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 Rudrapur Branch branch in Rudrapur, Rudrapur, or Uttarakhand, 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 Rudrapur or anywhere in Uttarakhand can transfer funds instantly by using the correct IFSC Code BKID0006892. 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, Rudrapur Branch, Rudrapur

Here are the key points that are associated with the IFSC Code BKID0006892 of Bank Of India for its branch located in Rudrapur, within the district of Rudrapur in the state of Uttarakhand.

Particulars Details
Bank Bank Of India
IFSC Code BKID0006892
Branch Rudrapur Branch
City Rudrapur
District Rudrapur
State Uttarakhand
Address A 9 Avas Vikas Rudrapurdistt Udham Singh Nagar

These details are essential not only for online banking users but also for businesses and individuals who use Bank Of India in Rudrapur for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0006892 for the Rudrapur Branch 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, along with Bank Of India located in Rudrapur Branch, Rudrapur, Uttarakhand, are given a unique IFSC like BKID0006892 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Rudrapur.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents any kind of confusion between different branches of the same bank in places like Rudrapur and Rudrapur.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It helps ensure that any money sent to Bank Of India in Rudrapur Branch goes to the correct branch. This is important because Bank Of India has thousands of branches in Uttarakhand and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code BKID0006892

The format of the IFSC Code for banks, including Bank Of India, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown of this:

  • First 4 characters (AAAA): Represent the bank code. For Bank Of India, these characters are the bank's short identifier.
  • 5th character (0): Always zero which is reserved for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Rudrapur Branch in Rudrapur.

For example, the IFSC Code BKID0006892 of Bank Of India for the Rudrapur Branch branch includes these elements, identifying the bank and the branch location in Rudrapur and Uttarakhand accurately.

How to Find IFSC Code for Bank Of India?

To find the IFSC Code BKID0006892 of Bank Of India for its Rudrapur Branch branch located in Rudrapur, 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 Rudrapur and Rudrapur, 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 Rudrapur Branch or Rudrapur to find the exact IFSC Code BKID0006892.

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 Rudrapur will provide accurate information.

How to Use IFSC Code BKID0006892 for Online Transfers?

If you have the IFSC Code BKID0006892 for the Rudrapur Branch branch of Bank Of India in Rudrapur, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0006892. 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 BKID0006892.

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 Rudrapur Branch in Rudrapur, 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 Rudrapur Branch, 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 Rudrapur 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 Rudrapur Branch, Rudrapur?

The IFSC Code is BKID0006892.

Is the IFSC Code BKID0006892 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

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

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

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

What is the full address of the Rudrapur Branch branch?

The address of the branch is A 9 Avas Vikas Rudrapurdistt Udham Singh Nagar located in Rudrapur, Rudrapur, Uttarakhand.

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.