For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Bank Of India for its Mariammanhalli branch in Mariammanhalli (Dist.Bellary), Mariammanhalli Distbellary, Karnataka, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly over the years, and today customers of Bank Of India located in Mariammanhalli (Dist.Bellary) or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code BKID0008421. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Bank Of India, Mariammanhalli, Mariammanhalli (Dist.Bellary)

Here are the main details that are associated with the IFSC Code BKID0008421 of Bank Of India for its branch located in Mariammanhalli (Dist.Bellary), within the district of Mariammanhalli Distbellary in the state of Karnataka.

Particulars Details
Bank Bank Of India
IFSC Code BKID0008421
Branch Mariammanhalli
City Mariammanhalli (Dist.Bellary)
District Mariammanhalli Distbellary
State Karnataka
Address Mariammanhallidistrict Bellary

These details helps users in online banking and for businesses and individuals who use Bank Of India in Mariammanhalli (Dist.Bellary) for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0008421 for the Mariammanhalli 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 Mariammanhalli, Mariammanhalli (Dist.Bellary), Karnataka, is provided a unique IFSC like BKID0008421 so that their online payments reach the right place.

The IFSC Code is important because:

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

Format of the IFSC Code BKID0008421

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 Mariammanhalli in Mariammanhalli (Dist.Bellary).

For example, the IFSC Code BKID0008421 of Bank Of India for the Mariammanhalli branch includes these elements, identifying the bank and the branch location in Mariammanhalli (Dist.Bellary) and Karnataka accurately.

How to Find IFSC Code for Bank Of India?

If you are looking for the IFSC Code BKID0008421 of Bank Of India for its Mariammanhalli branch located in Mariammanhalli (Dist.Bellary), 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 Mariammanhalli (Dist.Bellary) and Mariammanhalli Distbellary, 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 Mariammanhalli or Mariammanhalli (Dist.Bellary) to get the exact IFSC Code BKID0008421.

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 Mariammanhalli (Dist.Bellary), then it will provide you proper information.

How to Use IFSC Code BKID0008421 for Online Transfers?

Once you have the IFSC Code BKID0008421 for the Mariammanhalli branch of Bank Of India in Mariammanhalli (Dist.Bellary), you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code BKID0008421. 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 BKID0008421.

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 Mariammanhalli in Mariammanhalli (Dist.Bellary), your payment can get delayed or might not go through at all.

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 Mariammanhalli, 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 Mariammanhalli (Dist.Bellary) manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of India in Mariammanhalli, Mariammanhalli (Dist.Bellary)?

The IFSC Code is BKID0008421.

Is the IFSC Code BKID0008421 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Bank Of India Mariammanhalli?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Mariammanhalli branch?

The address of the branch is Mariammanhallidistrict Bellary located in Mariammanhalli (Dist.Bellary), Mariammanhalli Distbellary, Karnataka.

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.