IFSC Code of Bank Of India, Jhala, Bhinga, Uttar Pradesh — BKID0AG1824

For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Bank Of India for its Jhala branch in Shravasti, Bhinga, Uttar Pradesh, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly over the years, and today customers of Bank Of India located in Shravasti or anywhere in Uttar Pradesh can transfer funds instantly by using the correct IFSC Code BKID0AG1824. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Bank Of India, Jhala, Shravasti

Here are the main details that are associated with the IFSC Code BKID0AG1824 of Bank Of India for its branch located in Shravasti, within the district of Bhinga in the state of Uttar Pradesh.

These details helps users in online banking and for businesses and individuals who use Bank Of India in Shravasti for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0AG1824 for the Jhala branch of Bank Of India plays a vital 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 BKID0AG1824 is given to every bank branch, including Bank Of India located in Jhala, Shravasti, Uttar Pradesh, 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 Shravasti.
• 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 Shravasti and Bhinga.
• 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 Uttar Pradesh and the rest of India, which is why the IFSC Code ensures that transactions meant for Bank Of India in Jhala doesn't end up at another location.

Format of the IFSC Code BKID0AG1824

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

AAAA0CCCCCC

Here's the breakdown:

• First 4 characters (AAAA): These represent the bank code. In Bank Of India, they are a short identifier for the bank.
• 5th character (0): This is always zero and is reserved for future use.
• Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Jhala in Shravasti.

For example, the IFSC Code BKID0AG1824 of Bank Of India for the Jhala branch has these elements, identifying the bank and the branch location in Shravasti and Uttar Pradesh correctly.

How to Find IFSC Code for Bank Of India?

If you are trying to find the IFSC Code BKID0AG1824 of Bank Of India for its Jhala branch located in Shravasti, 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 Shravasti and Bhinga, 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 Jhala or Shravasti to get the exact IFSC Code BKID0AG1824.

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 Shravasti, you'll get the correct details.

How to Use IFSC Code BKID0AG1824 for Online Transfers?

Once you have the IFSC Code BKID0AG1824 for the Jhala branch of Bank Of India in Shravasti, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0AG1824. 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 BKID0AG1824.

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 Jhala in Shravasti, it can result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Bank Of India in Jhala, here are some of the ways you can get 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.

Knowing both IFSC and MICR code can help account holders in Shravasti manage their online transfers and cheque clearances easily.