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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Bank Of India for its Rajdhanwar branch in Rajdhanwar (Dist.Giridih), Rajdhanwar Distgiridih, or Jharkhand, this guide will help you with all the details.
There have been major changes in the banking sector in India and today, the customers of Bank Of India located in Rajdhanwar (Dist.Giridih) or anywhere in Jharkhand can transfer funds instantly by using the correct IFSC Code BKID0004816. 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, Rajdhanwar, Rajdhanwar (Dist.Giridih)
The table below shows the main details of the IFSC Code BKID0004816 for the Bank Of India branch in Rajdhanwar (Dist.Giridih), which falls under the Rajdhanwar Distgiridih district in Jharkhand.
| Particulars | Details |
|---|---|
| Bank | Bank Of India |
| IFSC Code | BKID0004816 |
| Branch | Rajdhanwar |
| City | Rajdhanwar (Dist.Giridih) |
| District | Rajdhanwar Distgiridih |
| State | Jharkhand |
| Address | Rajdhanwardistrict Giridih |
These details are essential not only for online banking users but also for businesses and individuals who use Bank Of India in Rajdhanwar (Dist.Giridih) for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0004816 for the Rajdhanwar 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 BKID0004816 is given to every bank branch, including Bank Of India located in Rajdhanwar, Rajdhanwar (Dist.Giridih), 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 Rajdhanwar (Dist.Giridih).
- 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 Rajdhanwar (Dist.Giridih) and Rajdhanwar Distgiridih.
- 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 Rajdhanwar doesn't end up at another location.
Format of the IFSC Code BKID0004816
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 Rajdhanwar in Rajdhanwar (Dist.Giridih).
For example, the IFSC Code BKID0004816 of Bank Of India for the Rajdhanwar branch includes these elements, identifying the bank and the branch location in Rajdhanwar (Dist.Giridih) and Jharkhand accurately.
How to Find IFSC Code for Bank Of India?
If you are trying to find the IFSC Code BKID0004816 of Bank Of India for its Rajdhanwar branch located in Rajdhanwar (Dist.Giridih), 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 Rajdhanwar (Dist.Giridih) and Rajdhanwar Distgiridih, 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 Rajdhanwar or Rajdhanwar (Dist.Giridih) to get the exact IFSC Code BKID0004816.
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 Rajdhanwar (Dist.Giridih) that will provide accurate information.
How to Use IFSC Code BKID0004816 for Online Transfers?
If you have the IFSC Code BKID0004816 for the Rajdhanwar branch of Bank Of India in Rajdhanwar (Dist.Giridih), you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code BKID0004816. 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 BKID0004816.
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 Rajdhanwar in Rajdhanwar (Dist.Giridih), 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 Rajdhanwar, here are some ways that 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.
If you know both IFSC and MICR codes, then it can help account holders in Rajdhanwar (Dist.Giridih) manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is BKID0004816.
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 Rajdhanwardistrict Giridih located in Rajdhanwar (Dist.Giridih), Rajdhanwar Distgiridih, Jharkhand.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.