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 Jagadhri branch in Jagadhari, Jagadhari, Haryana, 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 Jagadhari or anywhere in Haryana can transfer funds instantly by using the correct IFSC Code BKID0006712. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Bank Of India, Jagadhri, Jagadhari
Here are the key points that are associated with the IFSC Code BKID0006712 of Bank Of India for its branch located in Jagadhari, within the district of Jagadhari in the state of Haryana.
| Particulars | Details |
|---|---|
| Bank | Bank Of India |
| IFSC Code | BKID0006712 |
| Branch | Jagadhri |
| City | Jagadhari |
| District | Jagadhari |
| State | Haryana |
| Address | Raja Sahib Streetkhera Bazar Jagadhri |
These details are crucial, not just for online banking users but also for businesses and individuals who use Bank Of India in Jagadhari for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0006712 for the Jagadhri 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 provided by the Reserve Bank of India. Every bank branch, along with Bank Of India located in Jagadhri, Jagadhari, Haryana, are allotted a unique IFSC like BKID0006712 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Jagadhari.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Jagadhari and Jagadhari.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to Bank Of India in Jagadhri reaches the right place, even though there are thousands of branches in Haryana and across India.
Format of the IFSC Code BKID0006712
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): These represent the bank code. In Bank Of India, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Jagadhri in Jagadhari.
For example, the IFSC Code BKID0006712 of Bank Of India for the Jagadhri branch has these elements, identifying the bank and the branch location in Jagadhari and Haryana correctly.
How to Find IFSC Code for Bank Of India?
If you are trying to find the IFSC Code BKID0006712 of Bank Of India for its Jagadhri branch located in Jagadhari, 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 Jagadhari and Jagadhari, 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 Jagadhri or Jagadhari to get the exact IFSC Code BKID0006712.
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 Jagadhari, you'll get the correct details.
How to Use IFSC Code BKID0006712 for Online Transfers?
Once you have the IFSC Code BKID0006712 for the Jagadhri branch of Bank Of India in Jagadhari, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code BKID0006712. 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 BKID0006712.
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 Jagadhri in Jagadhari 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 Jagadhri, 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 Jagadhari manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Jagadhri Jagadhari branch is BKID0006712.
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 Raja Sahib Streetkhera Bazar Jagadhri.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.