There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Bank Of India for its Padampur Motadhak branch in Pauri Dist.: Pauri Garhwal, Pauri Dist Pauri Garhwal, Uttarakhand, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of Bank Of India situated in Pauri Dist.: Pauri Garhwal or anywhere in Uttarakhand can easily transfer funds instantly by using the correct IFSC Code BKID0006945. You should 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, Padampur Motadhak, Pauri Dist.: Pauri Garhwal
Here are the key points that are associated with the IFSC Code BKID0006945 of Bank Of India for its branch located in Pauri Dist.: Pauri Garhwal, within the district of Pauri Dist Pauri Garhwal in the state of Uttarakhand.
| Particulars | Details |
|---|---|
| Bank | Bank Of India |
| IFSC Code | BKID0006945 |
| Branch | Padampur Motadhak |
| City | Pauri Dist.: Pauri Garhwal |
| District | Pauri Dist Pauri Garhwal |
| State | Uttarakhand |
| Address | Shankar Market Patampur Motadhakkotdwar Dist Pauri Garhwal Uttrakhand |
These details helps users in online banking and for businesses and individuals who use Bank Of India in Pauri Dist.: Pauri Garhwal for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0006945 for the Padampur Motadhak branch of Bank Of India plays a vital role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Bank Of India located in Padampur Motadhak, Pauri Dist.: Pauri Garhwal, Uttarakhand, is provided a unique IFSC like BKID0006945 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Bank Of India branch in Pauri Dist.: Pauri Garhwal.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Pauri Dist.: Pauri Garhwal and Pauri Dist Pauri Garhwal.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Uttarakhand and the rest of India, the IFSC Code ensures that transactions meant for Bank Of India in Padampur Motadhak do not get misguided to another person.
Format of the IFSC Code BKID0006945
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 Padampur Motadhak in Pauri Dist.: Pauri Garhwal.
For example, the IFSC Code BKID0006945 of Bank Of India for the Padampur Motadhak branch includes these elements, identifying the bank and the branch location in Pauri Dist.: Pauri Garhwal and Uttarakhand correctly.
How to Find IFSC Code for Bank Of India?
If you are looking for the IFSC Code BKID0006945 of Bank Of India for its Padampur Motadhak branch located in Pauri Dist.: Pauri Garhwal, 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 Pauri Dist.: Pauri Garhwal and Pauri Dist Pauri Garhwal, 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 Padampur Motadhak or Pauri Dist.: Pauri Garhwal to get the exact IFSC Code BKID0006945.
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 Pauri Dist.: Pauri Garhwal, then it will provide you proper information.
How to Use IFSC Code BKID0006945 for Online Transfers?
Once you have the IFSC Code BKID0006945 for the Padampur Motadhak branch of Bank Of India in Pauri Dist.: Pauri Garhwal, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code BKID0006945. The transfer is completed in batches. It is useful for both personal and business payments.
RTGS
Used for payments over ₹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 BKID0006945.
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 Padampur Motadhak in Pauri Dist.: Pauri Garhwal, 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 Padampur Motadhak, 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 Pauri Dist.: Pauri Garhwal manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code of the Padampur Motadhak Pauri Dist.: Pauri Garhwal branch is BKID0006945.
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 Shankar Market Patampur Motadhakkotdwar Dist Pauri Garhwal Uttrakhand.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.