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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Bank Of India for its Sarubera branch in Sarubera (Jd), Sarubera Jd, Jharkhand, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of Bank Of India located in Sarubera (Jd) or anywhere in Jharkhand can transfer funds instantly by using the correct IFSC Code BKID0004869. 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, Sarubera, Sarubera (Jd)
Here are some of the key details that come with the IFSC Code BKID0004869 of Bank Of India for its branch located in Sarubera (Jd), within the district of Sarubera Jd in the state of Jharkhand.
| Particulars | Details |
|---|---|
| Bank | Bank Of India |
| IFSC Code | BKID0004869 |
| Branch | Sarubera |
| City | Sarubera (Jd) |
| District | Sarubera Jd |
| State | Jharkhand |
| Address | Saruberavia Kuju |
These details are crucial, not just for online banking users but also for businesses and individuals who use Bank Of India in Sarubera (Jd) for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0004869 for the Sarubera branch of Bank Of India has 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 BKID0004869 is given to every bank branch, including Bank Of India located in Sarubera, Sarubera (Jd), 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 Sarubera (Jd).
- 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 Sarubera (Jd) and Sarubera Jd.
- 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 Sarubera doesn't end up at another location.
Format of the IFSC Code BKID0004869
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 Sarubera in Sarubera (Jd).
For example, the IFSC Code BKID0004869 of Bank Of India for the Sarubera branch includes these elements, identifying the bank and the branch location in Sarubera (Jd) and Jharkhand accurately.
How to Find IFSC Code for Bank Of India?
To find the IFSC Code BKID0004869 of Bank Of India for its Sarubera branch located in Sarubera (Jd), 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 Sarubera (Jd) and Sarubera Jd, 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 Sarubera or Sarubera (Jd) to find the exact IFSC Code BKID0004869.
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 Sarubera (Jd) will provide accurate information.
How to Use IFSC Code BKID0004869 for Online Transfers?
Once you have the IFSC Code BKID0004869 for the Sarubera branch of Bank Of India in Sarubera (Jd), you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code BKID0004869. 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 BKID0004869.
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 Sarubera in Sarubera (Jd), 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 Sarubera, 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 Sarubera (Jd) to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is BKID0004869.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Saruberavia Kuju located in Sarubera (Jd), Sarubera Jd, Jharkhand.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.