There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Bank Of India for its T Murungapatti branch in T. Murungapatti (Dist. Tiruchirapally), T Murungapatti Dist Tiruchirapally, Tamil Nadu, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of Bank Of India situated in T. Murungapatti (Dist. Tiruchirapally) or anywhere in Tamil Nadu can easily transfer funds instantly by using the correct IFSC Code BKID0008316. You should 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, T Murungapatti, T. Murungapatti (Dist. Tiruchirapally)
Here are some of the key details that come with the IFSC Code BKID0008316 of Bank Of India for its branch located in T. Murungapatti (Dist. Tiruchirapally), within the district of T Murungapatti Dist Tiruchirapally in the state of Tamil Nadu.
| Particulars | Details |
|---|---|
| Bank | Bank Of India |
| IFSC Code | BKID0008316 |
| Branch | T Murungapatti |
| City | T. Murungapatti (Dist. Tiruchirapally) |
| District | T Murungapatti Dist Tiruchirapally |
| State | Tamil Nadu |
| Address | Main Roadt Murungapatti Dist Tiruchirapally |
These details are essential not only for online banking users but also for businesses and individuals who use Bank Of India in T. Murungapatti (Dist. Tiruchirapally) for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0008316 for the T Murungapatti branch of Bank Of India plays 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 T Murungapatti, T. Murungapatti (Dist. Tiruchirapally), Tamil Nadu, is provided a unique IFSC like BKID0008316 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Bank Of India branch in T. Murungapatti (Dist. Tiruchirapally).
- 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 T. Murungapatti (Dist. Tiruchirapally) and T Murungapatti Dist Tiruchirapally.
- 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 Tamil Nadu and the rest of India, the IFSC Code ensures that transactions meant for Bank Of India in T Murungapatti do not get misguided to another person.
Format of the IFSC Code BKID0008316
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 T Murungapatti in T. Murungapatti (Dist. Tiruchirapally).
For example, the IFSC Code BKID0008316 of Bank Of India for the T Murungapatti branch has these elements, identifying the bank and the branch location in T. Murungapatti (Dist. Tiruchirapally) and Tamil Nadu correctly.
How to Find IFSC Code for Bank Of India?
If you are trying to find the IFSC Code BKID0008316 of Bank Of India for its T Murungapatti branch located in T. Murungapatti (Dist. Tiruchirapally), 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
You can easily find the IFSC and MICR codes because most banks, including Bank Of India branches in T. Murungapatti (Dist. Tiruchirapally) and T Murungapatti Dist Tiruchirapally, print them 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 T Murungapatti or T. Murungapatti (Dist. Tiruchirapally) to get the exact IFSC Code BKID0008316.
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 T. Murungapatti (Dist. Tiruchirapally), you'll get the correct details.
How to Use IFSC Code BKID0008316 for Online Transfers?
Once you have the IFSC Code BKID0008316 for the T Murungapatti branch of Bank Of India in T. Murungapatti (Dist. Tiruchirapally), you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code BKID0008316. Transfers are processed in batches. This is 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. Requires the recipient's account details and Bank Of India IFSC Code BKID0008316.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Bank Of India T Murungapatti in T. Murungapatti (Dist. Tiruchirapally) 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 T Murungapatti, 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 T. Murungapatti (Dist. Tiruchirapally) to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is BKID0008316.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Main Roadt Murungapatti Dist Tiruchirapally located in T. Murungapatti (Dist. Tiruchirapally), T Murungapatti Dist Tiruchirapally, Tamil Nadu.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.