For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Bank Of India for its Ashokenagar branch in North 24 Parganas, Ashoknagar, West Bengal, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today customers of Bank Of India located in North 24 Parganas or anywhere in West Bengal can transfer funds instantly by using the correct IFSC Code BKID0004107. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Bank Of India, Ashokenagar, North 24 Parganas
Here are some of the key details that come with the IFSC Code BKID0004107 of Bank Of India for its branch located in North 24 Parganas, within the district of Ashoknagar in the state of West Bengal.
| Particulars | Details |
|---|---|
| Bank | Bank Of India |
| IFSC Code | BKID0004107 |
| Branch | Ashokenagar |
| City | North 24 Parganas |
| District | Ashoknagar |
| State | West Bengal |
| Address | 188 2 Ashokenagar Post Ashokenagar Pin743222 |
These details help users in online banking and for businesses and individuals who use Bank Of India in North 24 Parganas for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0004107 for the Ashokenagar 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 Ashokenagar, North 24 Parganas, West Bengal, are given a unique IFSC like BKID0004107 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in North 24 Parganas.
- 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 North 24 Parganas and Ashoknagar.
- 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 Ashokenagar goes to the correct branch. This is important because Bank Of India has thousands of branches in West Bengal and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code BKID0004107
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 Ashokenagar in North 24 Parganas.
For example, the IFSC Code BKID0004107 of Bank Of India for the Ashokenagar branch includes these elements, identifying the bank and the branch location in North 24 Parganas and West Bengal accurately.
How to Find IFSC Code for Bank Of India?
If you are trying to find the IFSC Code BKID0004107 of Bank Of India for its Ashokenagar branch located in North 24 Parganas, 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
You can easily find the IFSC and MICR codes because most banks, including Bank Of India branches in North 24 Parganas and Ashoknagar, print them 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 Ashokenagar or North 24 Parganas to get the exact IFSC Code BKID0004107.
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 North 24 Parganas, you'll get the correct details.
How to Use IFSC Code BKID0004107 for Online Transfers?
Once you have the IFSC Code BKID0004107 for the Ashokenagar branch of Bank Of India in North 24 Parganas, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code BKID0004107. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and Bank Of India IFSC Code BKID0004107.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Bank Of India Ashokenagar in North 24 Parganas, it can 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 Ashokenagar, 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 North 24 Parganas to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is BKID0004107.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is 188 2 Ashokenagar Post Ashokenagar Pin743222 located in North 24 Parganas, Ashoknagar, West Bengal.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.