IFSC Code of Bank Of India, Mohan Garden Uttam Nagar, New Delhi, Delhi- BKID0006103

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 Mohan Garden Uttam Nagar branch in New Delhi, New Delhi, Delhi, 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 New Delhi or anywhere in Delhi can transfer funds instantly by using the correct IFSC Code BKID0006103. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Bank Of India, Mohan Garden Uttam Nagar, New Delhi

Below in the table are the key details related to IFSC Code BKID0006103 of Bank Of India for its branch located in New Delhi, within the district of New Delhi in the state of 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 BKID0006103 for the Mohan Garden Uttam Nagar 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, including Bank Of India located in Mohan Garden Uttam Nagar, New Delhi, Delhi, is provided with a unique IFSC like BKID0006103 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It uniquely identifies the Bank Of India branch in New Delhi.
• It helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It avoids any errors or confusions between multiple branches of the same bank across different places like New Delhi and New Delhi.
• It reduces errors in fund transfers and improves accuracy.
• It allows sender banks to validate and confirm branch details before processing payments.

There are thousands of branches across Delhi and the rest of India and the IFSC Code ensures that transactions meant for Bank Of India in Mohan Garden Uttam Nagar do not get mixed with another location.

Format of the IFSC Code BKID0006103

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 Mohan Garden Uttam Nagar in New Delhi.

For example, the IFSC Code BKID0006103 of Bank Of India for the Mohan Garden Uttam Nagar 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 BKID0006103 of Bank Of India for its Mohan Garden Uttam Nagar 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 Mohan Garden Uttam Nagar or New Delhi to find the exact IFSC Code BKID0006103.

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 BKID0006103 for Online Transfers?

Once you have the IFSC Code BKID0006103 for the Mohan Garden Uttam Nagar branch of Bank Of India in New Delhi, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code BKID0006103. The transfer is completed in batches instead of instantly. It is useful for both 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 BKID0006103.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Bank Of India Mohan Garden Uttam Nagar in New Delhi, your payment can get delayed or might not go through at all.

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 Mohan Garden Uttam Nagar, 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.