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 Abantipur branch in Mondal Para (Dist 24 Parganas North), Mondal Para Dist 24 Parganas North, West Bengal, 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 Mondal Para (Dist 24 Parganas North) or anywhere in West Bengal can transfer funds instantly by using the correct IFSC Code BKID0004247. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Bank Of India, Abantipur, Mondal Para (Dist 24 Parganas North)

Below in the table are the key details related to IFSC Code BKID0004247 of Bank Of India for its branch located in Mondal Para (Dist 24 Parganas North), within the district of Mondal Para Dist 24 Parganas North in the state of West Bengal.

Particulars Details
Bank Bank Of India
IFSC Code BKID0004247
Branch Abantipur
City Mondal Para (Dist 24 Parganas North)
District Mondal Para Dist 24 Parganas North
State West Bengal
Address Village Abantipurpomondal Paravia Shyamnagar Dist 24 Parganas North

These details help users in online banking and for businesses and individuals who use Bank Of India in Mondal Para (Dist 24 Parganas North) for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0004247 for the Abantipur branch of Bank Of India has a very 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 Abantipur, Mondal Para (Dist 24 Parganas North), West Bengal, are allotted a unique IFSC like BKID0004247 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Mondal Para (Dist 24 Parganas North).
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Mondal Para (Dist 24 Parganas North) and Mondal Para Dist 24 Parganas North.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It makes sure that money sent to Bank Of India in Abantipur reaches the right place, even though there are thousands of branches in West Bengal and across India.

Format of the IFSC Code BKID0004247

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 Abantipur in Mondal Para (Dist 24 Parganas North).

For example, the IFSC Code BKID0004247 of Bank Of India for the Abantipur branch includes these elements, identifying the bank and the branch location in Mondal Para (Dist 24 Parganas North) and West Bengal correctly.

How to Find IFSC Code for Bank Of India?

If you are trying to find the IFSC Code BKID0004247 of Bank Of India for its Abantipur branch located in Mondal Para (Dist 24 Parganas North), 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 Mondal Para (Dist 24 Parganas North) and Mondal Para Dist 24 Parganas North, 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 Abantipur or Mondal Para (Dist 24 Parganas North) to get the exact IFSC Code BKID0004247.

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 Mondal Para (Dist 24 Parganas North), you'll get the correct details.

How to Use IFSC Code BKID0004247 for Online Transfers?

Once you have the IFSC Code BKID0004247 for the Abantipur branch of Bank Of India in Mondal Para (Dist 24 Parganas North), you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0004247. 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 BKID0004247.

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 Abantipur in Mondal Para (Dist 24 Parganas North), 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 Abantipur, 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 Mondal Para (Dist 24 Parganas North) to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of India Abantipur Mondal Para (Dist 24 Parganas North)?

The IFSC Code of the Abantipur Mondal Para (Dist 24 Parganas North) branch is BKID0004247.

Is IFSC Code BKID0004247 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 Abantipur branch?

The branch is located at Village Abantipurpomondal Paravia Shyamnagar Dist 24 Parganas North.

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.