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IFSC Code of Bank Of India, Delhi Cantt, New Delhi, Delhi — BKID0006066

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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Bank Of India for its Delhi Cantt branch in New Delhi, New Delhi, or Delhi, this guide will help you with all the details.

There have been major changes in the banking sector in India and today, the customers of Bank Of India located in New Delhi or anywhere in Delhi can transfer funds instantly by using the correct IFSC Code BKID0006066. 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, Delhi Cantt, New Delhi

Here are some of the key details that come with the IFSC Code BKID0006066 of Bank Of India for its branch located in New Delhi, within the district of New Delhi in the state of Delhi.

Particulars Details
Bank Bank Of India
IFSC Code BKID0006066
Branch Delhi Cantt
City New Delhi
District New Delhi
State Delhi
Address Army College Of Medical Sciences Near Basehospital Delhi Cantt New Delhi 110010

These details are crucial, not just for online banking users but also for businesses and individuals who use Bank Of India in New Delhi for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0006066 for the Delhi Cantt branch of Bank Of India has an 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 Delhi Cantt, New Delhi, Delhi, are allotted a unique IFSC like BKID0006066 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in New Delhi.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like New Delhi and New Delhi.
  • 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 Delhi Cantt reaches the right place, even though there are thousands of branches in Delhi and across India.

Format of the IFSC Code BKID0006066

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 Delhi Cantt in New Delhi.

For example, the IFSC Code BKID0006066 of Bank Of India for the Delhi Cantt branch includes these elements, identifying the bank and the branch location in New Delhi and Delhi accurately.

How to Find IFSC Code for Bank Of India?

To find the IFSC Code BKID0006066 of Bank Of India for its Delhi Cantt branch located in New Delhi, 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 New Delhi and New Delhi, 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 Delhi Cantt or New Delhi to find the exact IFSC Code BKID0006066.

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 New Delhi will provide accurate information.

How to Use IFSC Code BKID0006066 for Online Transfers?

Once you have the IFSC Code BKID0006066 for the Delhi Cantt branch of Bank Of India in New Delhi, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0006066. Transfers are processed in batches. This is 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. Requires the recipient's account details and Bank Of India IFSC Code BKID0006066.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Bank Of India Delhi Cantt in New Delhi 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 Delhi Cantt, 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 New Delhi to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of India Delhi Cantt New Delhi?

The IFSC Code of the Delhi Cantt New Delhi branch is BKID0006066.

Is IFSC Code BKID0006066 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 Delhi Cantt branch?

The branch is located at Army College Of Medical Sciences Near Basehospital Delhi Cantt New Delhi 110010.

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.

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