IFSC Code of Bank Of India, Jamjuri, Paltana Bazar, Tripura — BKID0005049

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 Jamjuri branch in Paltana Bazar, Paltana Bazar, Tripura, 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 Paltana Bazar or anywhere in Tripura can transfer funds instantly by using the correct IFSC Code BKID0005049. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Bank Of India, Jamjuri, Paltana Bazar

Below in the table are the key details related to IFSC Code BKID0005049 of Bank Of India for its branch located in Paltana Bazar, within the district of Paltana Bazar in the state of Tripura.

These details are essential not only for online banking users but also for businesses and individuals who use Bank Of India in Paltana Bazar for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0005049 for the Jamjuri branch of Bank Of India plays 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 Jamjuri, Paltana Bazar, Tripura, are allotted a unique IFSC like BKID0005049 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It clearly tells which bank branch it is in Paltana Bazar.
• It helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It prevents confusion between different branches of the same bank in places like Paltana Bazar and Paltana Bazar.
• It reduces errors in fund transfers and improves accuracy.
• It helps the sender banks to validate and confirm branch details before processing payments.

It makes sure that money sent to Bank Of India in Jamjuri reaches the right place, even though there are thousands of branches in Tripura and across India.

Format of the IFSC Code BKID0005049

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 Jamjuri in Paltana Bazar.

For example, the IFSC Code BKID0005049 of Bank Of India for the Jamjuri branch includes these elements, identifying the bank and the branch location in Paltana Bazar and Tripura accurately.

How to Find IFSC Code for Bank Of India?

If you are trying to find the IFSC Code BKID0005049 of Bank Of India for its Jamjuri branch located in Paltana Bazar, the following methods can help:

Cheque Book

The cheque books that are issued by Bank Of India include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

Most banks, including Bank Of India branches in Paltana Bazar and Paltana Bazar, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Bank Of India and find the branch locator section. Search for Jamjuri or Paltana Bazar to get the exact IFSC Code BKID0005049.

Mobile Banking App

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

RBI Website

The Reserve Bank of India maintains an updated database of all IFSC codes to help you in searching for Bank Of India and Paltana Bazar that will provide accurate information.

How to Use IFSC Code BKID0005049 for Online Transfers?

Once you have the IFSC Code BKID0005049 for the Jamjuri branch of Bank Of India in Paltana Bazar, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0005049. 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 BKID0005049.

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 Jamjuri in Paltana Bazar 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 Jamjuri, 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 Paltana Bazar to handle online money transfers and get their cheques cleared smoothly.