IFSC Code of Bank Of India, Saket C And P, New Delhi, Delhi- BKID0006045

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 Saket C And P 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 BKID0006045. 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, Saket C And P, New Delhi

Here are the main details that are associated with the IFSC Code BKID0006045 of Bank Of India for its branch located in New Delhi, within the district of New Delhi in the state of Delhi.

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 BKID0006045 for the Saket C And P 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Bank Of India located in Saket C And P, New Delhi, Delhi, is provided a unique IFSC like BKID0006045 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 Saket C And P do not get misguided to another person.

Format of the IFSC Code BKID0006045

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 Saket C And P in New Delhi.

For example, the IFSC Code BKID0006045 of Bank Of India for the Saket C And P 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 looking for the IFSC Code BKID0006045 of Bank Of India for its Saket C And P branch located in New Delhi, the following methods can help:

Cheque Book

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

Passbook

Most of the 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

You can visit the official website of Bank Of India and look for the branch locator section, then search for Saket C And P or New Delhi to get the exact IFSC Code BKID0006045.

Mobile Banking App

If you use Bank Of India's mobile app, you can check your account details to easily find your branch's IFSC code.

RBI Website

The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Bank Of India and New Delhi, then it will provide you proper information.

How to Use IFSC Code BKID0006045 for Online Transfers?

If you have the IFSC Code BKID0006045 for the Saket C And P branch of Bank Of India in New Delhi, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0006045. 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 BKID0006045.

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 Saket C And P in New Delhi, 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 Saket C And P, 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.