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 Madla Kalan branch in Jodhpur, Pokaran, Rajasthan, 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 Jodhpur or anywhere in Rajasthan can easily transfer funds instantly by using the correct IFSC Code BKID0007865. 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, Madla Kalan, Jodhpur
Here are the key points that are associated with the IFSC Code BKID0007865 of Bank Of India for its branch located in Jodhpur, within the district of Pokaran in the state of Rajasthan.
| Particulars | Details |
|---|---|
| Bank | Bank Of India |
| IFSC Code | BKID0007865 |
| Branch | Madla Kalan |
| City | Jodhpur |
| District | Pokaran |
| State | Rajasthan |
| Address | Gram Panchayat Bhawan,Madla Kalan Gram Panchayat,Tehsil Dechu,Dist Jodhpur(Rajasthan),Pincode 342314 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Bank Of India in Jodhpur for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0007865 for the Madla Kalan 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 provided by the Reserve Bank of India. Every bank branch, including Bank Of India located in Madla Kalan, Jodhpur, Rajasthan, is provided with a unique IFSC like BKID0007865 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Bank Of India branch in Jodhpur.
- 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 Jodhpur and Pokaran.
- 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 Rajasthan and the rest of India and the IFSC Code ensures that transactions meant for Bank Of India in Madla Kalan do not get mixed with another location.
Format of the IFSC Code BKID0007865
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): These represent the bank code. In Bank Of India, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Madla Kalan in Jodhpur.
For example, the IFSC Code BKID0007865 of Bank Of India for the Madla Kalan branch has these elements, identifying the bank and the branch location in Jodhpur and Rajasthan correctly.
How to Find IFSC Code for Bank Of India?
If you are trying to find the IFSC Code BKID0007865 of Bank Of India for its Madla Kalan 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 Pokaran, 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 Madla Kalan or Jodhpur to get the exact IFSC Code BKID0007865.
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 BKID0007865 for Online Transfers?
Once you have the IFSC Code BKID0007865 for the Madla Kalan 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 BKID0007865. 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 BKID0007865.
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 Madla Kalan 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 differ from IFSC codes. If you are looking for the MICR code of Bank Of India in Madla Kalan, 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 Jodhpur to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the Madla Kalan Jodhpur branch is BKID0007865.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Gram Panchayat Bhawan,Madla Kalan Gram Panchayat,Tehsil Dechu,Dist Jodhpur(Rajasthan),Pincode 342314.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.