The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Bank Of India for its Poda Astia branch in Poda Astia (Distt Mayurbhanj), Poda Astia Distt Mayurbhanj, Odisha, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of Bank Of India located in Poda Astia (Distt Mayurbhanj) or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code BKID0005512. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Bank Of India, Poda Astia, Poda Astia (Distt Mayurbhanj)
The table below shows the main details of the IFSC Code BKID0005512 for the Bank Of India branch in Poda Astia (Distt Mayurbhanj), which falls under the Poda Astia Distt Mayurbhanj district in Odisha.
| Particulars | Details |
|---|---|
| Bank | Bank Of India |
| IFSC Code | BKID0005512 |
| Branch | Poda Astia |
| City | Poda Astia (Distt Mayurbhanj) |
| District | Poda Astia Distt Mayurbhanj |
| State | Odisha |
| Address | At Po Poda Astiadistt Mayurbhanj |
These details are crucial, not just for online banking users but also for businesses and individuals who use Bank Of India in Poda Astia (Distt Mayurbhanj) for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0005512 for the Poda Astia 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, including Bank Of India located in Poda Astia, Poda Astia (Distt Mayurbhanj), Odisha, is provided with a unique IFSC like BKID0005512 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Bank Of India branch in Poda Astia (Distt Mayurbhanj).
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any errors or confusions between multiple branches of the same bank across different places like Poda Astia (Distt Mayurbhanj) and Poda Astia Distt Mayurbhanj.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Odisha and the rest of India and the IFSC Code ensures that transactions meant for Bank Of India in Poda Astia do not get mixed with another location.
Format of the IFSC Code BKID0005512
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 Poda Astia in Poda Astia (Distt Mayurbhanj).
For example, the IFSC Code BKID0005512 of Bank Of India for the Poda Astia branch includes these elements, identifying the bank and the branch location in Poda Astia (Distt Mayurbhanj) and Odisha accurately.
How to Find IFSC Code for Bank Of India?
If you are trying to find the IFSC Code BKID0005512 of Bank Of India for its Poda Astia branch located in Poda Astia (Distt Mayurbhanj), 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 Poda Astia (Distt Mayurbhanj) and Poda Astia Distt Mayurbhanj, 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 Poda Astia or Poda Astia (Distt Mayurbhanj) to get the exact IFSC Code BKID0005512.
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 Poda Astia (Distt Mayurbhanj) that will provide accurate information.
How to Use IFSC Code BKID0005512 for Online Transfers?
Once you have the IFSC Code BKID0005512 for the Poda Astia branch of Bank Of India in Poda Astia (Distt Mayurbhanj), you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code BKID0005512. 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 BKID0005512.
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 Poda Astia in Poda Astia (Distt Mayurbhanj) 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 Poda Astia, 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 Poda Astia (Distt Mayurbhanj) to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is BKID0005512.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is At Po Poda Astiadistt Mayurbhanj located in Poda Astia (Distt Mayurbhanj), Poda Astia Distt Mayurbhanj, Odisha.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.