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 Nadsar branch in Jodhpur, Bhopalgarh, 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 Jodhpur or anywhere in Rajasthan can transfer funds instantly by using the correct IFSC Code BKID0007866. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

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

Here are some of the key details that come with the IFSC Code BKID0007866 of Bank Of India for its branch located in Jodhpur, within the district of Bhopalgarh in the state of Rajasthan.

Particulars Details
Bank Bank Of India
IFSC Code BKID0007866
Branch Nadsar
City Jodhpur
District Bhopalgarh
State Rajasthan
Address Gram Panchayat Bhawan,Nadsar Gram Panchayat,Tehsil_X0013_Bhopalgarh,Dist Jodhpur(Rajasthan),Pincode_X0013_342603

These details help users in online banking and for businesses and individuals who use Bank Of India in Jodhpur for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0007866 for the Nadsar 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, including Bank Of India located in Nadsar, Jodhpur, Rajasthan, is provided with a unique IFSC like BKID0007866 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 Bhopalgarh.
  • 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 Nadsar do not get mixed with another location.

Format of the IFSC Code BKID0007866

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 Nadsar in Jodhpur.

For example, the IFSC Code BKID0007866 of Bank Of India for the Nadsar 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 looking for the IFSC Code BKID0007866 of Bank Of India for its Nadsar branch located in Jodhpur, the following methods can help:

Cheque Book

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

Passbook

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

Bank Website

You can visit the official website of Bank Of India and look for the branch locator section, then search for Nadsar or Jodhpur to get the exact IFSC Code BKID0007866.

Mobile Banking App

If you use Bank Of India's mobile app, you can check your account details to easily find your branch's IFSC code.

RBI Website

The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Bank Of India and Jodhpur, then it will provide you proper information.

How to Use IFSC Code BKID0007866 for Online Transfers?

Once you have the IFSC Code BKID0007866 for the Nadsar branch of Bank Of India in Jodhpur, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0007866. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. You need the recipient's account details and Bank Of India IFSC Code BKID0007866.

Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Bank Of India Nadsar in Jodhpur, it can 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 Nadsar, 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)

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

The IFSC Code is BKID0007866.

Is the IFSC Code BKID0007866 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 Nadsar?

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 Nadsar branch?

The address of the branch is Gram Panchayat Bhawan,Nadsar Gram Panchayat,Tehsil_X0013_Bhopalgarh,Dist Jodhpur(Rajasthan),Pincode_X0013_342603 located in Jodhpur, Bhopalgarh, 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.