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 Kotputli branch in Kotputli(Rajasthan), Kotputli Rajasthan, Rajasthan, 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 Kotputli(Rajasthan) or anywhere in Rajasthan can transfer funds instantly by using the correct IFSC Code BKID0006697. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Bank Of India, Kotputli, Kotputli(Rajasthan)
Here are the main details that are associated with the IFSC Code BKID0006697 of Bank Of India for its branch located in Kotputli(Rajasthan), within the district of Kotputli Rajasthan in the state of Rajasthan.
| Particulars | Details |
|---|---|
| Bank | Bank Of India |
| IFSC Code | BKID0006697 |
| Branch | Kotputli |
| City | Kotputli(Rajasthan) |
| District | Kotputli Rajasthan |
| State | Rajasthan |
| Address | Plot No 20Ward No 9Pithwalimohalla Basadikotputlidistt Jaipur |
These details helps users in online banking and for businesses and individuals who use Bank Of India in Kotputli(Rajasthan) for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0006697 for the Kotputli 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 provided by the Reserve Bank of India. Every bank branch, along with Bank Of India located in Kotputli, Kotputli(Rajasthan), Rajasthan, are allotted a unique IFSC like BKID0006697 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Kotputli(Rajasthan).
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Kotputli(Rajasthan) and Kotputli Rajasthan.
- 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 Kotputli reaches the right place, even though there are thousands of branches in Rajasthan and across India.
Format of the IFSC Code BKID0006697
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 Kotputli in Kotputli(Rajasthan).
For example, the IFSC Code BKID0006697 of Bank Of India for the Kotputli branch includes these elements, identifying the bank and the branch location in Kotputli(Rajasthan) and Rajasthan accurately.
How to Find IFSC Code for Bank Of India?
If you are trying to find the IFSC Code BKID0006697 of Bank Of India for its Kotputli branch located in Kotputli(Rajasthan), the following methods can help:
Cheque Book
The cheque books that are issued by Bank Of India include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.
Passbook
Most banks, including Bank Of India branches in Kotputli(Rajasthan) and Kotputli Rajasthan, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Bank Of India and find the branch locator section. Search for Kotputli or Kotputli(Rajasthan) to get the exact IFSC Code BKID0006697.
Mobile Banking App
If you use Bank Of India's mobile app, you can easily 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 to help you in searching for Bank Of India and Kotputli(Rajasthan) that will provide accurate information.
How to Use IFSC Code BKID0006697 for Online Transfers?
Once you have the IFSC Code BKID0006697 for the Kotputli branch of Bank Of India in Kotputli(Rajasthan), you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code BKID0006697. 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 BKID0006697.
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 Kotputli in Kotputli(Rajasthan), 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 Kotputli, 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 Kotputli(Rajasthan) manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Kotputli Kotputli(Rajasthan) branch is BKID0006697.
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 Plot No 20Ward No 9Pithwalimohalla Basadikotputlidistt Jaipur.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.