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 Tinsukia branch in Tinsukia, Tinsukia, Assam, 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 Tinsukia or anywhere in Assam can transfer funds instantly by using the correct IFSC Code BKID0004114. 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, Tinsukia, Tinsukia
Here are the key points that are associated with the IFSC Code BKID0004114 of Bank Of India for its branch located in Tinsukia, within the district of Tinsukia in the state of Assam.
| Particulars | Details |
|---|---|
| Bank | Bank Of India |
| IFSC Code | BKID0004114 |
| Branch | Tinsukia |
| City | Tinsukia |
| District | Tinsukia |
| State | Assam |
| Address | At Road Opp Old Rly Stationdistt Tinsukia Assam |
These details helps users in online banking and for businesses and individuals who use Bank Of India in Tinsukia for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0004114 for the Tinsukia 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, along with Bank Of India located in Tinsukia, Tinsukia, Assam, are given a unique IFSC like BKID0004114 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Tinsukia.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents any kind of confusion between different branches of the same bank in places like Tinsukia and Tinsukia.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It helps ensure that any money sent to Bank Of India in Tinsukia goes to the correct branch. This is important because Bank Of India has thousands of branches in Assam and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code BKID0004114
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): 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 Tinsukia in Tinsukia.
For example, the IFSC Code BKID0004114 of Bank Of India for the Tinsukia branch includes these elements, identifying the bank and the branch location in Tinsukia and Assam accurately.
How to Find IFSC Code for Bank Of India?
If you are looking for the IFSC Code BKID0004114 of Bank Of India for its Tinsukia branch located in Tinsukia, the following methods can help:
Cheque Book
The cheque book that is issued by Bank Of India includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including Bank Of India branches in Tinsukia and Tinsukia, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of Bank Of India and look for the branch locator section, then search for Tinsukia or Tinsukia to get the exact IFSC Code BKID0004114.
Mobile Banking App
If you use Bank Of India's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Bank Of India and Tinsukia, then it will provide you proper information.
How to Use IFSC Code BKID0004114 for Online Transfers?
Once you have the IFSC Code BKID0004114 for the Tinsukia branch of Bank Of India in Tinsukia, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code BKID0004114. The transfer is completed in batches. It is useful for both personal and business payments.
RTGS
Used for payments over ₹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 BKID0004114.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Bank Of India Tinsukia in Tinsukia, your payment can get delayed or might not go through at all.
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 Tinsukia, 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 Tinsukia to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is BKID0004114.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is At Road Opp Old Rly Stationdistt Tinsukia Assam located in Tinsukia, Tinsukia, Assam.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.