IFSC Code of Bank Of India, Sarangashol, Sarangashol Dist East Singhbhum, Jharkhand- BKID0004577

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 Sarangashol branch in Sarangashol (Dist. East Singhbhum), Sarangashol Dist East Singhbhum, 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 Sarangashol (Dist. East Singhbhum) or anywhere in Jharkhand can transfer funds instantly by using the correct IFSC Code BKID0004577. 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, Sarangashol, Sarangashol (Dist. East Singhbhum)

Below in the table are the key details related to IFSC Code BKID0004577 of Bank Of India for its branch located in Sarangashol (Dist. East Singhbhum), within the district of Sarangashol Dist East Singhbhum in the state of Jharkhand.

These details are important not only for users using online banking but also for businesses and individuals who use Bank Of India in Sarangashol (Dist. East Singhbhum) for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code BKID0004577 for the Sarangashol branch of Bank Of India is vital.

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 Sarangashol, Sarangashol (Dist. East Singhbhum), Jharkhand, are given a unique IFSC like BKID0004577 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It clearly tells which bank branch it is in Sarangashol (Dist. East Singhbhum).
• 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 Sarangashol (Dist. East Singhbhum) and Sarangashol Dist East Singhbhum.
• 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 Sarangashol goes to the correct branch. This is important because Bank Of India has thousands of branches in Jharkhand and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code BKID0004577

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 Sarangashol in Sarangashol (Dist. East Singhbhum).

For example, the IFSC Code BKID0004577 of Bank Of India for the Sarangashol branch includes these elements, identifying the bank and the branch location in Sarangashol (Dist. East Singhbhum) and Jharkhand accurately.

How to Find IFSC Code for Bank Of India?

To find the IFSC Code BKID0004577 of Bank Of India for its Sarangashol branch located in Sarangashol (Dist. East Singhbhum), 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 Sarangashol (Dist. East Singhbhum) and Sarangashol Dist East Singhbhum, 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 Sarangashol or Sarangashol (Dist. East Singhbhum) to find the exact IFSC Code BKID0004577.

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 Sarangashol (Dist. East Singhbhum) will provide accurate information.

How to Use IFSC Code BKID0004577 for Online Transfers?

If you have the IFSC Code BKID0004577 for the Sarangashol branch of Bank Of India in Sarangashol (Dist. East Singhbhum), you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0004577. 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 BKID0004577.

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 Sarangashol in Sarangashol (Dist. East Singhbhum), it 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 Sarangashol, 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 Sarangashol (Dist. East Singhbhum) manage online transfers as well as cheque clearances with ease.