The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Bank Of India for its Mangura branch in Mangura (Dist. Hazaribagh), Mangura Dist Hazaribagh, Jharkhand, this complete guide will provide you with detailed information.

The banking system in India has changed over the years, and today customers of Bank Of India located in Mangura (Dist. Hazaribagh) or anywhere in Jharkhand can transfer funds instantly by using the correct IFSC Code BKID0004980. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Bank Of India, Mangura, Mangura (Dist. Hazaribagh)

The table below shows the main details of the IFSC Code BKID0004980 for the Bank Of India branch in Mangura (Dist. Hazaribagh), which falls under the Mangura Dist Hazaribagh district in Jharkhand.

Particulars Details
Bank Bank Of India
IFSC Code BKID0004980
Branch Mangura
City Mangura (Dist. Hazaribagh)
District Mangura Dist Hazaribagh
State Jharkhand
Address Vill Mangurapo Kariyatpur Via Ichakdist Hazaribagh

These details helps users in online banking and for businesses and individuals who use Bank Of India in Mangura (Dist. Hazaribagh) for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0004980 for the Mangura branch of Bank Of India plays a vital 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 Mangura, Mangura (Dist. Hazaribagh), Jharkhand, is provided a unique IFSC like BKID0004980 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Bank Of India branch in Mangura (Dist. Hazaribagh).
  • 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 Mangura (Dist. Hazaribagh) and Mangura Dist Hazaribagh.
  • 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 Jharkhand and the rest of India, the IFSC Code ensures that transactions meant for Bank Of India in Mangura do not get misguided to another person.

Format of the IFSC Code BKID0004980

The format of the IFSC Code for banks, including Bank Of India, has 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 Mangura in Mangura (Dist. Hazaribagh).

For example, the IFSC Code BKID0004980 of Bank Of India for the Mangura branch includes these elements, identifying the bank and the branch location in Mangura (Dist. Hazaribagh) and Jharkhand correctly.

How to Find IFSC Code for Bank Of India?

If you are looking for the IFSC Code BKID0004980 of Bank Of India for its Mangura branch located in Mangura (Dist. Hazaribagh), 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 Mangura (Dist. Hazaribagh) and Mangura Dist Hazaribagh, 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 Mangura or Mangura (Dist. Hazaribagh) to get the exact IFSC Code BKID0004980.

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 Mangura (Dist. Hazaribagh), then it will provide you proper information.

How to Use IFSC Code BKID0004980 for Online Transfers?

Once you have the IFSC Code BKID0004980 for the Mangura branch of Bank Of India in Mangura (Dist. Hazaribagh), you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0004980. 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 BKID0004980.

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 Mangura in Mangura (Dist. Hazaribagh), 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 Mangura, 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 Mangura (Dist. Hazaribagh) to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of India Mangura Mangura (Dist. Hazaribagh)?

The IFSC Code of the Mangura Mangura (Dist. Hazaribagh) branch is BKID0004980.

Is IFSC Code BKID0004980 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 Mangura branch?

The branch is located at Vill Mangurapo Kariyatpur Via Ichakdist Hazaribagh.

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.