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 Tutilawa branch in Tutilawa (Dist. Chatra), Tutilawa Dist Chatra, Jharkhand, 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 Tutilawa (Dist. Chatra) or anywhere in Jharkhand can transfer funds instantly by using the correct IFSC Code BKID0004984. 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, Tutilawa, Tutilawa (Dist. Chatra)
Here are the main details that are associated with the IFSC Code BKID0004984 of Bank Of India for its branch located in Tutilawa (Dist. Chatra), within the district of Tutilawa Dist Chatra in the state of Jharkhand.
| Particulars | Details |
|---|---|
| Bank | Bank Of India |
| IFSC Code | BKID0004984 |
| Branch | Tutilawa |
| City | Tutilawa (Dist. Chatra) |
| District | Tutilawa Dist Chatra |
| State | Jharkhand |
| Address | Vill Po Tutilawadist Chatra |
These details helps users in online banking and for businesses and individuals who use Bank Of India in Tutilawa (Dist. Chatra) for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0004984 for the Tutilawa 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 Tutilawa, Tutilawa (Dist. Chatra), Jharkhand, are given a unique IFSC like BKID0004984 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Tutilawa (Dist. Chatra).
- 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 Tutilawa (Dist. Chatra) and Tutilawa Dist Chatra.
- 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 Tutilawa goes to the correct branch. This is important because Bank Of India has thousands of branches in Jharkhand and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code BKID0004984
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 Tutilawa in Tutilawa (Dist. Chatra).
For example, the IFSC Code BKID0004984 of Bank Of India for the Tutilawa branch has these elements, identifying the bank and the branch location in Tutilawa (Dist. Chatra) and Jharkhand correctly.
How to Find IFSC Code for Bank Of India?
If you are trying to find the IFSC Code BKID0004984 of Bank Of India for its Tutilawa branch located in Tutilawa (Dist. Chatra), 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 Tutilawa (Dist. Chatra) and Tutilawa Dist Chatra, 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 Tutilawa or Tutilawa (Dist. Chatra) to get the exact IFSC Code BKID0004984.
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 Tutilawa (Dist. Chatra), you'll get the correct details.
How to Use IFSC Code BKID0004984 for Online Transfers?
Once you have the IFSC Code BKID0004984 for the Tutilawa branch of Bank Of India in Tutilawa (Dist. Chatra), you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code BKID0004984. The transfer is completed in batches instead of instantly. It is useful for both 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 BKID0004984.
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 Tutilawa in Tutilawa (Dist. Chatra), 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 Tutilawa, 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 Tutilawa (Dist. Chatra) to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is BKID0004984.
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 Vill Po Tutilawadist Chatra located in Tutilawa (Dist. Chatra), Tutilawa Dist Chatra, Jharkhand.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.