IFSC Code of Bank Of India, Telmocho, Telmocho Dist Dhanbad, Jharkhand- BKID0004740

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 Telmocho branch in Telmocho (Dist. Dhanbad), Telmocho Dist Dhanbad, Jharkhand, 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 Telmocho (Dist. Dhanbad) or anywhere in Jharkhand can easily transfer funds instantly by using the correct IFSC Code BKID0004740. 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, Telmocho, Telmocho (Dist. Dhanbad)

Here are the main details that are associated with the IFSC Code BKID0004740 of Bank Of India for its branch located in Telmocho (Dist. Dhanbad), within the district of Telmocho Dist Dhanbad in the state of Jharkhand.

These details help users in online banking and for businesses and individuals who use Bank Of India in Telmocho (Dist. Dhanbad) for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0004740 for the Telmocho 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Bank Of India located in Telmocho, Telmocho (Dist. Dhanbad), Jharkhand, is provided a unique IFSC like BKID0004740 so that their online payments reach the right place.

The IFSC Code is important because:

• It uniquely recognizes the Bank Of India branch in Telmocho (Dist. Dhanbad).
• 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 Telmocho (Dist. Dhanbad) and Telmocho Dist Dhanbad.
• 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 Jharkhand and the rest of India, the IFSC Code ensures that transactions meant for Bank Of India in Telmocho do not get misguided to another person.

Format of the IFSC Code BKID0004740

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 Telmocho in Telmocho (Dist. Dhanbad).

For example, the IFSC Code BKID0004740 of Bank Of India for the Telmocho branch has these elements, identifying the bank and the branch location in Telmocho (Dist. Dhanbad) and Jharkhand correctly.

How to Find IFSC Code for Bank Of India?

To find the IFSC Code BKID0004740 of Bank Of India for its Telmocho branch located in Telmocho (Dist. Dhanbad), 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 Telmocho (Dist. Dhanbad) and Telmocho Dist Dhanbad, 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 Telmocho or Telmocho (Dist. Dhanbad) to find the exact IFSC Code BKID0004740.

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 Telmocho (Dist. Dhanbad) will provide accurate information.

How to Use IFSC Code BKID0004740 for Online Transfers?

If you have the IFSC Code BKID0004740 for the Telmocho branch of Bank Of India in Telmocho (Dist. Dhanbad), you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0004740. 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 BKID0004740.

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 Telmocho in Telmocho (Dist. Dhanbad), 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 Telmocho, 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 Telmocho (Dist. Dhanbad) manage their online transfers and cheque clearances easily.