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 Bahter branch in Sawai Madhopur, Rj, Sawai Madhopur Rj, Rajasthan, 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 Sawai Madhopur, Rj or anywhere in Rajasthan can transfer funds instantly by using the correct IFSC Code BKID0007476. 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, Bahter, Sawai Madhopur, Rj
Here are some of the key details that come with the IFSC Code BKID0007476 of Bank Of India for its branch located in Sawai Madhopur, Rj, within the district of Sawai Madhopur Rj in the state of Rajasthan.
| Particulars | Details |
|---|---|
| Bank | Bank Of India |
| IFSC Code | BKID0007476 |
| Branch | Bahter |
| City | Sawai Madhopur, Rj |
| District | Sawai Madhopur Rj |
| State | Rajasthan |
| Address | On Megha Highwaynew Colonyon Megha Highwaynew Colony |
These details help users in online banking and for businesses and individuals who use Bank Of India in Sawai Madhopur, Rj for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0007476 for the Bahter 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 Bahter, Sawai Madhopur, Rj, Rajasthan, is provided with a unique IFSC like BKID0007476 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Bank Of India branch in Sawai Madhopur, Rj.
- 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 Sawai Madhopur, Rj and Sawai Madhopur Rj.
- 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 Rajasthan and the rest of India and the IFSC Code ensures that transactions meant for Bank Of India in Bahter do not get mixed with another location.
Format of the IFSC Code BKID0007476
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 Bahter in Sawai Madhopur, Rj.
For example, the IFSC Code BKID0007476 of Bank Of India for the Bahter branch includes these elements, identifying the bank and the branch location in Sawai Madhopur, Rj and Rajasthan accurately.
How to Find IFSC Code for Bank Of India?
If you are looking for the IFSC Code BKID0007476 of Bank Of India for its Bahter branch located in Sawai Madhopur, Rj, the following methods can help:
Cheque Book
The cheque book that is issued by Bank Of India includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including Bank Of India branches in Sawai Madhopur, Rj and Sawai Madhopur Rj, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of Bank Of India and look for the branch locator section, then search for Bahter or Sawai Madhopur, Rj to get the exact IFSC Code BKID0007476.
Mobile Banking App
If you use Bank Of India's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Bank Of India and Sawai Madhopur, Rj, then it will provide you proper information.
How to Use IFSC Code BKID0007476 for Online Transfers?
If you have the IFSC Code BKID0007476 for the Bahter branch of Bank Of India in Sawai Madhopur, Rj, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code BKID0007476. 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 BKID0007476.
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 Bahter in Sawai Madhopur, Rj, 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 Bahter, 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 Sawai Madhopur, Rj manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Bahter Sawai Madhopur, Rj branch is BKID0007476.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at On Megha Highwaynew Colonyon Megha Highwaynew Colony.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.