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IFSC Code BKID0004701 - Bank of India-HIRAPUR SME-Dhanbad

Detail Information
IFSC Code BKID0004701
Bank Name Bank of India
Address BINOD MARKETP O DHANBAD
District Dhanbad
State Jharkhand
Branch Hirapur sme
Contact +912312043231
Centre Available
IMPS Available
UPI Available
MICR 826013007
RTGS 1
NEFT Not Available
ISO3166 IN-JH
Bankcode BKID

Overview of BKID0004701

The IFSC code BKID0004701 is associated with the Dhanbad HIRAPUR SME Branch of Bank of India. Located in the bustling city of Dhanbad, JHARKHAND, this branch is one of the many Bank of India branches that cater to the banking needs of the local residents. The code "BKID" in BKID0004701 represents Bank of India Bank, while 0004701 signifies the unique branch code for HIRAPUR SME.

Significance of IFSC Code for Banking Transactions

The importance of the IFSC code, like BKID0004701, for the HIRAPUR SME Branch, cannot be overstated. It acts as an address that identifies both the Bank of India and its specific branch in Dhanbad. This ensures that when you're transferring money or setting up a beneficiary for future transactions, your funds are directed to the correct bank branch. Without the IFSC code, the chances of errors in electronic fund transfers would be significantly higher, leading to potential financial losses and administrative hassles.

Deep Dive into BKID0004701

The IFSC code BKID0004701 is not just a random combination of letters and numbers. It holds significance in the banking world, especially for those who bank with Bank of India in Dhanbad. Let's break down the details:

  • IFSC Code (BKID0004701): This unique code is essential for electronic fund transfers. The first four characters "BKID" represent the bank's name, Bank of India. The last six characters "0004701" are a unique identifier for the HIRAPUR SME branch.
  • Bank Name (Bank of India): One of [country]'s leading banks, Bank of India offers a wide range of banking products and financial services to its vast customer base.
  • Address (BINOD MARKETP O DHANBAD): This specific address pinpoints the exact location of the branch, ensuring that customers can easily find it for their banking needs.
  • City & State (Dhanbad, JHARKHAND): The branch is situated in the heart of Dhanbad, the capital city of JHARKHAND. A city known for its [CITY_FEATURES].
  • Branch (HIRAPUR SME): The [AREA_NAME] area in Dhanbad is a hub of activity, and the Bank of India branch here caters to both individual and business banking needs.
  • Phone Number (+912312043231): A direct line to the branch, this number ensures that customers can reach out for any queries, concerns, or banking assistance.

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