There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Bank Of India for its Ramchandpura branch in Jaipur, Jaipur, Rajasthan, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of Bank Of India situated in Jaipur or anywhere in Rajasthan can easily transfer funds instantly by using the correct IFSC Code BKID0006654. You should 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, Ramchandpura, Jaipur
Below in the table are the key details related to IFSC Code BKID0006654 of Bank Of India for its branch located in Jaipur, within the district of Jaipur in the state of Rajasthan.
| Particulars | Details |
|---|---|
| Bank | Bank Of India |
| IFSC Code | BKID0006654 |
| Branch | Ramchandpura |
| City | Jaipur |
| District | Jaipur |
| State | Rajasthan |
| Address | Poornima University Campusplot No Is 2027 To Is 2031 Gram Ramchandpura |
These details helps users in online banking and for businesses and individuals who use Bank Of India in Jaipur for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0006654 for the Ramchandpura 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 provided by the Reserve Bank of India. Every bank branch, along with Bank Of India located in Ramchandpura, Jaipur, Rajasthan, are given a unique IFSC like BKID0006654 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Jaipur.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents any kind of confusion between different branches of the same bank in places like Jaipur and Jaipur.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It helps ensure that any money sent to Bank Of India in Ramchandpura goes to the correct branch. This is important because Bank Of India has thousands of branches in Rajasthan and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code BKID0006654
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 Ramchandpura in Jaipur.
For example, the IFSC Code BKID0006654 of Bank Of India for the Ramchandpura 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 BKID0006654 of Bank Of India for its Ramchandpura 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 Ramchandpura or Jaipur to get the exact IFSC Code BKID0006654.
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 BKID0006654 for Online Transfers?
If you have the IFSC Code BKID0006654 for the Ramchandpura branch of Bank Of India in Jaipur, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code BKID0006654. 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 BKID0006654.
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 Ramchandpura in Jaipur, 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 Ramchandpura, 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 is BKID0006654.
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 Poornima University Campusplot No Is 2027 To Is 2031 Gram Ramchandpura located in Jaipur, Jaipur, Rajasthan.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.