IFSC Code of Bank Of India, Kandra, Kandra Dist Dhanbad, Jharkhand- BKID0004732

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 Kandra branch in Kandra (Dist. Dhanbad), Kandra Dist Dhanbad, Jharkhand, 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 Kandra (Dist. Dhanbad) or anywhere in Jharkhand can transfer funds instantly by using the correct IFSC Code BKID0004732. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Bank Of India, Kandra, Kandra (Dist. Dhanbad)

Here are the key points that are associated with the IFSC Code BKID0004732 of Bank Of India for its branch located in Kandra (Dist. Dhanbad), within the district of Kandra Dist Dhanbad in the state of Jharkhand.

These details help users in online banking and for businesses and individuals who use Bank Of India in Kandra (Dist. Dhanbad) for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0004732 for the Kandra 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 Kandra, Kandra (Dist. Dhanbad), Jharkhand, are given a unique IFSC like BKID0004732 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It clearly tells which bank branch it is in Kandra (Dist. Dhanbad).
• 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 Kandra (Dist. Dhanbad) and Kandra Dist Dhanbad.
• 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 Kandra goes to the correct branch. This is important because Bank Of India has thousands of branches in Jharkhand and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code BKID0004732

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 Kandra in Kandra (Dist. Dhanbad).

For example, the IFSC Code BKID0004732 of Bank Of India for the Kandra branch includes these elements, identifying the bank and the branch location in Kandra (Dist. Dhanbad) and Jharkhand correctly.

How to Find IFSC Code for Bank Of India?

To find the IFSC Code BKID0004732 of Bank Of India for its Kandra branch located in Kandra (Dist. Dhanbad), the following methods can help you out:

Cheque Book

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

Passbook

Most banks, including Bank Of India branches in Kandra (Dist. Dhanbad) and Kandra Dist Dhanbad, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Bank Of India and go to the branch locator section. Then search for Kandra or Kandra (Dist. Dhanbad) to find the exact IFSC Code BKID0004732.

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 maintains an updated database of all IFSC codes. Searching for Bank Of India and Kandra (Dist. Dhanbad) will provide accurate information.

How to Use IFSC Code BKID0004732 for Online Transfers?

Once you have the IFSC Code BKID0004732 for the Kandra branch of Bank Of India in Kandra (Dist. Dhanbad), you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0004732. 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 BKID0004732.

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 Kandra in Kandra (Dist. Dhanbad), it can result in delayed or failed transactions.

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 Kandra, 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 Kandra (Dist. Dhanbad) manage their online transfers and cheque clearances easily.