There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Bank Of India for its Hauz Khas C And P Banking branch in New Delhi, New Delhi, Delhi, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of Bank Of India situated in New Delhi or anywhere in Delhi can easily transfer funds instantly by using the correct IFSC Code BKID0006005. You should 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, Hauz Khas C And P Banking, New Delhi
Below in the table are the key details related to IFSC Code BKID0006005 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 | BKID0006005 |
| Branch | Hauz Khas C And P Banking |
| City | New Delhi |
| District | New Delhi |
| State | Delhi |
| Address | A21 Green Park Main Nr Church Main Roadnew Delhi |
These details helps users in online banking and for businesses and individuals who use Bank Of India in New Delhi for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0006005 for the Hauz Khas C And P Banking 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Bank Of India located in Hauz Khas C And P Banking, New Delhi, Delhi, is provided a unique IFSC like BKID0006005 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Bank Of India branch in New Delhi.
- 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 New Delhi and New Delhi.
- 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 Delhi and the rest of India, the IFSC Code ensures that transactions meant for Bank Of India in Hauz Khas C And P Banking do not get misguided to another person.
Format of the IFSC Code BKID0006005
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 Hauz Khas C And P Banking in New Delhi.
For example, the IFSC Code BKID0006005 of Bank Of India for the Hauz Khas C And P Banking 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 BKID0006005 of Bank Of India for its Hauz Khas C And P Banking 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 Hauz Khas C And P Banking or New Delhi to find the exact IFSC Code BKID0006005.
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 BKID0006005 for Online Transfers?
Once you have the IFSC Code BKID0006005 for the Hauz Khas C And P Banking 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 BKID0006005. 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 BKID0006005.
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 Hauz Khas C And P Banking in New Delhi may 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 Hauz Khas C And P Banking, 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 New Delhi manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Hauz Khas C And P Banking New Delhi branch is BKID0006005.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at A21 Green Park Main Nr Church Main Roadnew Delhi.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.