IFSC Code of Bank Of India, Sumandal, Sumandal Dist Ganjam, Odisha- BKID0005156

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 Sumandal branch in Sumandal (Dist. Ganjam), Sumandal Dist Ganjam, 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 Sumandal (Dist. Ganjam) or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code BKID0005156. 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, Sumandal, Sumandal (Dist. Ganjam)

The table below shows the main details of the IFSC Code BKID0005156 for the Bank Of India branch in Sumandal (Dist. Ganjam), which falls under the Sumandal Dist Ganjam district in Odisha.

These details are important not only for users using online banking but also for businesses and individuals who use Bank Of India in Sumandal (Dist. Ganjam) for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code BKID0005156 for the Sumandal branch of Bank Of India is vital.

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, along with Bank Of India located in Sumandal, Sumandal (Dist. Ganjam), Odisha, are allotted a unique IFSC like BKID0005156 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It clearly tells which bank branch it is in Sumandal (Dist. Ganjam).
• It helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It prevents confusion between different branches of the same bank in places like Sumandal (Dist. Ganjam) and Sumandal Dist Ganjam.
• It reduces errors in fund transfers and improves accuracy.
• It helps the sender banks to validate and confirm branch details before processing payments.

It makes sure that money sent to Bank Of India in Sumandal reaches the right place, even though there are thousands of branches in Odisha and across India.

Format of the IFSC Code BKID0005156

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 Sumandal in Sumandal (Dist. Ganjam).

For example, the IFSC Code BKID0005156 of Bank Of India for the Sumandal branch includes these elements, identifying the bank and the branch location in Sumandal (Dist. Ganjam) and Odisha accurately.

How to Find IFSC Code for Bank Of India?

To find the IFSC Code BKID0005156 of Bank Of India for its Sumandal branch located in Sumandal (Dist. Ganjam), 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 Sumandal (Dist. Ganjam) and Sumandal Dist Ganjam, 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 Sumandal or Sumandal (Dist. Ganjam) to find the exact IFSC Code BKID0005156.

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 Sumandal (Dist. Ganjam) will provide accurate information.

How to Use IFSC Code BKID0005156 for Online Transfers?

If you have the IFSC Code BKID0005156 for the Sumandal branch of Bank Of India in Sumandal (Dist. Ganjam), you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0005156. 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 BKID0005156.

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 Sumandal in Sumandal (Dist. Ganjam), it may 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 Sumandal, 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 Sumandal (Dist. Ganjam) to handle online money transfers and get their cheques cleared smoothly.