There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Bank Of India for its Kotra Deepsingh branch in Kotra Deepsingh (Dist. Kota), Kotra Deepsingh Dist Kota, Rajasthan, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of Bank Of India situated in Kotra Deepsingh (Dist. Kota) or anywhere in Rajasthan can easily transfer funds instantly by using the correct IFSC Code BKID0006624. You should 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, Kotra Deepsingh, Kotra Deepsingh (Dist. Kota)

Here are some of the key details that come with the IFSC Code BKID0006624 of Bank Of India for its branch located in Kotra Deepsingh (Dist. Kota), within the district of Kotra Deepsingh Dist Kota in the state of Rajasthan.

Particulars Details
Bank Bank Of India
IFSC Code BKID0006624
Branch Kotra Deepsingh
City Kotra Deepsingh (Dist. Kota)
District Kotra Deepsingh Dist Kota
State Rajasthan
Address Vill Post Kotara Deep Singhtehsil Digodh Dist Kota

These details are important not only for users using online banking but also for businesses and individuals who use Bank Of India in Kotra Deepsingh (Dist. Kota) for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code BKID0006624 for the Kotra Deepsingh branch of Bank Of India is vital.

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 BKID0006624 is given to every bank branch, including Bank Of India located in Kotra Deepsingh, Kotra Deepsingh (Dist. Kota), Rajasthan, 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 Kotra Deepsingh (Dist. Kota).
  • 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 Kotra Deepsingh (Dist. Kota) and Kotra Deepsingh Dist Kota.
  • 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 Rajasthan and the rest of India, which is why the IFSC Code ensures that transactions meant for Bank Of India in Kotra Deepsingh doesn't end up at another location.

Format of the IFSC Code BKID0006624

The format of the IFSC Code for banks, including Bank Of India, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown:

  • First 4 characters (AAAA): These represent the bank code. In Bank Of India, they are a short identifier for the bank.
  • 5th character (0): This is always zero and is reserved for future use.
  • Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Kotra Deepsingh in Kotra Deepsingh (Dist. Kota).

For example, the IFSC Code BKID0006624 of Bank Of India for the Kotra Deepsingh branch has these elements, identifying the bank and the branch location in Kotra Deepsingh (Dist. Kota) and Rajasthan correctly.

How to Find IFSC Code for Bank Of India?

If you are trying to find the IFSC Code BKID0006624 of Bank Of India for its Kotra Deepsingh branch located in Kotra Deepsingh (Dist. Kota), 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 Kotra Deepsingh (Dist. Kota) and Kotra Deepsingh Dist Kota, 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 Kotra Deepsingh or Kotra Deepsingh (Dist. Kota) to get the exact IFSC Code BKID0006624.

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 Kotra Deepsingh (Dist. Kota) that will provide accurate information.

How to Use IFSC Code BKID0006624 for Online Transfers?

Once you have the IFSC Code BKID0006624 for the Kotra Deepsingh branch of Bank Of India in Kotra Deepsingh (Dist. Kota), you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code BKID0006624. 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 BKID0006624.

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 Kotra Deepsingh in Kotra Deepsingh (Dist. Kota), 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 Kotra Deepsingh, 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 Kotra Deepsingh (Dist. Kota) manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of India in Kotra Deepsingh, Kotra Deepsingh (Dist. Kota)?

The IFSC Code is BKID0006624.

Is the IFSC Code BKID0006624 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Bank Of India Kotra Deepsingh?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Kotra Deepsingh branch?

The address of the branch is Vill Post Kotara Deep Singhtehsil Digodh Dist Kota located in Kotra Deepsingh (Dist. Kota), Kotra Deepsingh Dist Kota, Rajasthan.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.