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 Kariodih branch in Kariodih (Dist. Pakur), Kariodih Dist Pakur, 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 Kariodih (Dist. Pakur) or anywhere in Jharkhand can transfer funds instantly by using the correct IFSC Code BKID0004621. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Bank Of India, Kariodih, Kariodih (Dist. Pakur)
Here are the key points that are associated with the IFSC Code BKID0004621 of Bank Of India for its branch located in Kariodih (Dist. Pakur), within the district of Kariodih Dist Pakur in the state of Jharkhand.
| Particulars | Details |
|---|---|
| Bank | Bank Of India |
| IFSC Code | BKID0004621 |
| Branch | Kariodih |
| City | Kariodih (Dist. Pakur) |
| District | Kariodih Dist Pakur |
| State | Jharkhand |
| Address | At Vinobagram Kariodihpohiranpur Dist Pakur |
These details are crucial, not just for online banking users but also for businesses and individuals who use Bank Of India in Kariodih (Dist. Pakur) for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0004621 for the Kariodih 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, along with Bank Of India located in Kariodih, Kariodih (Dist. Pakur), Jharkhand, are allotted a unique IFSC like BKID0004621 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Kariodih (Dist. Pakur).
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Kariodih (Dist. Pakur) and Kariodih Dist Pakur.
- 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 Kariodih reaches the right place, even though there are thousands of branches in Jharkhand and across India.
Format of the IFSC Code BKID0004621
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 Kariodih in Kariodih (Dist. Pakur).
For example, the IFSC Code BKID0004621 of Bank Of India for the Kariodih branch includes these elements, identifying the bank and the branch location in Kariodih (Dist. Pakur) and Jharkhand accurately.
How to Find IFSC Code for Bank Of India?
If you are looking for the IFSC Code BKID0004621 of Bank Of India for its Kariodih branch located in Kariodih (Dist. Pakur), 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 Kariodih (Dist. Pakur) and Kariodih Dist Pakur, 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 Kariodih or Kariodih (Dist. Pakur) to get the exact IFSC Code BKID0004621.
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 Kariodih (Dist. Pakur), then it will provide you proper information.
How to Use IFSC Code BKID0004621 for Online Transfers?
Once you have the IFSC Code BKID0004621 for the Kariodih branch of Bank Of India in Kariodih (Dist. Pakur), you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code BKID0004621. 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 BKID0004621.
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 Kariodih in Kariodih (Dist. Pakur), 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 Kariodih, 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 Kariodih (Dist. Pakur) to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is BKID0004621.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is At Vinobagram Kariodihpohiranpur Dist Pakur located in Kariodih (Dist. Pakur), Kariodih Dist Pakur, Jharkhand.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.