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 Parsehra Dhakhia branch in Sitapur, Sitapur, Uttar Pradesh, 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 Sitapur or anywhere in Uttar Pradesh can transfer funds instantly by using the correct IFSC Code BKID0AG2230. 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, Parsehra Dhakhia, Sitapur
Below in the table are the key details related to IFSC Code BKID0AG2230 of Bank Of India for its branch located in Sitapur, within the district of Sitapur in the state of Uttar Pradesh.
| Particulars | Details |
|---|---|
| Bank | Bank Of India |
| IFSC Code | BKID0AG2230 |
| Branch | Parsehra Dhakhia |
| City | Sitapur |
| District | Sitapur |
| State | Uttar Pradesh |
| Address | Vill. Parsehra Dhakhia. Block Maholi Poparsehra Dhakia Tahsilsitapur , Pin261141 |
These details help users in online banking and for businesses and individuals who use Bank Of India in Sitapur for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0AG2230 for the Parsehra Dhakhia 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 Parsehra Dhakhia, Sitapur, Uttar Pradesh, is provided with a unique IFSC like BKID0AG2230 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Bank Of India branch in Sitapur.
- 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 Sitapur and Sitapur.
- 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 Uttar Pradesh and the rest of India and the IFSC Code ensures that transactions meant for Bank Of India in Parsehra Dhakhia do not get mixed with another location.
Format of the IFSC Code BKID0AG2230
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 Parsehra Dhakhia in Sitapur.
For example, the IFSC Code BKID0AG2230 of Bank Of India for the Parsehra Dhakhia branch includes these elements, identifying the bank and the branch location in Sitapur and Uttar Pradesh accurately.
How to Find IFSC Code for Bank Of India?
If you are looking for the IFSC Code BKID0AG2230 of Bank Of India for its Parsehra Dhakhia branch located in Sitapur, 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 Sitapur and Sitapur, 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 Parsehra Dhakhia or Sitapur to get the exact IFSC Code BKID0AG2230.
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 Sitapur, then it will provide you proper information.
How to Use IFSC Code BKID0AG2230 for Online Transfers?
If you have the IFSC Code BKID0AG2230 for the Parsehra Dhakhia branch of Bank Of India in Sitapur, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code BKID0AG2230. 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 BKID0AG2230.
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 Parsehra Dhakhia in Sitapur, it may 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 Parsehra Dhakhia, 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 Sitapur manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is BKID0AG2230.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Vill. Parsehra Dhakhia. Block Maholi Poparsehra Dhakia Tahsilsitapur , Pin261141 located in Sitapur, Sitapur, Uttar Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.