IFSC Code of Bank Of India, Loharkatha, Loharkatha Dist Nalbari, Assam- BKID0005003

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 Loharkatha branch in Loharkatha (Dist. Nalbari), Loharkatha Dist Nalbari, or Assam, 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 Loharkatha (Dist. Nalbari) or anywhere in Assam can transfer funds instantly by using the correct IFSC Code BKID0005003. 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, Loharkatha, Loharkatha (Dist. Nalbari)

Below in the table are the key details related to IFSC Code BKID0005003 of Bank Of India for its branch located in Loharkatha (Dist. Nalbari), within the district of Loharkatha Dist Nalbari in the state of Assam.

These details help users in online banking and for businesses and individuals who use Bank Of India in Loharkatha (Dist. Nalbari) for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0005003 for the Loharkatha 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Bank Of India located in Loharkatha, Loharkatha (Dist. Nalbari), Assam, is provided a unique IFSC like BKID0005003 so that their online payments reach the right place.

The IFSC Code is important because:

• It uniquely recognizes the Bank Of India branch in Loharkatha (Dist. Nalbari).
• Helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It avoids any confusions between multiple branches of the same bank across different places like Loharkatha (Dist. Nalbari) and Loharkatha Dist Nalbari.
• It reduces most of the errors in fund transfers and makes sure its accuracy.
• It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Assam and the rest of India, the IFSC Code ensures that transactions meant for Bank Of India in Loharkatha do not get misguided to another person.

Format of the IFSC Code BKID0005003

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 Loharkatha in Loharkatha (Dist. Nalbari).

For example, the IFSC Code BKID0005003 of Bank Of India for the Loharkatha branch has these elements, identifying the bank and the branch location in Loharkatha (Dist. Nalbari) and Assam correctly.

How to Find IFSC Code for Bank Of India?

To find the IFSC Code BKID0005003 of Bank Of India for its Loharkatha branch located in Loharkatha (Dist. Nalbari), the following methods can help you out:

Cheque Book

The cheque book issued by Bank Of India includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.

Passbook

Most banks, including Bank Of India branches in Loharkatha (Dist. Nalbari) and Loharkatha Dist Nalbari, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Bank Of India and go to the branch locator section. Then search for Loharkatha or Loharkatha (Dist. Nalbari) to find the exact IFSC Code BKID0005003.

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 maintains an updated database of all IFSC codes. Searching for Bank Of India and Loharkatha (Dist. Nalbari) will provide accurate information.

How to Use IFSC Code BKID0005003 for Online Transfers?

Once you have the IFSC Code BKID0005003 for the Loharkatha branch of Bank Of India in Loharkatha (Dist. Nalbari), you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0005003. 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 BKID0005003.

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 Loharkatha in Loharkatha (Dist. Nalbari), it can 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 Loharkatha, 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 Loharkatha (Dist. Nalbari) to handle online money transfers and get their cheques cleared smoothly.