IFSC Code of Bank Of India, Sagramdih, Sagramdih Dist Dhanbad, Jharkhand- BKID0004745

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 Sagramdih branch in Sagramdih (Dist. Dhanbad), Sagramdih Dist Dhanbad, 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 Sagramdih (Dist. Dhanbad) or anywhere in Jharkhand can transfer funds instantly by using the correct IFSC Code BKID0004745. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Bank Of India, Sagramdih, Sagramdih (Dist. Dhanbad)

Here are some of the key details that come with the IFSC Code BKID0004745 of Bank Of India for its branch located in Sagramdih (Dist. Dhanbad), within the district of Sagramdih Dist Dhanbad in the state of Jharkhand.

These details help users in online banking and for businesses and individuals who use Bank Of India in Sagramdih (Dist. Dhanbad) for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0004745 for the Sagramdih branch of Bank Of India has a very 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 Sagramdih, Sagramdih (Dist. Dhanbad), Jharkhand, is provided with a unique IFSC like BKID0004745 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It uniquely identifies the Bank Of India branch in Sagramdih (Dist. Dhanbad).
• 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 Sagramdih (Dist. Dhanbad) and Sagramdih Dist Dhanbad.
• 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 Jharkhand and the rest of India and the IFSC Code ensures that transactions meant for Bank Of India in Sagramdih do not get mixed with another location.

Format of the IFSC Code BKID0004745

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 Sagramdih in Sagramdih (Dist. Dhanbad).

For example, the IFSC Code BKID0004745 of Bank Of India for the Sagramdih branch includes these elements, identifying the bank and the branch location in Sagramdih (Dist. Dhanbad) and Jharkhand accurately.

How to Find IFSC Code for Bank Of India?

If you are trying to find the IFSC Code BKID0004745 of Bank Of India for its Sagramdih branch located in Sagramdih (Dist. Dhanbad), the following methods can help:

Cheque Book

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

Passbook

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

Bank Website

Visit the official website of Bank Of India and navigate to the branch locator section. Search for Sagramdih or Sagramdih (Dist. Dhanbad) to get the exact IFSC Code BKID0004745.

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 keeps an updated list of all IFSC codes. If you search for Bank Of India and Sagramdih (Dist. Dhanbad), you'll get the correct details.

How to Use IFSC Code BKID0004745 for Online Transfers?

Once you have the IFSC Code BKID0004745 for the Sagramdih branch of Bank Of India in Sagramdih (Dist. Dhanbad), you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0004745. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. You need the recipient's account details and Bank Of India IFSC Code BKID0004745.

Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Bank Of India Sagramdih in Sagramdih (Dist. Dhanbad), it can 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 Sagramdih, 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 Sagramdih (Dist. Dhanbad) to handle online money transfers and get their cheques cleared smoothly.