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 Thoubal branch in Thoubal.Manipur, Thoubalmanipur, Manipur, 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 Thoubal.Manipur or anywhere in Manipur can transfer funds instantly by using the correct IFSC Code BKID0005053. 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, Thoubal, Thoubal.Manipur

Below in the table are the key details related to IFSC Code BKID0005053 of Bank Of India for its branch located in Thoubal.Manipur, within the district of Thoubalmanipur in the state of Manipur.

Particulars Details
Bank Bank Of India
IFSC Code BKID0005053
Branch Thoubal
City Thoubal.Manipur
District Thoubalmanipur
State Manipur
Address Thoubal Achouba Ward No8Po Thoubalthoubalnear Thoubal Police Stationmanipur

These details are crucial, not just for online banking users but also for businesses and individuals who use Bank Of India in Thoubal.Manipur for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0005053 for the Thoubal 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, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with Bank Of India located in Thoubal, Thoubal.Manipur, Manipur, are allotted a unique IFSC like BKID0005053 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Thoubal.Manipur.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Thoubal.Manipur and Thoubalmanipur.
  • 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 Thoubal reaches the right place, even though there are thousands of branches in Manipur and across India.

Format of the IFSC Code BKID0005053

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 Thoubal in Thoubal.Manipur.

For example, the IFSC Code BKID0005053 of Bank Of India for the Thoubal branch includes these elements, identifying the bank and the branch location in Thoubal.Manipur and Manipur accurately.

How to Find IFSC Code for Bank Of India?

To find the IFSC Code BKID0005053 of Bank Of India for its Thoubal branch located in Thoubal.Manipur, 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 Thoubal.Manipur and Thoubalmanipur, 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 Thoubal or Thoubal.Manipur to find the exact IFSC Code BKID0005053.

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 Thoubal.Manipur will provide accurate information.

How to Use IFSC Code BKID0005053 for Online Transfers?

Once you have the IFSC Code BKID0005053 for the Thoubal branch of Bank Of India in Thoubal.Manipur, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0005053. 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 BKID0005053.

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 Thoubal in Thoubal.Manipur, it can result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Bank Of India in Thoubal, you can find it by any of the following ways:

  • Check the bottom of your cheque leaf.
  • Go to the first page of your passbook.
  • Visit the official Bank Of India website.
  • Search the RBI portal.

Having both IFSC and MICR codes helps account holders in Thoubal.Manipur manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of India in Thoubal, Thoubal.Manipur?

The IFSC Code is BKID0005053.

Is the IFSC Code BKID0005053 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and the IFSC is for online transfers.

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

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

What is the full address of the Thoubal branch?

The address of the branch is Thoubal Achouba Ward No8Po Thoubalthoubalnear Thoubal Police Stationmanipur located in Thoubal.Manipur, Thoubalmanipur, Manipur.

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.