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 Mohanpur branch in Mohanpur (Dist. East Singhbhum), Mohanpur Dist East Singhbhum, 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 Mohanpur (Dist. East Singhbhum) or anywhere in Jharkhand can transfer funds instantly by using the correct IFSC Code BKID0004751. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Bank Of India, Mohanpur, Mohanpur (Dist. East Singhbhum)

Here are some of the key details that come with the IFSC Code BKID0004751 of Bank Of India for its branch located in Mohanpur (Dist. East Singhbhum), within the district of Mohanpur Dist East Singhbhum in the state of Jharkhand.

Particulars Details
Bank Bank Of India
IFSC Code BKID0004751
Branch Mohanpur
City Mohanpur (Dist. East Singhbhum)
District Mohanpur Dist East Singhbhum
State Jharkhand
Address Village Mohanpurblock Baharagora Dist East Singhbhum

These details are essential not only for online banking users but also for businesses and individuals who use Bank Of India in Mohanpur (Dist. East Singhbhum) for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0004751 for the Mohanpur 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Bank Of India located in Mohanpur, Mohanpur (Dist. East Singhbhum), Jharkhand, is provided a unique IFSC like BKID0004751 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Bank Of India branch in Mohanpur (Dist. East Singhbhum).
  • 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 Mohanpur (Dist. East Singhbhum) and Mohanpur Dist East Singhbhum.
  • 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 Mohanpur do not get misguided to another person.

Format of the IFSC Code BKID0004751

This is the format of the IFSC Code for banks, including Bank Of India, follows an 11-character structure:

AAAA0CCCCCC

Here's the explanation:

  • First 4 characters (AAAA): This is the bank code. For Bank Of India, these characters are the bank's short identifier.
  • 5th character (0): This stays zero till there is any future use.
  • Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Mohanpur in Mohanpur (Dist. East Singhbhum).

For example, the IFSC Code BKID0004751 of Bank Of India for the Mohanpur branch includes these elements, identifying the bank and the branch location in Mohanpur (Dist. East Singhbhum) and Jharkhand accurately.

How to Find IFSC Code for Bank Of India?

If you are trying to find the IFSC Code BKID0004751 of Bank Of India for its Mohanpur branch located in Mohanpur (Dist. East Singhbhum), 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 Mohanpur (Dist. East Singhbhum) and Mohanpur Dist East Singhbhum, 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 Mohanpur or Mohanpur (Dist. East Singhbhum) to get the exact IFSC Code BKID0004751.

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 Mohanpur (Dist. East Singhbhum), you'll get the correct details.

How to Use IFSC Code BKID0004751 for Online Transfers?

Once you have the IFSC Code BKID0004751 for the Mohanpur branch of Bank Of India in Mohanpur (Dist. East Singhbhum), you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0004751. 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 BKID0004751.

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 Mohanpur in Mohanpur (Dist. East Singhbhum), 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 Mohanpur, 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 Mohanpur (Dist. East Singhbhum) manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of India Mohanpur Mohanpur (Dist. East Singhbhum)?

The IFSC Code of the Mohanpur Mohanpur (Dist. East Singhbhum) branch is BKID0004751.

Is IFSC Code BKID0004751 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 Mohanpur branch?

The branch is located at Village Mohanpurblock Baharagora Dist East Singhbhum.

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.