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 Pallapatti branch in Pallaptti (Tamil Nadu), Pallaptti Tamil Nadu, Tamil Nadu, 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 Pallaptti (Tamil Nadu) or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code BKID0008276. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Bank Of India, Pallapatti, Pallaptti (Tamil Nadu)
The table below shows the main details of the IFSC Code BKID0008276 for the Bank Of India branch in Pallaptti (Tamil Nadu), which falls under the Pallaptti Tamil Nadu district in Tamil Nadu.
| Particulars | Details |
|---|---|
| Bank | Bank Of India |
| IFSC Code | BKID0008276 |
| Branch | Pallapatti |
| City | Pallaptti (Tamil Nadu) |
| District | Pallaptti Tamil Nadu |
| State | Tamil Nadu |
| Address | Pallapatti Branch317 A Dindigul Roadpallapkarur Districttamilnadu |
These details are crucial, not just for online banking users but also for businesses and individuals who use Bank Of India in Pallaptti (Tamil Nadu) for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0008276 for the Pallapatti 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, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with Bank Of India located in Pallapatti, Pallaptti (Tamil Nadu), Tamil Nadu, are given a unique IFSC like BKID0008276 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Pallaptti (Tamil Nadu).
- 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 Pallaptti (Tamil Nadu) and Pallaptti Tamil Nadu.
- 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 Pallapatti goes to the correct branch. This is important because Bank Of India has thousands of branches in Tamil Nadu and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code BKID0008276
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 Pallapatti in Pallaptti (Tamil Nadu).
For example, the IFSC Code BKID0008276 of Bank Of India for the Pallapatti branch includes these elements, identifying the bank and the branch location in Pallaptti (Tamil Nadu) and Tamil Nadu accurately.
How to Find IFSC Code for Bank Of India?
If you are looking for the IFSC Code BKID0008276 of Bank Of India for its Pallapatti branch located in Pallaptti (Tamil Nadu), 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 Pallaptti (Tamil Nadu) and Pallaptti Tamil Nadu, 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 Pallapatti or Pallaptti (Tamil Nadu) to get the exact IFSC Code BKID0008276.
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 Pallaptti (Tamil Nadu), then it will provide you proper information.
How to Use IFSC Code BKID0008276 for Online Transfers?
Once you have the IFSC Code BKID0008276 for the Pallapatti branch of Bank Of India in Pallaptti (Tamil Nadu), you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code BKID0008276. Transfers are processed in batches. This is 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. Requires the recipient's account details and Bank Of India IFSC Code BKID0008276.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Bank Of India Pallapatti in Pallaptti (Tamil Nadu) 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 Pallapatti, 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 Pallaptti (Tamil Nadu) to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the Pallapatti Pallaptti (Tamil Nadu) branch is BKID0008276.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Pallapatti Branch317 A Dindigul Roadpallapkarur Districttamilnadu.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.