IFSC Code of Bank Of India, Roing, Roing, Arunachal Pradesh — BKID0005074

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 Roing branch in Lower Dibang Valley, Roing, Arunachal Pradesh, 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 Lower Dibang Valley or anywhere in Arunachal Pradesh can easily transfer funds instantly by using the correct IFSC Code BKID0005074. 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, Roing, Lower Dibang Valley

The table below shows the main details of the IFSC Code BKID0005074 for the Bank Of India branch in Lower Dibang Valley, which falls under the Roing district in Arunachal Pradesh.

These details are crucial, not just for online banking users but also for businesses and individuals who use Bank Of India in Lower Dibang Valley for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0005074 for the Roing 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, including Bank Of India located in Roing, Lower Dibang Valley, Arunachal Pradesh, is provided with a unique IFSC like BKID0005074 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It uniquely identifies the Bank Of India branch in Lower Dibang Valley.
• It helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It avoids any errors or confusions between multiple branches of the same bank across different places like Lower Dibang Valley and Roing.
• It reduces errors in fund transfers and improves accuracy.
• It allows sender banks to validate and confirm branch details before processing payments.

There are thousands of branches across Arunachal Pradesh and the rest of India and the IFSC Code ensures that transactions meant for Bank Of India in Roing do not get mixed with another location.

Format of the IFSC Code BKID0005074

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 Roing in Lower Dibang Valley.

For example, the IFSC Code BKID0005074 of Bank Of India for the Roing branch has these elements, identifying the bank and the branch location in Lower Dibang Valley and Arunachal Pradesh correctly.

How to Find IFSC Code for Bank Of India?

If you are trying to find the IFSC Code BKID0005074 of Bank Of India for its Roing branch located in Lower Dibang Valley, the following methods can help:

Cheque Book

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

Passbook

Most banks, including Bank Of India branches in Lower Dibang Valley and Roing, print the IFSC and MICR codes on the first page of your passbook.

Bank Website

Visit the official website of Bank Of India and navigate to the branch locator section. Search for Roing or Lower Dibang Valley to get the exact IFSC Code BKID0005074.

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 keeps an updated list of all IFSC codes. If you search for Bank Of India and Lower Dibang Valley, you'll get the correct details.

How to Use IFSC Code BKID0005074 for Online Transfers?

Once you have the IFSC Code BKID0005074 for the Roing branch of Bank Of India in Lower Dibang Valley, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0005074. 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 BKID0005074.

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 Roing in Lower Dibang Valley, 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 Roing, 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 Lower Dibang Valley to handle online money transfers and get their cheques cleared smoothly.