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 Jamsola branch in Jajsola (Distt Mayurbhanj), Jajsola Distt Mayurbhanj, Odisha, 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 Jajsola (Distt Mayurbhanj) or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code BKID0005513. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Bank Of India, Jamsola, Jajsola (Distt Mayurbhanj)

Here are the key points that are associated with the IFSC Code BKID0005513 of Bank Of India for its branch located in Jajsola (Distt Mayurbhanj), within the district of Jajsola Distt Mayurbhanj in the state of Odisha.

Particulars Details
Bank Bank Of India
IFSC Code BKID0005513
Branch Jamsola
City Jajsola (Distt Mayurbhanj)
District Jajsola Distt Mayurbhanj
State Odisha
Address At Post Jamsoladistt Mayurbhanj

These details are important not only for users using online banking but also for businesses and individuals who use Bank Of India in Jajsola (Distt Mayurbhanj) for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code BKID0005513 for the Jamsola branch of Bank Of India is vital.

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, including Bank Of India located in Jamsola, Jajsola (Distt Mayurbhanj), Odisha, is provided with a unique IFSC like BKID0005513 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the Bank Of India branch in Jajsola (Distt Mayurbhanj).
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any errors or confusions between multiple branches of the same bank across different places like Jajsola (Distt Mayurbhanj) and Jajsola Distt Mayurbhanj.
  • It reduces errors in fund transfers and improves accuracy.
  • It allows sender banks to validate and confirm branch details before processing payments.

There are thousands of branches across Odisha and the rest of India and the IFSC Code ensures that transactions meant for Bank Of India in Jamsola do not get mixed with another location.

Format of the IFSC Code BKID0005513

The format of the IFSC Code for banks, including Bank Of India, has an 11-character structure:

AAAA0CCCCCC

Here's the breakdown:

  • First 4 characters (AAAA): Show the bank code. For Bank Of India, these letters represent the bank's short name.
  • 5th character: Is always zero and is kept for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Jamsola in Jajsola (Distt Mayurbhanj).

For example, the IFSC Code BKID0005513 of Bank Of India for the Jamsola branch includes these elements, identifying the bank and the branch location in Jajsola (Distt Mayurbhanj) and Odisha correctly.

How to Find IFSC Code for Bank Of India?

If you are trying to find the IFSC Code BKID0005513 of Bank Of India for its Jamsola branch located in Jajsola (Distt Mayurbhanj), 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

You can easily find the IFSC and MICR codes because most banks, including Bank Of India branches in Jajsola (Distt Mayurbhanj) and Jajsola Distt Mayurbhanj, print them 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 Jamsola or Jajsola (Distt Mayurbhanj) to get the exact IFSC Code BKID0005513.

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 Jajsola (Distt Mayurbhanj), you'll get the correct details.

How to Use IFSC Code BKID0005513 for Online Transfers?

Once you have the IFSC Code BKID0005513 for the Jamsola branch of Bank Of India in Jajsola (Distt Mayurbhanj), you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0005513. 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 BKID0005513.

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 Jamsola in Jajsola (Distt Mayurbhanj) 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 Jamsola, here are some ways that you can get 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.

If you know both IFSC and MICR codes, then it can help account holders in Jajsola (Distt Mayurbhanj) manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of India in Jamsola, Jajsola (Distt Mayurbhanj)?

The IFSC Code is BKID0005513.

Is the IFSC Code BKID0005513 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 Jamsola?

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 Jamsola branch?

The address of the branch is At Post Jamsoladistt Mayurbhanj located in Jajsola (Distt Mayurbhanj), Jajsola Distt Mayurbhanj, Odisha.

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.