IFSC Code of Bank Of India, Adda Bastian, Jallandhar, Punjab- BKID0006403

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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Bank Of India for its Adda Bastian branch in Jallandhar, Jallandhar, Punjab, then this guide will give you detailed information.

The banking system has evolved significantly in India, and today the customers of Bank Of India located in Jallandhar or anywhere in Punjab can transfer funds instantly by using the correct IFSC Code BKID0006403. 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, Adda Bastian, Jallandhar

Below in the table are the key details related to IFSC Code BKID0006403 of Bank Of India for its branch located in Jallandhar, within the district of Jallandhar in the state of Punjab.

These details are important not only for users using online banking but also for businesses and individuals who use Bank Of India in Jallandhar for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code BKID0006403 for the Adda Bastian 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 Adda Bastian, Jallandhar, Punjab, is provided with a unique IFSC like BKID0006403 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It uniquely identifies the Bank Of India branch in Jallandhar.
• 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 Jallandhar and Jallandhar.
• 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 Punjab and the rest of India and the IFSC Code ensures that transactions meant for Bank Of India in Adda Bastian do not get mixed with another location.

Format of the IFSC Code BKID0006403

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 Adda Bastian in Jallandhar.

For example, the IFSC Code BKID0006403 of Bank Of India for the Adda Bastian branch includes these elements, identifying the bank and the branch location in Jallandhar and Punjab accurately.

How to Find IFSC Code for Bank Of India?

If you are trying to find the IFSC Code BKID0006403 of Bank Of India for its Adda Bastian branch located in Jallandhar, 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

Most banks, including Bank Of India branches in Jallandhar and Jallandhar, print the IFSC and MICR codes 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 Adda Bastian or Jallandhar to get the exact IFSC Code BKID0006403.

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 Jallandhar, you'll get the correct details.

How to Use IFSC Code BKID0006403 for Online Transfers?

Once you have the IFSC Code BKID0006403 for the Adda Bastian branch of Bank Of India in Jallandhar, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code BKID0006403. 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 BKID0006403.

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 Adda Bastian in Jallandhar, 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 Adda Bastian, 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 Jallandhar manage online transfers as well as cheque clearances with ease.