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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Bank Of India for its Jatwara branch in Jaipur, Jaipur, or Rajasthan, this guide will help you with all the details.
There have been major changes in the banking sector in India and today, the customers of Bank Of India located in Jaipur or anywhere in Rajasthan can transfer funds instantly by using the correct IFSC Code BKID0006698. 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, Jatwara, Jaipur
The table below shows the main details of the IFSC Code BKID0006698 for the Bank Of India branch in Jaipur, which falls under the Jaipur district in Rajasthan.
| Particulars | Details |
|---|---|
| Bank | Bank Of India |
| IFSC Code | BKID0006698 |
| Branch | Jatwara |
| City | Jaipur |
| District | Jaipur |
| State | Rajasthan |
| Address | Near Jaipur Thar Gramin Bankvillage Andpost Jatwaratehsil Bassidistrict Jaipur |
These details are essential not only for online banking users but also for businesses and individuals who use Bank Of India in Jaipur for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0006698 for the Jatwara 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 that is provided by the Reserve Bank of India. A unique IFSC like BKID0006698 is given to every bank branch, including Bank Of India located in Jatwara, Jaipur, Rajasthan, 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 Jaipur.
- 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 Jaipur and Jaipur.
- 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 Rajasthan and the rest of India, which is why the IFSC Code ensures that transactions meant for Bank Of India in Jatwara doesn't end up at another location.
Format of the IFSC Code BKID0006698
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 Jatwara in Jaipur.
For example, the IFSC Code BKID0006698 of Bank Of India for the Jatwara branch includes these elements, identifying the bank and the branch location in Jaipur and Rajasthan accurately.
How to Find IFSC Code for Bank Of India?
If you are looking for the IFSC Code BKID0006698 of Bank Of India for its Jatwara branch located in Jaipur, the following methods can help:
Cheque Book
The cheque book that is issued by Bank Of India includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including Bank Of India branches in Jaipur and Jaipur, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of Bank Of India and look for the branch locator section, then search for Jatwara or Jaipur to get the exact IFSC Code BKID0006698.
Mobile Banking App
If you use Bank Of India's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Bank Of India and Jaipur, then it will provide you proper information.
How to Use IFSC Code BKID0006698 for Online Transfers?
Once you have the IFSC Code BKID0006698 for the Jatwara branch of Bank Of India in Jaipur, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code BKID0006698. The transfer is completed in batches. It is useful for both personal and business payments.
RTGS
Used for payments over ₹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 BKID0006698.
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 Jatwara in Jaipur, 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 Jatwara, 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 Jaipur to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the Jatwara Jaipur branch is BKID0006698.
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 Near Jaipur Thar Gramin Bankvillage Andpost Jatwaratehsil Bassidistrict Jaipur.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.
