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 Chandrakh branch in Jodhpur, Osian, Rajasthan, 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 Jodhpur or anywhere in Rajasthan can transfer funds instantly by using the correct IFSC Code BKID0007867. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Bank Of India, Chandrakh, Jodhpur

Here are the main details that are associated with the IFSC Code BKID0007867 of Bank Of India for its branch located in Jodhpur, within the district of Osian in the state of Rajasthan.

Particulars Details
Bank Bank Of India
IFSC Code BKID0007867
Branch Chandrakh
City Jodhpur
District Osian
State Rajasthan
Address Gram Panchayat Sabha Bhawan,Chandrakh Gram Panchayat,Tehsil Osian,Dist Jodhpur(Rajasthan),Pin 342303

These details are important not only for users using online banking but also for businesses and individuals who use Bank Of India in Jodhpur for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code BKID0007867 for the Chandrakh 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, along with Bank Of India located in Chandrakh, Jodhpur, Rajasthan, are given a unique IFSC like BKID0007867 to ensure that online payments reach the right destination.

The IFSC Code is important because:

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

Format of the IFSC Code BKID0007867

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 Chandrakh in Jodhpur.

For example, the IFSC Code BKID0007867 of Bank Of India for the Chandrakh branch includes these elements, identifying the bank and the branch location in Jodhpur and Rajasthan accurately.

How to Find IFSC Code for Bank Of India?

If you are trying to find the IFSC Code BKID0007867 of Bank Of India for its Chandrakh branch located in Jodhpur, 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 Jodhpur and Osian, 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 Chandrakh or Jodhpur to get the exact IFSC Code BKID0007867.

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 Jodhpur that will provide accurate information.

How to Use IFSC Code BKID0007867 for Online Transfers?

Once you have the IFSC Code BKID0007867 for the Chandrakh branch of Bank Of India in Jodhpur, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code BKID0007867. 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 BKID0007867.

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 Chandrakh in Jodhpur, your payment can get delayed or might not go through at all.

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Bank Of India in Chandrakh, here are some of the ways 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.

Knowing both IFSC and MICR code can help account holders in Jodhpur manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

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

The IFSC Code is BKID0007867.

Is the IFSC Code BKID0007867 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and the IFSC is for online transfers.

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

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

What is the full address of the Chandrakh branch?

The address of the branch is Gram Panchayat Sabha Bhawan,Chandrakh Gram Panchayat,Tehsil Osian,Dist Jodhpur(Rajasthan),Pin 342303 located in Jodhpur, Osian, 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.