Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Bank Of India for its Narla branch in Narla (Dist. District Kalahandi), Narla Dist District Kalahandi, Odisha, then this guide will give you detailed information.

The banking system has evolved significantly in India, and today the customers of Bank Of India located in Narla (Dist. District Kalahandi) or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code BKID0005142. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.

Details of IFSC Code for Bank Of India, Narla, Narla (Dist. District Kalahandi)

Here are the main details that are associated with the IFSC Code BKID0005142 of Bank Of India for its branch located in Narla (Dist. District Kalahandi), within the district of Narla Dist District Kalahandi in the state of Odisha.

Particulars Details
Bank Bank Of India
IFSC Code BKID0005142
Branch Narla
City Narla (Dist. District Kalahandi)
District Narla Dist District Kalahandi
State Odisha
Address At Post Narladistrict Kalahandi

These details help users in online banking and for businesses and individuals who use Bank Of India in Narla (Dist. District Kalahandi) for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0005142 for the Narla 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 that is provided by the Reserve Bank of India. A unique IFSC like BKID0005142 is given to every bank branch, including Bank Of India located in Narla, Narla (Dist. District Kalahandi), Odisha, to make sure that online payments reach the right place.

The IFSC Code is important because:

  • It uniquely identifies the Bank Of India branch in Narla (Dist. District Kalahandi).
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any kind of confusion between multiple branches of the same bank across different places like Narla (Dist. District Kalahandi) and Narla Dist District Kalahandi.
  • It removes errors in fund transfers and improves accuracy.
  • It lets the sender banks validate and confirm branch details before they process the payments.

There are thousands of branches across Odisha and the rest of India, which is why the IFSC Code ensures that transactions meant for Bank Of India in Narla doesn't end up at another location.

Format of the IFSC Code BKID0005142

The format of the IFSC Code for banks, including Bank Of India, follows 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 Narla in Narla (Dist. District Kalahandi).

For example, the IFSC Code BKID0005142 of Bank Of India for the Narla branch includes these elements, identifying the bank and the branch location in Narla (Dist. District Kalahandi) and Odisha accurately.

How to Find IFSC Code for Bank Of India?

To find the IFSC Code BKID0005142 of Bank Of India for its Narla branch located in Narla (Dist. District Kalahandi), the following methods can help you out:

Cheque Book

The cheque book issued by Bank Of India includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.

Passbook

Most banks, including Bank Of India branches in Narla (Dist. District Kalahandi) and Narla Dist District Kalahandi, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Bank Of India and go to the branch locator section. Then search for Narla or Narla (Dist. District Kalahandi) to find the exact IFSC Code BKID0005142.

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 maintains an updated database of all IFSC codes. Searching for Bank Of India and Narla (Dist. District Kalahandi) will provide accurate information.

How to Use IFSC Code BKID0005142 for Online Transfers?

If you have the IFSC Code BKID0005142 for the Narla branch of Bank Of India in Narla (Dist. District Kalahandi), you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0005142. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

Used for high-value payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. Asks for the recipient's account details and Bank Of India IFSC Code BKID0005142.

Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Bank Of India Narla in Narla (Dist. District Kalahandi), it may 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 Narla, 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 Narla (Dist. District Kalahandi) 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 Narla, Narla (Dist. District Kalahandi)?

The IFSC Code is BKID0005142.

Is the IFSC Code BKID0005142 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 Narla?

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 Narla branch?

The address of the branch is At Post Narladistrict Kalahandi located in Narla (Dist. District Kalahandi), Narla Dist District Kalahandi, Odisha.

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.