IFSC Code of Bank Of India, Ragadi, Ragadi Dist Jajpur, Odisha — BKID0005104

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 Ragadi branch in Ragadi (Dist. Jajpur), Ragadi Dist Jajpur, 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 Ragadi (Dist. Jajpur) or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code BKID0005104. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Bank Of India, Ragadi, Ragadi (Dist. Jajpur)

Below in the table are the key details related to IFSC Code BKID0005104 of Bank Of India for its branch located in Ragadi (Dist. Jajpur), within the district of Ragadi Dist Jajpur in the state of Odisha.

These details are essential not only for online banking users but also for businesses and individuals who use Bank Of India in Ragadi (Dist. Jajpur) for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0005104 for the Ragadi 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 provided by the Reserve Bank of India. Every bank branch, including Bank Of India located in Ragadi, Ragadi (Dist. Jajpur), Odisha, is provided with a unique IFSC like BKID0005104 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It uniquely identifies the Bank Of India branch in Ragadi (Dist. Jajpur).
• 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 Ragadi (Dist. Jajpur) and Ragadi Dist Jajpur.
• 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 Ragadi do not get mixed with another location.

Format of the IFSC Code BKID0005104

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 Ragadi in Ragadi (Dist. Jajpur).

For example, the IFSC Code BKID0005104 of Bank Of India for the Ragadi branch includes these elements, identifying the bank and the branch location in Ragadi (Dist. Jajpur) and Odisha accurately.

How to Find IFSC Code for Bank Of India?

To find the IFSC Code BKID0005104 of Bank Of India for its Ragadi branch located in Ragadi (Dist. Jajpur), the following methods can help you out:

Cheque Book

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

Passbook

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

Bank Website

Visit the official website of Bank Of India and go to the branch locator section. Then search for Ragadi or Ragadi (Dist. Jajpur) to find the exact IFSC Code BKID0005104.

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 maintains an updated database of all IFSC codes. Searching for Bank Of India and Ragadi (Dist. Jajpur) will provide accurate information.

How to Use IFSC Code BKID0005104 for Online Transfers?

Once you have the IFSC Code BKID0005104 for the Ragadi branch of Bank Of India in Ragadi (Dist. Jajpur), you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0005104. 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 BKID0005104.

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 Ragadi in Ragadi (Dist. Jajpur) may result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Bank Of India in Ragadi, you can find it by any of the following ways:

• Check the bottom of your cheque leaf.
• Go to the first page of your passbook.
• Visit the official Bank Of India website.
• Search the RBI portal.

Having both IFSC and MICR codes helps account holders in Ragadi (Dist. Jajpur) manage online transfers as well as cheque clearances with ease.