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 Motia Dumaria branch in Motia Dumaria,Via Godda, Dist : Godda, Motia Dumariavia Godda Dist Godda, 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 Motia Dumaria,Via Godda, Dist : Godda or anywhere in Jharkhand can transfer funds instantly by using the correct IFSC Code BKID0004870. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Bank Of India, Motia Dumaria, Motia Dumaria,Via Godda, Dist : Godda

Here are the key points that are associated with the IFSC Code BKID0004870 of Bank Of India for its branch located in Motia Dumaria,Via Godda, Dist : Godda, within the district of Motia Dumariavia Godda Dist Godda in the state of Jharkhand.

Particulars Details
Bank Bank Of India
IFSC Code BKID0004870
Branch Motia Dumaria
City Motia Dumaria,Via Godda, Dist : Godda
District Motia Dumariavia Godda Dist Godda
State Jharkhand
Address At Post Motia Dumariavia Godda Dist Godda

These details helps users in online banking and for businesses and individuals who use Bank Of India in Motia Dumaria,Via Godda, Dist : Godda for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0004870 for the Motia Dumaria 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, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with Bank Of India located in Motia Dumaria, Motia Dumaria,Via Godda, Dist : Godda, Jharkhand, are given a unique IFSC like BKID0004870 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Motia Dumaria,Via Godda, Dist : Godda.
  • 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 Motia Dumaria,Via Godda, Dist : Godda and Motia Dumariavia Godda Dist Godda.
  • 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 Motia Dumaria goes to the correct branch. This is important because Bank Of India has thousands of branches in Jharkhand and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code BKID0004870

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 Motia Dumaria in Motia Dumaria,Via Godda, Dist : Godda.

For example, the IFSC Code BKID0004870 of Bank Of India for the Motia Dumaria branch includes these elements, identifying the bank and the branch location in Motia Dumaria,Via Godda, Dist : Godda and Jharkhand accurately.

How to Find IFSC Code for Bank Of India?

If you are looking for the IFSC Code BKID0004870 of Bank Of India for its Motia Dumaria branch located in Motia Dumaria,Via Godda, Dist : Godda, 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 Motia Dumaria,Via Godda, Dist : Godda and Motia Dumariavia Godda Dist Godda, 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 Motia Dumaria or Motia Dumaria,Via Godda, Dist : Godda to get the exact IFSC Code BKID0004870.

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 Motia Dumaria,Via Godda, Dist : Godda, then it will provide you proper information.

How to Use IFSC Code BKID0004870 for Online Transfers?

Once you have the IFSC Code BKID0004870 for the Motia Dumaria branch of Bank Of India in Motia Dumaria,Via Godda, Dist : Godda, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0004870. 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 BKID0004870.

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 Motia Dumaria in Motia Dumaria,Via Godda, Dist : Godda, 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 Motia Dumaria, 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 Motia Dumaria,Via Godda, Dist : Godda to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of India in Motia Dumaria, Motia Dumaria,Via Godda, Dist : Godda?

The IFSC Code is BKID0004870.

Is the IFSC Code BKID0004870 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and the IFSC is for online transfers.

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

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

What is the full address of the Motia Dumaria branch?

The address of the branch is At Post Motia Dumariavia Godda Dist Godda located in Motia Dumaria,Via Godda, Dist : Godda, Motia Dumariavia Godda Dist Godda, Jharkhand.

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.