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 Sukruli branch in Sukruli (Dist. Mayurbhanj), Sukruli Dist Mayurbhanj, Odisha, 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 Sukruli (Dist. Mayurbhanj) or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code BKID0005463. 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, Sukruli, Sukruli (Dist. Mayurbhanj)

Here are the key points that are associated with the IFSC Code BKID0005463 of Bank Of India for its branch located in Sukruli (Dist. Mayurbhanj), within the district of Sukruli Dist Mayurbhanj in the state of Odisha.

Particulars Details
Bank Bank Of India
IFSC Code BKID0005463
Branch Sukruli
City Sukruli (Dist. Mayurbhanj)
District Sukruli Dist Mayurbhanj
State Odisha
Address At Post Sukrulidistrict Mayurbhanj

These details are crucial, not just for online banking users but also for businesses and individuals who use Bank Of India in Sukruli (Dist. Mayurbhanj) for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0005463 for the Sukruli 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Bank Of India located in Sukruli, Sukruli (Dist. Mayurbhanj), Odisha, is provided a unique IFSC like BKID0005463 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Bank Of India branch in Sukruli (Dist. Mayurbhanj).
  • Helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any confusions between multiple branches of the same bank across different places like Sukruli (Dist. Mayurbhanj) and Sukruli Dist Mayurbhanj.
  • It reduces most of the errors in fund transfers and makes sure its accuracy.
  • It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Odisha and the rest of India, the IFSC Code ensures that transactions meant for Bank Of India in Sukruli do not get misguided to another person.

Format of the IFSC Code BKID0005463

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

AAAA0CCCCCC

Here's the breakdown:

  • First 4 characters (AAAA): Show the bank code. For Bank Of India, these letters represent the bank's short name.
  • 5th character: Is always zero and is kept for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Sukruli in Sukruli (Dist. Mayurbhanj).

For example, the IFSC Code BKID0005463 of Bank Of India for the Sukruli branch includes these elements, identifying the bank and the branch location in Sukruli (Dist. Mayurbhanj) and Odisha correctly.

How to Find IFSC Code for Bank Of India?

If you are looking for the IFSC Code BKID0005463 of Bank Of India for its Sukruli branch located in Sukruli (Dist. Mayurbhanj), 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 Sukruli (Dist. Mayurbhanj) and Sukruli Dist Mayurbhanj, 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 Sukruli or Sukruli (Dist. Mayurbhanj) to get the exact IFSC Code BKID0005463.

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 Sukruli (Dist. Mayurbhanj), then it will provide you proper information.

How to Use IFSC Code BKID0005463 for Online Transfers?

Once you have the IFSC Code BKID0005463 for the Sukruli branch of Bank Of India in Sukruli (Dist. Mayurbhanj), you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0005463. 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 BKID0005463.

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 Sukruli in Sukruli (Dist. Mayurbhanj), it can result in delayed or failed transactions.

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 Sukruli, 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 Sukruli (Dist. Mayurbhanj) to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of India in Sukruli, Sukruli (Dist. Mayurbhanj)?

The IFSC Code is BKID0005463.

Is the IFSC Code BKID0005463 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Bank Of India Sukruli?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Sukruli branch?

The address of the branch is At Post Sukrulidistrict Mayurbhanj located in Sukruli (Dist. Mayurbhanj), Sukruli Dist Mayurbhanj, Odisha.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.