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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Bank Of India for its Kopali branch in Kopali Jharkhand, Kopali Jharkhand, or Jharkhand, this guide will help you with all the details.
There have been major changes in the banking sector in India and today, the customers of Bank Of India located in Kopali Jharkhand or anywhere in Jharkhand can transfer funds instantly by using the correct IFSC Code BKID0004757. 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, Kopali, Kopali Jharkhand
Below in the table are the key details related to IFSC Code BKID0004757 of Bank Of India for its branch located in Kopali Jharkhand, within the district of Kopali Jharkhand in the state of Jharkhand.
| Particulars | Details |
|---|---|
| Bank | Bank Of India |
| IFSC Code | BKID0004757 |
| Branch | Kopali |
| City | Kopali Jharkhand |
| District | Kopali Jharkhand |
| State | Jharkhand |
| Address | Al Kabir Polytechnicrd No 15Kabir Nagarpokopalivia Mangodistt Saraikela Kharswan |
These details are crucial, not just for online banking users but also for businesses and individuals who use Bank Of India in Kopali Jharkhand for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0004757 for the Kopali 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 Kopali, Kopali Jharkhand, Jharkhand, are given a unique IFSC like BKID0004757 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Kopali Jharkhand.
- 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 Kopali Jharkhand and Kopali Jharkhand.
- 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 Kopali 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 BKID0004757
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 Kopali in Kopali Jharkhand.
For example, the IFSC Code BKID0004757 of Bank Of India for the Kopali branch includes these elements, identifying the bank and the branch location in Kopali Jharkhand and Jharkhand accurately.
How to Find IFSC Code for Bank Of India?
If you are looking for the IFSC Code BKID0004757 of Bank Of India for its Kopali branch located in Kopali Jharkhand, 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 Kopali Jharkhand and Kopali Jharkhand, 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 Kopali or Kopali Jharkhand to get the exact IFSC Code BKID0004757.
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 Kopali Jharkhand, then it will provide you proper information.
How to Use IFSC Code BKID0004757 for Online Transfers?
Once you have the IFSC Code BKID0004757 for the Kopali branch of Bank Of India in Kopali Jharkhand, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code BKID0004757. The transfer is completed in batches instead of instantly. It is useful for both 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 BKID0004757.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Bank Of India Kopali in Kopali Jharkhand, your payment can get delayed or might not go through at all.
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 Kopali, 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 Kopali Jharkhand to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the Kopali Kopali Jharkhand branch is BKID0004757.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Al Kabir Polytechnicrd No 15Kabir Nagarpokopalivia Mangodistt Saraikela Kharswan.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.