IFSC Code of Bank Of India, Tenughat, Tenughat Distt Bokaro, Jharkhand — BKID0005854

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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Bank Of India for its Tenughat branch in Tenughat (Distt Bokaro), Tenughat Distt Bokaro, or Jharkhand, this guide will help you with all the details.

There have been major changes in the banking sector in India and today, the customers of Bank Of India located in Tenughat (Distt Bokaro) or anywhere in Jharkhand can transfer funds instantly by using the correct IFSC Code BKID0005854. 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, Tenughat, Tenughat (Distt Bokaro)

Here are the key points that are associated with the IFSC Code BKID0005854 of Bank Of India for its branch located in Tenughat (Distt Bokaro), within the district of Tenughat Distt Bokaro in the state of Jharkhand.

These details helps users in online banking and for businesses and individuals who use Bank Of India in Tenughat (Distt Bokaro) for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0005854 for the Tenughat branch of Bank Of India plays a vital 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 Tenughat, Tenughat (Distt Bokaro), Jharkhand, is provided with a unique IFSC like BKID0005854 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It uniquely identifies the Bank Of India branch in Tenughat (Distt Bokaro).
• 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 Tenughat (Distt Bokaro) and Tenughat Distt Bokaro.
• 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 Jharkhand and the rest of India and the IFSC Code ensures that transactions meant for Bank Of India in Tenughat do not get mixed with another location.

Format of the IFSC Code BKID0005854

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 Tenughat in Tenughat (Distt Bokaro).

For example, the IFSC Code BKID0005854 of Bank Of India for the Tenughat branch includes these elements, identifying the bank and the branch location in Tenughat (Distt Bokaro) and Jharkhand correctly.

How to Find IFSC Code for Bank Of India?

If you are trying to find the IFSC Code BKID0005854 of Bank Of India for its Tenughat branch located in Tenughat (Distt Bokaro), 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

Most banks, including Bank Of India branches in Tenughat (Distt Bokaro) and Tenughat Distt Bokaro, print the IFSC and MICR codes 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 Tenughat or Tenughat (Distt Bokaro) to get the exact IFSC Code BKID0005854.

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 Tenughat (Distt Bokaro), you'll get the correct details.

How to Use IFSC Code BKID0005854 for Online Transfers?

Once you have the IFSC Code BKID0005854 for the Tenughat branch of Bank Of India in Tenughat (Distt Bokaro), you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0005854. 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 BKID0005854.

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 Tenughat in Tenughat (Distt Bokaro), 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 Tenughat, 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 Tenughat (Distt Bokaro) to handle online money transfers and get their cheques cleared smoothly.