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 Pipcho branch in Pipcho (Dist. Koderma), Pipcho Dist Koderma, Jharkhand, 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 Pipcho (Dist. Koderma) or anywhere in Jharkhand can transfer funds instantly by using the correct IFSC Code BKID0004899. 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, Pipcho, Pipcho (Dist. Koderma)

Below in the table are the key details related to IFSC Code BKID0004899 of Bank Of India for its branch located in Pipcho (Dist. Koderma), within the district of Pipcho Dist Koderma in the state of Jharkhand.

Particulars Details
Bank Bank Of India
IFSC Code BKID0004899
Branch Pipcho
City Pipcho (Dist. Koderma)
District Pipcho Dist Koderma
State Jharkhand
Address Vill Pipchopo Makatpur Via Jainagar Dist Koderma

These details are important not only for users using online banking but also for businesses and individuals who use Bank Of India in Pipcho (Dist. Koderma) for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code BKID0004899 for the Pipcho branch of Bank Of India is vital.

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 BKID0004899 is given to every bank branch, including Bank Of India located in Pipcho, Pipcho (Dist. Koderma), Jharkhand, 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 Pipcho (Dist. Koderma).
  • 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 Pipcho (Dist. Koderma) and Pipcho Dist Koderma.
  • 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 Jharkhand and the rest of India, which is why the IFSC Code ensures that transactions meant for Bank Of India in Pipcho doesn't end up at another location.

Format of the IFSC Code BKID0004899

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 Pipcho in Pipcho (Dist. Koderma).

For example, the IFSC Code BKID0004899 of Bank Of India for the Pipcho branch includes these elements, identifying the bank and the branch location in Pipcho (Dist. Koderma) and Jharkhand correctly.

How to Find IFSC Code for Bank Of India?

If you are trying to find the IFSC Code BKID0004899 of Bank Of India for its Pipcho branch located in Pipcho (Dist. Koderma), the following methods can help:

Cheque Book

The cheque book issued by Bank Of India includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.

Passbook

Most banks, including Bank Of India branches in Pipcho (Dist. Koderma) and Pipcho Dist Koderma, print the IFSC and MICR codes on the first page of your passbook.

Bank Website

Visit the official website of Bank Of India and navigate to the branch locator section. Search for Pipcho or Pipcho (Dist. Koderma) to get the exact IFSC Code BKID0004899.

Mobile Banking App

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

RBI Website

The Reserve Bank of India keeps an updated list of all IFSC codes. If you search for Bank Of India and Pipcho (Dist. Koderma), you'll get the correct details.

How to Use IFSC Code BKID0004899 for Online Transfers?

If you have the IFSC Code BKID0004899 for the Pipcho branch of Bank Of India in Pipcho (Dist. Koderma), you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0004899. Transfers are processed in batches. 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. Asks for the recipient's account details and Bank Of India IFSC Code BKID0004899.

Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Bank Of India Pipcho in Pipcho (Dist. Koderma), it 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 Pipcho, 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 Pipcho (Dist. Koderma) to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of India in Pipcho, Pipcho (Dist. Koderma)?

The IFSC Code is BKID0004899.

Is the IFSC Code BKID0004899 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Bank Of India Pipcho?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Pipcho branch?

The address of the branch is Vill Pipchopo Makatpur Via Jainagar Dist Koderma located in Pipcho (Dist. Koderma), Pipcho Dist Koderma, Jharkhand.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.