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 Marar branch in Marar (Distt Ramgarh) Jd, Marar Distt Ramgarh Jd, 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 Marar (Distt Ramgarh) Jd or anywhere in Jharkhand can transfer funds instantly by using the correct IFSC Code BKID0004978. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Bank Of India, Marar, Marar (Distt Ramgarh) Jd
The table below shows the main details of the IFSC Code BKID0004978 for the Bank Of India branch in Marar (Distt Ramgarh) Jd, which falls under the Marar Distt Ramgarh Jd district in Jharkhand.
| Particulars | Details |
|---|---|
| Bank | Bank Of India |
| IFSC Code | BKID0004978 |
| Branch | Marar |
| City | Marar (Distt Ramgarh) Jd |
| District | Marar Distt Ramgarh Jd |
| State | Jharkhand |
| Address | At Ranchi Road Near Brindavan Hotelhn 33 Po Marar Distt Ramgarh |
These details are crucial, not just for online banking users but also for businesses and individuals who use Bank Of India in Marar (Distt Ramgarh) Jd for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0004978 for the Marar 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 Marar, Marar (Distt Ramgarh) Jd, Jharkhand, is provided with a unique IFSC like BKID0004978 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Bank Of India branch in Marar (Distt Ramgarh) Jd.
- 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 Marar (Distt Ramgarh) Jd and Marar Distt Ramgarh Jd.
- 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 Jharkhand and the rest of India and the IFSC Code ensures that transactions meant for Bank Of India in Marar do not get mixed with another location.
Format of the IFSC Code BKID0004978
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 Marar in Marar (Distt Ramgarh) Jd.
For example, the IFSC Code BKID0004978 of Bank Of India for the Marar branch includes these elements, identifying the bank and the branch location in Marar (Distt Ramgarh) Jd and Jharkhand accurately.
How to Find IFSC Code for Bank Of India?
If you are trying to find the IFSC Code BKID0004978 of Bank Of India for its Marar branch located in Marar (Distt Ramgarh) Jd, 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 Marar (Distt Ramgarh) Jd and Marar Distt Ramgarh Jd, 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 Marar or Marar (Distt Ramgarh) Jd to get the exact IFSC Code BKID0004978.
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 Marar (Distt Ramgarh) Jd, you'll get the correct details.
How to Use IFSC Code BKID0004978 for Online Transfers?
Once you have the IFSC Code BKID0004978 for the Marar branch of Bank Of India in Marar (Distt Ramgarh) Jd, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code BKID0004978. 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 BKID0004978.
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 Marar in Marar (Distt Ramgarh) Jd, 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 Marar, 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 Marar (Distt Ramgarh) Jd to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is BKID0004978.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is At Ranchi Road Near Brindavan Hotelhn 33 Po Marar Distt Ramgarh located in Marar (Distt Ramgarh) Jd, Marar Distt Ramgarh Jd, Jharkhand.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.