IFSC Code of Bank Of India, Mithepur, Mithepur, Punjab — BKID0006341

The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Bank Of India for its Mithepur branch in Jalandhar, Mithepur, Punjab, this complete guide will provide you with detailed information.

The banking system in India has changed over the years, and today customers of Bank Of India located in Jalandhar or anywhere in Punjab can transfer funds instantly by using the correct IFSC Code BKID0006341. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Bank Of India, Mithepur, Jalandhar

The table below shows the main details of the IFSC Code BKID0006341 for the Bank Of India branch in Jalandhar, which falls under the Mithepur district in Punjab.

These details are important not only for users using online banking but also for businesses and individuals who use Bank Of India in Jalandhar for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code BKID0006341 for the Mithepur 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 that is provided by the Reserve Bank of India. A unique IFSC like BKID0006341 is given to every bank branch, including Bank Of India located in Mithepur, Jalandhar, Punjab, 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 Jalandhar.
• 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 Jalandhar and Mithepur.
• 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 Punjab and the rest of India, which is why the IFSC Code ensures that transactions meant for Bank Of India in Mithepur doesn't end up at another location.

Format of the IFSC Code BKID0006341

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 Mithepur in Jalandhar.

For example, the IFSC Code BKID0006341 of Bank Of India for the Mithepur branch has these elements, identifying the bank and the branch location in Jalandhar and Punjab correctly.

How to Find IFSC Code for Bank Of India?

If you are trying to find the IFSC Code BKID0006341 of Bank Of India for its Mithepur branch located in Jalandhar, the following methods can help:

Cheque Book

The cheque books that are issued by Bank Of India include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

Most banks, including Bank Of India branches in Jalandhar and Mithepur, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Bank Of India and find the branch locator section. Search for Mithepur or Jalandhar to get the exact IFSC Code BKID0006341.

Mobile Banking App

If you use Bank Of India's mobile app, you can easily check your account details to find your branch's IFSC code.

RBI Website

The Reserve Bank of India maintains an updated database of all IFSC codes to help you in searching for Bank Of India and Jalandhar that will provide accurate information.

How to Use IFSC Code BKID0006341 for Online Transfers?

Once you have the IFSC Code BKID0006341 for the Mithepur branch of Bank Of India in Jalandhar, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0006341. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. You need the recipient's account details and Bank Of India IFSC Code BKID0006341.

Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Bank Of India Mithepur in Jalandhar, it can 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 Mithepur, 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 Jalandhar to handle online money transfers and get their cheques cleared smoothly.