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 Bomdila branch in West Kameng, Bomdila, or Andhra Pradesh, 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 West Kameng or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code BKID0005094. 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, Bomdila, West Kameng

Here are the key points that are associated with the IFSC Code BKID0005094 of Bank Of India for its branch located in West Kameng, within the district of Bomdila in the state of Andhra Pradesh.

Particulars Details
Bank Bank Of India
IFSC Code BKID0005094
Branch Bomdila
City West Kameng
District Bomdila
State Andhra Pradesh
Address Near District Civil Hospital Po Bomdila Tripura 790001

These details help users in online banking and for businesses and individuals who use Bank Of India in West Kameng for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0005094 for the Bomdila 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, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like BKID0005094 is given to every bank branch, including Bank Of India located in Bomdila, West Kameng, Andhra Pradesh, to make sure that online payments reach the right place.

The IFSC Code is important because:

  • It uniquely identifies the Bank Of India branch in West Kameng.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any kind of confusion between multiple branches of the same bank across different places like West Kameng and Bomdila.
  • It removes errors in fund transfers and improves accuracy.
  • It lets the sender banks validate and confirm branch details before they process the payments.

There are thousands of branches across Andhra Pradesh and the rest of India, which is why the IFSC Code ensures that transactions meant for Bank Of India in Bomdila doesn't end up at another location.

Format of the IFSC Code BKID0005094

The format of the IFSC Code for banks, including Bank Of India, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown of this:

  • First 4 characters (AAAA): Represent the bank code. For Bank Of India, these characters are the bank's short identifier.
  • 5th character (0): Always zero which is reserved for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Bomdila in West Kameng.

For example, the IFSC Code BKID0005094 of Bank Of India for the Bomdila branch includes these elements, identifying the bank and the branch location in West Kameng and Andhra Pradesh accurately.

How to Find IFSC Code for Bank Of India?

If you are looking for the IFSC Code BKID0005094 of Bank Of India for its Bomdila branch located in West Kameng, 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 West Kameng and Bomdila, 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 Bomdila or West Kameng to get the exact IFSC Code BKID0005094.

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 West Kameng, then it will provide you proper information.

How to Use IFSC Code BKID0005094 for Online Transfers?

Once you have the IFSC Code BKID0005094 for the Bomdila branch of Bank Of India in West Kameng, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code BKID0005094. 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 BKID0005094.

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 Bomdila in West Kameng, 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 Bomdila, 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 West Kameng to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of India Bomdila West Kameng?

The IFSC Code of the Bomdila West Kameng branch is BKID0005094.

Is IFSC Code BKID0005094 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Bank Of India Bomdila branch?

The branch is located at Near District Civil Hospital Po Bomdila Tripura 790001.

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.