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 Pilani branch in Pilani, Pilani, Rajasthan, 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 Pilani or anywhere in Rajasthan can easily transfer funds instantly by using the correct IFSC Code BKID0006647. 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, Pilani, Pilani
The table below shows the main details of the IFSC Code BKID0006647 for the Bank Of India branch in Pilani, which falls under the Pilani district in Rajasthan.
| Particulars | Details |
|---|---|
| Bank | Bank Of India |
| IFSC Code | BKID0006647 |
| Branch | Pilani |
| City | Pilani |
| District | Pilani |
| State | Rajasthan |
| Address | Near Trivani Pyau Rajgarh Roadpilani Distt Jhunjhunu |
These details are essential not only for online banking users but also for businesses and individuals who use Bank Of India in Pilani for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0006647 for the Pilani 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 that is provided by the Reserve Bank of India. A unique IFSC like BKID0006647 is given to every bank branch, including Bank Of India located in Pilani, Pilani, Rajasthan, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Bank Of India branch in Pilani.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any kind of confusion between multiple branches of the same bank across different places like Pilani and Pilani.
- It removes errors in fund transfers and improves accuracy.
- It lets the sender banks validate and confirm branch details before they process the payments.
There are thousands of branches across Rajasthan and the rest of India, which is why the IFSC Code ensures that transactions meant for Bank Of India in Pilani doesn't end up at another location.
Format of the IFSC Code BKID0006647
The format of the IFSC Code for banks, including Bank Of India, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): These represent the bank code. In Bank Of India, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Pilani in Pilani.
For example, the IFSC Code BKID0006647 of Bank Of India for the Pilani branch has these elements, identifying the bank and the branch location in Pilani and Rajasthan correctly.
How to Find IFSC Code for Bank Of India?
If you are looking for the IFSC Code BKID0006647 of Bank Of India for its Pilani branch located in Pilani, 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 Pilani and Pilani, 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 Pilani or Pilani to get the exact IFSC Code BKID0006647.
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 Pilani, then it will provide you proper information.
How to Use IFSC Code BKID0006647 for Online Transfers?
Once you have the IFSC Code BKID0006647 for the Pilani branch of Bank Of India in Pilani, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code BKID0006647. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and Bank Of India IFSC Code BKID0006647.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Bank Of India Pilani in Pilani, it can result in delayed or failed transactions.
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 Pilani, 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 Pilani manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is BKID0006647.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Near Trivani Pyau Rajgarh Roadpilani Distt Jhunjhunu located in Pilani, Pilani, Rajasthan.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.