to another person.

Format of the IFSC Code BKID0004938

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 Ichak More in Ichak More (Jd).

For example, the IFSC Code BKID0004938 of Bank Of India for the Ichak More branch includes these elements, identifying the bank and the branch location in Ichak More (Jd) and Jharkhand accurately.

How to Find IFSC Code for Bank Of India?

If you are trying to find the IFSC Code BKID0004938 of Bank Of India for its Ichak More branch located in Ichak More (Jd), 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 Ichak More (Jd) and Ichak More Jd, 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 Ichak More or Ichak More (Jd) to get the exact IFSC Code BKID0004938.

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 Ichak More (Jd), you'll get the correct details.

How to Use IFSC Code BKID0004938 for Online Transfers?

Once you have the IFSC Code BKID0004938 for the Ichak More branch of Bank Of India in Ichak More (Jd), you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code BKID0004938. 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 BKID0004938.

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 Ichak More in Ichak More (Jd), 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 Ichak More, 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 Ichak More (Jd) 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 Ichak More, Ichak More (Jd)?

The IFSC Code is BKID0004938.

Is the IFSC Code BKID0004938 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and the IFSC is for online transfers.

Where can I find the IFSC Code of Bank Of India Ichak More?

You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Ichak More branch?

The address of the branch is At Po Ichak Moredisthazaribag Jharkhandtel 06548 285004 located in Ichak More (Jd), Ichak More Jd, Jharkhand.

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.