IFSC Code of Bank Of India, Narayanpur, Jamtara, Jharkhand — BKID0004767

There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Bank Of India for its Narayanpur branch in Jamtara, Jamtara, Jharkhand, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of Bank Of India situated in Jamtara or anywhere in Jharkhand can easily transfer funds instantly by using the correct IFSC Code BKID0004767. You should 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, Narayanpur, Jamtara

Below in the table are the key details related to IFSC Code BKID0004767 of Bank Of India for its branch located in Jamtara, within the district of Jamtara in the state of Jharkhand.

These details are crucial, not just for online banking users but also for businesses and individuals who use Bank Of India in Jamtara for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0004767 for the Narayanpur branch of Bank Of India has 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 BKID0004767 is given to every bank branch, including Bank Of India located in Narayanpur, Jamtara, Jharkhand, 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 Jamtara.
• 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 Jamtara and Jamtara.
• 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 Jharkhand and the rest of India, which is why the IFSC Code ensures that transactions meant for Bank Of India in Narayanpur doesn't end up at another location.

Format of the IFSC Code BKID0004767

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 Narayanpur in Jamtara.

For example, the IFSC Code BKID0004767 of Bank Of India for the Narayanpur branch includes these elements, identifying the bank and the branch location in Jamtara and Jharkhand correctly.

How to Find IFSC Code for Bank Of India?

If you are trying to find the IFSC Code BKID0004767 of Bank Of India for its Narayanpur branch located in Jamtara, 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 Jamtara and Jamtara, 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 Narayanpur or Jamtara to get the exact IFSC Code BKID0004767.

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 Jamtara, you'll get the correct details.

How to Use IFSC Code BKID0004767 for Online Transfers?

Once you have the IFSC Code BKID0004767 for the Narayanpur branch of Bank Of India in Jamtara, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code BKID0004767. The transfer is completed in batches instead of instantly. It is useful for both 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 BKID0004767.

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 Narayanpur in Jamtara, your payment can get delayed or might not go through at all.

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 Narayanpur, 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 Jamtara manage online transfers as well as cheque clearances with ease.