IFSC Code of Bank Of India, Khaira Chatar, Khaira Chatar Dist Bokaro, Jharkhand- BKID0004883

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 Khaira Chatar branch in Khaira Chatar (Dist. Bokaro), Khaira Chatar Dist Bokaro, 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 Khaira Chatar (Dist. Bokaro) or anywhere in Jharkhand can transfer funds instantly by using the correct IFSC Code BKID0004883. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Bank Of India, Khaira Chatar, Khaira Chatar (Dist. Bokaro)

Here are some of the key details that come with the IFSC Code BKID0004883 of Bank Of India for its branch located in Khaira Chatar (Dist. Bokaro), within the district of Khaira Chatar Dist Bokaro in the state of Jharkhand.

These details are crucial, not just for online banking users but also for businesses and individuals who use Bank Of India in Khaira Chatar (Dist. Bokaro) for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0004883 for the Khaira Chatar 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Bank Of India located in Khaira Chatar, Khaira Chatar (Dist. Bokaro), Jharkhand, is provided a unique IFSC like BKID0004883 so that their online payments reach the right place.

The IFSC Code is important because:

• It uniquely recognizes the Bank Of India branch in Khaira Chatar (Dist. Bokaro).
• Helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It avoids any confusions between multiple branches of the same bank across different places like Khaira Chatar (Dist. Bokaro) and Khaira Chatar Dist Bokaro.
• It reduces most of the errors in fund transfers and makes sure its accuracy.
• It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Jharkhand and the rest of India, the IFSC Code ensures that transactions meant for Bank Of India in Khaira Chatar do not get misguided to another person.

Format of the IFSC Code BKID0004883

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 Khaira Chatar in Khaira Chatar (Dist. Bokaro).

For example, the IFSC Code BKID0004883 of Bank Of India for the Khaira Chatar branch includes these elements, identifying the bank and the branch location in Khaira Chatar (Dist. Bokaro) and Jharkhand correctly.

How to Find IFSC Code for Bank Of India?

To find the IFSC Code BKID0004883 of Bank Of India for its Khaira Chatar branch located in Khaira Chatar (Dist. Bokaro), 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 Khaira Chatar (Dist. Bokaro) and Khaira Chatar Dist Bokaro, 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 Khaira Chatar or Khaira Chatar (Dist. Bokaro) to find the exact IFSC Code BKID0004883.

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 Khaira Chatar (Dist. Bokaro) will provide accurate information.

How to Use IFSC Code BKID0004883 for Online Transfers?

Once you have the IFSC Code BKID0004883 for the Khaira Chatar branch of Bank Of India in Khaira Chatar (Dist. Bokaro), you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0004883. Transfers are processed in batches. This is suitable for 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 BKID0004883.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Bank Of India Khaira Chatar in Khaira Chatar (Dist. Bokaro) may 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 Khaira Chatar, here are some ways that 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.

If you know both IFSC and MICR codes, then it can help account holders in Khaira Chatar (Dist. Bokaro) manage online transfers as well as cheque clearances with ease.