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 Rohini Sector Twentyfour 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 BKID0006074. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Bank Of India, Rohini Sector Twentyfour, New Delhi

Below in the table are the key details related to IFSC Code BKID0006074 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 BKID0006074
Branch Rohini Sector Twentyfour
City New Delhi
District New Delhi
State Delhi
Address Plot No 85 Pocket 5Sector 24 Rohini

These details help 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 BKID0006074 for the Rohini Sector Twentyfour 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 provided by the Reserve Bank of India. Every bank branch, along with Bank Of India located in Rohini Sector Twentyfour, New Delhi, Delhi, are given a unique IFSC like BKID0006074 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 any kind of 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 helps ensure that any money sent to Bank Of India in Rohini Sector Twentyfour goes to the correct branch. This is important because Bank Of India has thousands of branches in Delhi and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code BKID0006074

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): These represent the bank code. In Bank Of India, they are a short identifier for the bank.
  • 5th character (0): This is always zero and is reserved for future use.
  • Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Rohini Sector Twentyfour in New Delhi.

For example, the IFSC Code BKID0006074 of Bank Of India for the Rohini Sector Twentyfour branch has these elements, identifying the bank and the branch location in New Delhi and Delhi correctly.

How to Find IFSC Code for Bank Of India?

If you are trying to find the IFSC Code BKID0006074 of Bank Of India for its Rohini Sector Twentyfour branch located in New Delhi, the following methods can help:

Cheque Book

The cheque book issued by Bank Of India includes the IFSC Code printed on each cheque leaf which you can easily spot 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 your passbook.

Bank Website

Visit the official website of Bank Of India and navigate to the branch locator section. Search for Rohini Sector Twentyfour or New Delhi to get the exact IFSC Code BKID0006074.

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 keeps an updated list of all IFSC codes. If you search for Bank Of India and New Delhi, you'll get the correct details.

How to Use IFSC Code BKID0006074 for Online Transfers?

Once you have the IFSC Code BKID0006074 for the Rohini Sector Twentyfour 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 BKID0006074. 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 BKID0006074.

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 Rohini Sector Twentyfour 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 Rohini Sector Twentyfour, 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 in Rohini Sector Twentyfour, New Delhi?

The IFSC Code is BKID0006074.

Is the IFSC Code BKID0006074 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

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

Where can I find the IFSC Code of Bank Of India Rohini Sector Twentyfour?

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Rohini Sector Twentyfour branch?

The address of the branch is Plot No 85 Pocket 5Sector 24 Rohini located in New Delhi, New Delhi, Delhi.

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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