Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Bank Of India for its Dcoffice Khunti branch in Khunti, Khunti, Jharkhand, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of Bank Of India located in Khunti or anywhere in Jharkhand can transfer funds instantly by using the correct IFSC Code BKID0005904. You should definitely 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, Dcoffice Khunti, Khunti
Below in the table are the key details related to IFSC Code BKID0005904 of Bank Of India for its branch located in Khunti, within the district of Khunti in the state of Jharkhand.
| Particulars | Details |
|---|---|
| Bank | Bank Of India |
| IFSC Code | BKID0005904 |
| Branch | Dcoffice Khunti |
| City | Khunti |
| District | Khunti |
| State | Jharkhand |
| Address | Court Compound Dc Office Khuntidistrict Khunti Jharkhand835210 |
These details helps users in online banking and for businesses and individuals who use Bank Of India in Khunti for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0005904 for the Dcoffice Khunti branch of Bank Of India plays a vital role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like BKID0005904 is given to every bank branch, including Bank Of India located in Dcoffice Khunti, Khunti, Jharkhand, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Bank Of India branch in Khunti.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any kind of confusion between multiple branches of the same bank across different places like Khunti and Khunti.
- It removes errors in fund transfers and improves accuracy.
- It lets the sender banks validate and confirm branch details before they process the payments.
There are thousands of branches across Jharkhand and the rest of India, which is why the IFSC Code ensures that transactions meant for Bank Of India in Dcoffice Khunti doesn't end up at another location.
Format of the IFSC Code BKID0005904
The format of the IFSC Code for banks, including Bank Of India, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown of this:
- First 4 characters (AAAA): Represent the bank code. For Bank Of India, these characters are the bank's short identifier.
- 5th character (0): Always zero which is reserved for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Dcoffice Khunti in Khunti.
For example, the IFSC Code BKID0005904 of Bank Of India for the Dcoffice Khunti branch includes these elements, identifying the bank and the branch location in Khunti and Jharkhand accurately.
How to Find IFSC Code for Bank Of India?
If you are trying to find the IFSC Code BKID0005904 of Bank Of India for its Dcoffice Khunti branch located in Khunti, the following methods can help:
Cheque Book
The cheque book issued by Bank Of India includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.
Passbook
You can easily find the IFSC and MICR codes because most banks, including Bank Of India branches in Khunti and Khunti, print them on the first page of your passbook.
Bank Website
Visit the official website of Bank Of India and navigate to the branch locator section. Search for Dcoffice Khunti or Khunti to get the exact IFSC Code BKID0005904.
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 keeps an updated list of all IFSC codes. If you search for Bank Of India and Khunti, you'll get the correct details.
How to Use IFSC Code BKID0005904 for Online Transfers?
Once you have the IFSC Code BKID0005904 for the Dcoffice Khunti branch of Bank Of India in Khunti, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code BKID0005904. 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 BKID0005904.
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 Dcoffice Khunti in Khunti, 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 Dcoffice Khunti, 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 Khunti manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is BKID0005904.
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 Court Compound Dc Office Khuntidistrict Khunti Jharkhand835210 located in Khunti, Khunti, Jharkhand.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.