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 Jhalawar branch in Jhalawar, Jhalawar, Rajasthan, 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 Jhalawar or anywhere in Rajasthan can transfer funds instantly by using the correct IFSC Code BKID0006677. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Bank Of India, Jhalawar, Jhalawar

Here are some of the key details that come with the IFSC Code BKID0006677 of Bank Of India for its branch located in Jhalawar, within the district of Jhalawar in the state of Rajasthan.

Particulars Details
Bank Bank Of India
IFSC Code BKID0006677
Branch Jhalawar
City Jhalawar
District Jhalawar
State Rajasthan
Address Opposite Gayatri Temple National Highway 12Jhalawar Pin 326001 Rajasthan

These details help users in online banking and for businesses and individuals who use Bank Of India in Jhalawar for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0006677 for the Jhalawar branch of Bank Of India has a very important 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 Jhalawar, Jhalawar, Rajasthan, are allotted a unique IFSC like BKID0006677 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Jhalawar.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Jhalawar and Jhalawar.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It makes sure that money sent to Bank Of India in Jhalawar reaches the right place, even though there are thousands of branches in Rajasthan and across India.

Format of the IFSC Code BKID0006677

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): 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 Jhalawar in Jhalawar.

For example, the IFSC Code BKID0006677 of Bank Of India for the Jhalawar branch includes these elements, identifying the bank and the branch location in Jhalawar and Rajasthan accurately.

How to Find IFSC Code for Bank Of India?

If you are trying to find the IFSC Code BKID0006677 of Bank Of India for its Jhalawar branch located in Jhalawar, 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 Jhalawar and Jhalawar, 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 Jhalawar or Jhalawar to get the exact IFSC Code BKID0006677.

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 Jhalawar, you'll get the correct details.

How to Use IFSC Code BKID0006677 for Online Transfers?

Once you have the IFSC Code BKID0006677 for the Jhalawar branch of Bank Of India in Jhalawar, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0006677. 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 BKID0006677.

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 Jhalawar in Jhalawar 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 Jhalawar, 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 Jhalawar to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of India in Jhalawar, Jhalawar?

The IFSC Code is BKID0006677.

Is the IFSC Code BKID0006677 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Bank Of India Jhalawar?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Jhalawar branch?

The address of the branch is Opposite Gayatri Temple National Highway 12Jhalawar Pin 326001 Rajasthan located in Jhalawar, Jhalawar, Rajasthan.

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.