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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Bank Of India for its Kutani branch in Panipat, Panipat, Haryana, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of Bank Of India located in Panipat or anywhere in Haryana can transfer funds instantly by using the correct IFSC Code BKID0006755. 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, Kutani, Panipat
Below in the table are the key details related to IFSC Code BKID0006755 of Bank Of India for its branch located in Panipat, within the district of Panipat in the state of Haryana.
| Particulars | Details |
|---|---|
| Bank | Bank Of India |
| IFSC Code | BKID0006755 |
| Branch | Kutani |
| City | Panipat |
| District | Panipat |
| State | Haryana |
| Address | Village Kutani Tehsil Panipatdistt Panipat Haryana 132103 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Bank Of India in Panipat for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0006755 for the Kutani 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 Kutani, Panipat, Haryana, are allotted a unique IFSC like BKID0006755 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Panipat.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Panipat and Panipat.
- 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 Kutani reaches the right place, even though there are thousands of branches in Haryana and across India.
Format of the IFSC Code BKID0006755
The format of the IFSC Code for banks, including Bank Of India, has an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): Show the bank code. For Bank Of India, these letters represent the bank's short name.
- 5th character: Is always zero and is kept for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Kutani in Panipat.
For example, the IFSC Code BKID0006755 of Bank Of India for the Kutani branch includes these elements, identifying the bank and the branch location in Panipat and Haryana correctly.
How to Find IFSC Code for Bank Of India?
If you are trying to find the IFSC Code BKID0006755 of Bank Of India for its Kutani branch located in Panipat, 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 Panipat and Panipat, 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 Kutani or Panipat to get the exact IFSC Code BKID0006755.
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 Panipat that will provide accurate information.
How to Use IFSC Code BKID0006755 for Online Transfers?
Once you have the IFSC Code BKID0006755 for the Kutani branch of Bank Of India in Panipat, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code BKID0006755. 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 BKID0006755.
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 Kutani in Panipat, your payment can get delayed or might not go through at all.
Finding the MICR Code
MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Bank Of India in Kutani, here are some of the ways you can get 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.
Knowing both IFSC and MICR code can help account holders in Panipat manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code of the Kutani Panipat branch is BKID0006755.
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 Village Kutani Tehsil Panipatdistt Panipat Haryana 132103.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.