IFSC Code of Bank Of India, Newtown, Kolkata, West Bengal — BKID0004159

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 Newtown branch in North 24 Parganas, Kolkata, 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 BKID0004159. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Bank Of India, Newtown, North 24 Parganas

The table below shows the main details of the IFSC Code BKID0004159 for the Bank Of India branch in North 24 Parganas, which falls under the Kolkata district in West Bengal.

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 BKID0004159 for the Newtown 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, including Bank Of India located in Newtown, North 24 Parganas, West Bengal, is provided with a unique IFSC like BKID0004159 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It uniquely identifies the Bank Of India branch in North 24 Parganas.
• 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 North 24 Parganas and Kolkata.
• 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 West Bengal and the rest of India and the IFSC Code ensures that transactions meant for Bank Of India in Newtown do not get mixed with another location.

Format of the IFSC Code BKID0004159

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 Newtown in North 24 Parganas.

For example, the IFSC Code BKID0004159 of Bank Of India for the Newtown 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 BKID0004159 of Bank Of India for its Newtown 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 Kolkata, 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 Newtown or North 24 Parganas to get the exact IFSC Code BKID0004159.

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 BKID0004159 for Online Transfers?

Once you have the IFSC Code BKID0004159 for the Newtown branch of Bank Of India in North 24 Parganas, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code BKID0004159. 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 BKID0004159.

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 Newtown in North 24 Parganas, your payment can get delayed or might not go through at all.

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 Newtown, 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 North 24 Parganas manage online transfers as well as cheque clearances with ease.