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 Mannargudi branch in Mannargudi (Tn), Mannargudi Tn, or Tamil Nadu, 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 Mannargudi (Tn) or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code BKID0008060. 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, Mannargudi, Mannargudi (Tn)

Here are the key points that are associated with the IFSC Code BKID0008060 of Bank Of India for its branch located in Mannargudi (Tn), within the district of Mannargudi Tn in the state of Tamil Nadu.

Particulars Details
Bank Bank Of India
IFSC Code BKID0008060
Branch Mannargudi
City Mannargudi (Tn)
District Mannargudi Tn
State Tamil Nadu
Address 30 Melaraja Veedhi Mannargudi 614 001Dist Tiruvarur

These details are essential not only for online banking users but also for businesses and individuals who use Bank Of India in Mannargudi (Tn) for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0008060 for the Mannargudi branch of Bank Of India plays 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 Mannargudi, Mannargudi (Tn), Tamil Nadu, are given a unique IFSC like BKID0008060 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Mannargudi (Tn).
  • 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 Mannargudi (Tn) and Mannargudi Tn.
  • 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 Mannargudi 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 BKID0008060

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 Mannargudi in Mannargudi (Tn).

For example, the IFSC Code BKID0008060 of Bank Of India for the Mannargudi branch includes these elements, identifying the bank and the branch location in Mannargudi (Tn) and Tamil Nadu accurately.

How to Find IFSC Code for Bank Of India?

If you are trying to find the IFSC Code BKID0008060 of Bank Of India for its Mannargudi branch located in Mannargudi (Tn), 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 Mannargudi (Tn) and Mannargudi Tn, 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 Mannargudi or Mannargudi (Tn) to get the exact IFSC Code BKID0008060.

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 Mannargudi (Tn), you'll get the correct details.

How to Use IFSC Code BKID0008060 for Online Transfers?

Once you have the IFSC Code BKID0008060 for the Mannargudi branch of Bank Of India in Mannargudi (Tn), you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0008060. 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 BKID0008060.

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 Mannargudi in Mannargudi (Tn), it can result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Bank Of India in Mannargudi, you can find it by any of the following ways:

  • Check the bottom of your cheque leaf.
  • Go to the first page of your passbook.
  • Visit the official Bank Of India website.
  • Search the RBI portal.

Having both IFSC and MICR codes helps account holders in Mannargudi (Tn) manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of India Mannargudi Mannargudi (Tn)?

The IFSC Code of the Mannargudi Mannargudi (Tn) branch is BKID0008060.

Is IFSC Code BKID0008060 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 Mannargudi branch?

The branch is located at 30 Melaraja Veedhi Mannargudi 614 001Dist Tiruvarur.

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.