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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Bank Of India for its Diggi branch in Malpura, Malpura, Rajasthan, then this guide will give you detailed information.

The banking system has evolved significantly in India, and today the customers of Bank Of India located in Malpura or anywhere in Rajasthan can transfer funds instantly by using the correct IFSC Code BKID0006689. 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, Diggi, Malpura

Here are the main details that are associated with the IFSC Code BKID0006689 of Bank Of India for its branch located in Malpura, within the district of Malpura in the state of Rajasthan.

Particulars Details
Bank Bank Of India
IFSC Code BKID0006689
Branch Diggi
City Malpura
District Malpura
State Rajasthan
Address Near Kalyan Temple Main Road Village Diggitehsil Malpura Distt Tonk 304504

These details are crucial, not just for online banking users but also for businesses and individuals who use Bank Of India in Malpura for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0006689 for the Diggi 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, along with Bank Of India located in Diggi, Malpura, Rajasthan, are allotted a unique IFSC like BKID0006689 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Malpura.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Malpura and Malpura.
  • 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 Diggi reaches the right place, even though there are thousands of branches in Rajasthan and across India.

Format of the IFSC Code BKID0006689

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 Diggi in Malpura.

For example, the IFSC Code BKID0006689 of Bank Of India for the Diggi branch includes these elements, identifying the bank and the branch location in Malpura and Rajasthan accurately.

How to Find IFSC Code for Bank Of India?

If you are trying to find the IFSC Code BKID0006689 of Bank Of India for its Diggi branch located in Malpura, 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

You can easily find the IFSC and MICR codes because most banks, including Bank Of India branches in Malpura and Malpura, print them 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 Diggi or Malpura to get the exact IFSC Code BKID0006689.

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 Malpura, you'll get the correct details.

How to Use IFSC Code BKID0006689 for Online Transfers?

Once you have the IFSC Code BKID0006689 for the Diggi branch of Bank Of India in Malpura, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code BKID0006689. The transfer is completed in batches. It is useful for both personal and business payments.

RTGS

Used for payments over ₹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 BKID0006689.

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 Diggi in Malpura, 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 Diggi, 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 Malpura to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of India Diggi Malpura?

The IFSC Code of the Diggi Malpura branch is BKID0006689.

Is IFSC Code BKID0006689 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Bank Of India Diggi branch?

The branch is located at Near Kalyan Temple Main Road Village Diggitehsil Malpura Distt Tonk 304504.

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.