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 Raidihmore branch in Raidihmore (Dist. Ranchi), Raidihmore Dist Ranchi, Jharkhand, 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 Raidihmore (Dist. Ranchi) or anywhere in Jharkhand can transfer funds instantly by using the correct IFSC Code BKID0004936. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Bank Of India, Raidihmore, Raidihmore (Dist. Ranchi)

Below in the table are the key details related to IFSC Code BKID0004936 of Bank Of India for its branch located in Raidihmore (Dist. Ranchi), within the district of Raidihmore Dist Ranchi in the state of Jharkhand.

Particulars Details
Bank Bank Of India
IFSC Code BKID0004936
Branch Raidihmore
City Raidihmore (Dist. Ranchi)
District Raidihmore Dist Ranchi
State Jharkhand
Address At Post Rargaondist Ranchi

These details helps users in online banking and for businesses and individuals who use Bank Of India in Raidihmore (Dist. Ranchi) for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0004936 for the Raidihmore 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 Raidihmore, Raidihmore (Dist. Ranchi), Jharkhand, is provided a unique IFSC like BKID0004936 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Bank Of India branch in Raidihmore (Dist. Ranchi).
  • 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 Raidihmore (Dist. Ranchi) and Raidihmore Dist Ranchi.
  • 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 Jharkhand and the rest of India, the IFSC Code ensures that transactions meant for Bank Of India in Raidihmore do not get misguided to another person.

Format of the IFSC Code BKID0004936

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 Raidihmore in Raidihmore (Dist. Ranchi).

For example, the IFSC Code BKID0004936 of Bank Of India for the Raidihmore branch includes these elements, identifying the bank and the branch location in Raidihmore (Dist. Ranchi) and Jharkhand accurately.

How to Find IFSC Code for Bank Of India?

If you are looking for the IFSC Code BKID0004936 of Bank Of India for its Raidihmore branch located in Raidihmore (Dist. Ranchi), 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 Raidihmore (Dist. Ranchi) and Raidihmore Dist Ranchi, 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 Raidihmore or Raidihmore (Dist. Ranchi) to get the exact IFSC Code BKID0004936.

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 Raidihmore (Dist. Ranchi), then it will provide you proper information.

How to Use IFSC Code BKID0004936 for Online Transfers?

Once you have the IFSC Code BKID0004936 for the Raidihmore branch of Bank Of India in Raidihmore (Dist. Ranchi), you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code BKID0004936. The transfer is completed in batches instead of instantly. It is useful for both 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 BKID0004936.

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 Raidihmore in Raidihmore (Dist. Ranchi), your payment can get delayed or might not go through at all.

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 Raidihmore, 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 Raidihmore (Dist. Ranchi) 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 Raidihmore, Raidihmore (Dist. Ranchi)?

The IFSC Code is BKID0004936.

Is the IFSC Code BKID0004936 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and IFSC is for online transfers.

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

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Raidihmore branch?

The address of the branch is At Post Rargaondist Ranchi located in Raidihmore (Dist. Ranchi), Raidihmore Dist Ranchi, 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.