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 Subhash Nagar branch in Jaipur, Jaipur, Rajasthan, 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 Jaipur or anywhere in Rajasthan can transfer funds instantly by using the correct IFSC Code BKID0007484. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Bank Of India, Subhash Nagar, Jaipur

Below in the table are the key details related to IFSC Code BKID0007484 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 BKID0007484
Branch Subhash Nagar
City Jaipur
District Jaipur
State Rajasthan
Address Plot No D 4 Swarankar Colony Rpa Road Nehru Nagar Jaipur 302016 Rajasthan

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 BKID0007484 for the Subhash Nagar 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 BKID0007484 is given to every bank branch, including Bank Of India located in Subhash Nagar, 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 Subhash Nagar doesn't end up at another location.

Format of the IFSC Code BKID0007484

This is the format of the IFSC Code for banks, including Bank Of India, follows an 11-character structure:

AAAA0CCCCCC

Here's the explanation:

  • First 4 characters (AAAA): This is the bank code. For Bank Of India, these characters are the bank's short identifier.
  • 5th character (0): This stays zero till there is any future use.
  • Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Subhash Nagar in Jaipur.

For example, the IFSC Code BKID0007484 of Bank Of India for the Subhash Nagar 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 BKID0007484 of Bank Of India for its Subhash Nagar 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 Subhash Nagar or Jaipur to get the exact IFSC Code BKID0007484.

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 BKID0007484 for Online Transfers?

Once you have the IFSC Code BKID0007484 for the Subhash Nagar branch of Bank Of India in Jaipur, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0007484. 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 BKID0007484.

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 Subhash Nagar in Jaipur 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 Subhash Nagar, 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 Jaipur manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of India in Subhash Nagar, Jaipur?

The IFSC Code is BKID0007484.

Is the IFSC Code BKID0007484 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Bank Of India Subhash Nagar?

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

What is the full address of the Subhash Nagar branch?

The address of the branch is Plot No D 4 Swarankar Colony Rpa Road Nehru Nagar Jaipur 302016 Rajasthan located in Jaipur, Jaipur, Rajasthan.

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.

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