IFSC Code BKID0005967 - Bank Of India Parsabad
VILL PARSABAD STATION ROAD P O PARSABAD VIA MARKACHHO P S JAINAGAR 825318
Quick Info
IFSC: BKID0005967
Pincode: 825318
District: Koderma
Status: Active
About Bank Of India Parsabad
IFSC Code BKID0005967 belongs to Bank Of India Parsabad branch located in Kodarma, Koderma, Jharkhand. This branch serves customers in Kodarma, Koderma, Jharkhand and surrounding areas.
Understanding IFSC Code BKID0005967
The IFSC (Indian Financial System Code) BKID0005967 is an 11-character alphanumeric code assigned by the Reserve Bank of India (RBI) to uniquely identify this specific bank branch. The code structure follows a specific format:
- First 4 characters (BKID): Bank code identifying Bank Of India
- 5th character (0): Reserved for future use (always 0)
- Last 6 characters (005967): Unique branch identifier for Parsabad
Electronic Fund Transfer Services
IFSC Code BKID0005967 is essential for all electronic fund transfers in India. This code ensures that money transfers are routed to the correct bank branch. The following payment systems use IFSC codes:
NEFT (National Electronic Funds Transfer)
Batch processing system for fund transfers. Available Yes at this branch.
Processing: Multiple batches daily, typically settles within 2 hours during banking hours.
RTGS (Real Time Gross Settlement)
Real-time fund transfer for high-value transactions (minimum ₹2 lakh). Available Yes at this branch.
Processing: Real-time settlement, typically within minutes during RTGS hours.
IMPS (Immediate Payment Service)
24/7 instant fund transfer service via mobile or internet banking. Available Yes at this branch.
Processing: Instant transfer, available 24/7 including holidays.
UPI (Unified Payments Interface)
Instant mobile payment system using UPI ID or QR code. Available Yes at this branch.
Processing: Instant transfer, available 24/7, no IFSC code needed for UPI transactions.
Branch Location and Accessibility
The Bank Of India Parsabad branch is located at VILL PARSABAD STATION ROAD P O PARSABAD VIA MARKACHHO P S JAINAGAR 825318 (Pincode: 825318) in Kodarma, Koderma, Jharkhand. This location serves customers in Kodarma, Koderma, Jharkhand and nearby areas. When initiating any electronic fund transfer to an account held at this branch, you must use IFSC Code BKID0005967 to ensure the transaction is routed correctly.
How to Use IFSC Code BKID0005967
When making online fund transfers to an account at this branch, you will need:
- IFSC Code: BKID0005967 (for NEFT, RTGS, IMPS)
- Account Number: The recipient's account number
- Account Holder Name: As registered with the bank
Finding Other Bank Of India Branches
If you're looking for other Bank Of India branches in Kodarma, Koderma, Jharkhand or nearby areas, use our Bank Of India branch finder. You can search by city, district, or state to find all Bank Of India branches with their respective IFSC codes.
Branch Details
| IFSC Code: | BKID0005967 |
| Bank Name: | Bank Of India |
| Branch Name: | Parsabad |
| Address: | VILL PARSABAD STATION ROAD P O PARSABAD VIA MARKACHHO P S JAINAGAR 825318 |
| City: | Kodarma |
| District: | Koderma |
| State: | Jharkhand |
| Pincode: | 825318 |
Payment Services Available
Bank Of India Parsabad Branch IFSC Code BKID0005967 — Complete Banking Guide for Kodarma, Jharkhand
IFSC code BKID0005967 belongs to the Parsabad branch of Bank Of India in Kodarma, Koderma district, Jharkhand. This 11-character code, assigned by the Reserve Bank of India, is mandatory for all digital fund transfers — NEFT, RTGS, IMPS, and UPI. Every payment initiated to an account at this branch must include IFSC BKID0005967 to ensure accurate routing through India's centralised payment infrastructure. Providing an incorrect IFSC may delay or fail the transaction, so always verify the code before confirming any transfer.
About Bank Of India, Parsabad Branch
The Parsabad branch of Bank Of India in Kodarma, Jharkhand serves retail and corporate customers in Koderma district with a full range of banking products. Services typically include savings and current accounts, fixed and recurring deposits, personal and home loans, vehicle finance, trade finance, locker facilities, and wealth management. The branch also supports digital banking — internet banking, mobile banking, UPI, and contactless debit/credit card issuance. Its IFSC BKID0005967 is the key identifier for all fund transfers routed to accounts at this location through RBI's payment systems.
Payment Methods Using IFSC BKID0005967
Four primary digital payment rails use IFSC BKID0005967 for transfers to Bank Of India, Parsabad: NEFT — batch-based, 48 half-hourly settlements daily, no minimum amount, ideal for regular transfers; RTGS — real-time, 24×7, minimum ₹2 lakh, used for high-value transactions; IMPS — instant, 24×7, up to ₹5 lakh, best for urgent transfers; UPI — uses Virtual Payment Address (VPA) linked to accounts at this branch, instant and zero-cost for most transactions. For each method, the sender's bank verifies IFSC BKID0005967 against the RBI IFSC master list before processing the payment.
MICR Code and Branch Details
In addition to the IFSC, the Parsabad branch of Bank Of India in Kodarma carries a MICR (Magnetic Ink Character Recognition) code — a 9-digit number printed on cheques that identifies the bank, city, and branch for cheque clearing through the MICR-based clearing system. While NEFT/RTGS/IMPS use the IFSC BKID0005967 exclusively for electronic transfers, MICR remains relevant for paper-based cheque processing. Both codes are listed on this page for complete branch reference.
How to Verify IFSC BKID0005967 Before Transferring
Before initiating any high-value transfer to IFSC BKID0005967, verify the code through: (1) the RBI's official IFSC repository at rbi.org.in; (2) Bank Of India's official website branch locator; (3) MahaFind's IFSC lookup — the page you are currently viewing. Cross-reference the branch address and bank name displayed here against the details provided by your recipient to confirm accuracy. A mismatch in even one character of the IFSC can reroute your transfer to a different branch entirely.
FAQs — Bank Of India Parsabad, Kodarma IFSC
What is the IFSC of Bank Of India Parsabad in Kodarma?
The IFSC of Bank Of India, Parsabad branch in Kodarma, Jharkhand is BKID0005967. Use this for NEFT, RTGS, IMPS, and UPI transfers to any account at this branch.
What is the minimum amount for NEFT to IFSC BKID0005967?
There is no minimum amount for NEFT transfers. You can send as little as ₹1. RTGS requires a minimum of ₹2 lakh. IMPS supports up to ₹5 lakh per transaction. All three use IFSC BKID0005967 to route funds to Bank Of India, Parsabad, Kodarma.
Who assigns IFSC codes like BKID0005967?
The Reserve Bank of India (RBI) assigns all IFSC codes in India. Bank Of India applied for the IFSC for its Parsabad branch in Kodarma, and RBI issued BKID0005967 as the unique identifier. The complete list of valid IFSCs is maintained in RBI's IFSC master directory.
Can I use IFSC BKID0005967 for UPI payments?
UPI payments are linked to a Virtual Payment Address (VPA) rather than an IFSC directly, but the underlying account is mapped to IFSC BKID0005967 at Bank Of India, Parsabad, Kodarma. When sending money via NEFT/RTGS/IMPS to this branch's account holders, always use IFSC BKID0005967.
About IFSC Code BKID0005967
IFSC Code BKID0005967 belongs to Bank Of India branch Parsabad located in Kodarma, Koderma, Jharkhand.
Branch Information
- IFSC Code: BKID0005967
- Bank: Bank Of India
- Branch: Parsabad
- Address: VILL PARSABAD STATION ROAD P O PARSABAD VIA MARKACHHO P S JAINAGAR 825318
- City: Kodarma
- District: Koderma
- State: Jharkhand
- Pincode: 825318
Payment Services
- NEFT: Available
- RTGS: Available
- IMPS: Available
- UPI: Available