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 Kumarakudi branch in Kumarakudi (Dist. Cuddalore), Kumarakudi Dist Cuddalore, Tamil Nadu, 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 Kumarakudi (Dist. Cuddalore) or anywhere in Tamil Nadu can easily transfer funds instantly by using the correct IFSC Code BKID0008381. 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, Kumarakudi, Kumarakudi (Dist. Cuddalore)

Here are the main details that are associated with the IFSC Code BKID0008381 of Bank Of India for its branch located in Kumarakudi (Dist. Cuddalore), within the district of Kumarakudi Dist Cuddalore in the state of Tamil Nadu.

Particulars Details
Bank Bank Of India
IFSC Code BKID0008381
Branch Kumarakudi
City Kumarakudi (Dist. Cuddalore)
District Kumarakudi Dist Cuddalore
State Tamil Nadu
Address Sethiathope Via Po Kumarakudikattumannar Koil Taluk Dist Cuddalore

These details help users in online banking and for businesses and individuals who use Bank Of India in Kumarakudi (Dist. Cuddalore) for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0008381 for the Kumarakudi branch of Bank Of India has a very 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 Kumarakudi, Kumarakudi (Dist. Cuddalore), Tamil Nadu, are given a unique IFSC like BKID0008381 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Kumarakudi (Dist. Cuddalore).
  • 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 Kumarakudi (Dist. Cuddalore) and Kumarakudi Dist Cuddalore.
  • 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 Kumarakudi goes to the correct branch. This is important because Bank Of India has thousands of branches in Tamil Nadu and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code BKID0008381

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): 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 Kumarakudi in Kumarakudi (Dist. Cuddalore).

For example, the IFSC Code BKID0008381 of Bank Of India for the Kumarakudi branch includes these elements, identifying the bank and the branch location in Kumarakudi (Dist. Cuddalore) and Tamil Nadu accurately.

How to Find IFSC Code for Bank Of India?

If you are looking for the IFSC Code BKID0008381 of Bank Of India for its Kumarakudi branch located in Kumarakudi (Dist. Cuddalore), 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 Kumarakudi (Dist. Cuddalore) and Kumarakudi Dist Cuddalore, 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 Kumarakudi or Kumarakudi (Dist. Cuddalore) to get the exact IFSC Code BKID0008381.

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 Kumarakudi (Dist. Cuddalore), then it will provide you proper information.

How to Use IFSC Code BKID0008381 for Online Transfers?

If you have the IFSC Code BKID0008381 for the Kumarakudi branch of Bank Of India in Kumarakudi (Dist. Cuddalore), you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0008381. Transfers are processed in batches. 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. Asks for the recipient's account details and Bank Of India IFSC Code BKID0008381.

Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Bank Of India Kumarakudi in Kumarakudi (Dist. Cuddalore), it 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 Kumarakudi, 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 Kumarakudi (Dist. Cuddalore) to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of India in Kumarakudi, Kumarakudi (Dist. Cuddalore)?

The IFSC Code is BKID0008381.

Is the IFSC Code BKID0008381 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and IFSC is for online transfers.

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

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Kumarakudi branch?

The address of the branch is Sethiathope Via Po Kumarakudikattumannar Koil Taluk Dist Cuddalore located in Kumarakudi (Dist. Cuddalore), Kumarakudi Dist Cuddalore, Tamil Nadu.

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.