IFSC Code of Bank Of India, Circuit House, Jamshedpur, Jharkhand — BKID0004507

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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Bank Of India for its Circuit House branch in Jamshedpur, Jamshedpur, or Jharkhand, this guide will help you with all the details.

There have been major changes in the banking sector in India and today, the customers of Bank Of India located in Jamshedpur or anywhere in Jharkhand can transfer funds instantly by using the correct IFSC Code BKID0004507. 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, Circuit House, Jamshedpur

Here are some of the key details that come with the IFSC Code BKID0004507 of Bank Of India for its branch located in Jamshedpur, within the district of Jamshedpur in the state of Jharkhand.

These details helps users in online banking and for businesses and individuals who use Bank Of India in Jamshedpur for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0004507 for the Circuit House 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 Circuit House, Jamshedpur, Jharkhand, are given a unique IFSC like BKID0004507 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It clearly tells which bank branch it is in Jamshedpur.
• 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 Jamshedpur and Jamshedpur.
• 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 Circuit House goes to the correct branch. This is important because Bank Of India has thousands of branches in Jharkhand and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code BKID0004507

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 Circuit House in Jamshedpur.

For example, the IFSC Code BKID0004507 of Bank Of India for the Circuit House branch includes these elements, identifying the bank and the branch location in Jamshedpur and Jharkhand accurately.

How to Find IFSC Code for Bank Of India?

To find the IFSC Code BKID0004507 of Bank Of India for its Circuit House branch located in Jamshedpur, the following methods can help you out:

Cheque Book

The cheque book issued by Bank Of India includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.

Passbook

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

Bank Website

Visit the official website of Bank Of India and go to the branch locator section. Then search for Circuit House or Jamshedpur to find the exact IFSC Code BKID0004507.

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 maintains an updated database of all IFSC codes. Searching for Bank Of India and Jamshedpur will provide accurate information.

How to Use IFSC Code BKID0004507 for Online Transfers?

If you have the IFSC Code BKID0004507 for the Circuit House branch of Bank Of India in Jamshedpur, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0004507. 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 BKID0004507.

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 Circuit House in Jamshedpur, 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 Circuit House, 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 Jamshedpur to handle online money transfers and get their cheques cleared smoothly.