Bank of India RATU IFSC Code
Bank of India RATU IFSC Code (BKID0004945), MICR, address and contact information.
Bank of India RATU IFSC Code: BKID0004945
The verified IFSC Code for Bank of India, RATU branch in RATU, JHARKHAND is BKID0004945. This 11-character alphanumeric code is assigned by the Reserve Bank of India (RBI) to uniquely identify this branch across all digital fund transfer networks in India, including NEFT, RTGS, and IMPS.
The branch is situated at AT POST RATURATU CHATTI, RATU, JHARKHAND. Paper cheque clearing operations for this branch are routed through MICR Code 834013008.
| Bank Name | Bank of India |
|---|---|
| IFSC Code | BKID0004945 |
| MICR Code | 834013008 |
| Branch Name | RATU |
| Address | AT POST RATURATU CHATTI |
| Contact Number | +916512521557 |
| City / District | RATU / RATU |
| State | JHARKHAND |
IFSC Code Format Breakdown
IFSC vs MICR Code
| IFSC Code (Indian Financial System Code) | MICR Code (Magnetic Ink Character Recognition) |
|---|---|
| Used for online fund transfers (NEFT, RTGS, IMPS). | Used for clearing physical cheques in the clearing house. |
| 11-character alphanumeric code. | 9-digit numeric code. |
| Can be found on cheque books and bank passbooks. | Printed at the bottom of the cheque using magnetic ink. |
Fund Transfer Limits & Timings
| Transfer Type | Minimum Limit | Maximum Limit | Timings |
|---|---|---|---|
| NEFT | ₹1 | No limit (varies by bank/account type) | 24x7, 365 Days |
| RTGS | ₹2,00,000 | No limit (varies by bank/account type) | 24x7, 365 Days |
| IMPS | ₹1 | ₹5,00,000 | 24x7, 365 Days (Instant) |
How to Transfer Money Using IFSC Code BKID0004945
Follow these steps to send funds via NEFT, RTGS, or IMPS from any bank account to Bank of India RATU:
- Open your Banking App: Log in to your bank's Internet Banking portal or mobile banking app.
- Navigate to Fund Transfer: Go to the Transfers tab and choose Add Beneficiary / Payee.
- Enter Payee Information: Enter the account holder's full name, account number, and input IFSC Code
BKID0004945. - Verify Branch: Confirm that the portal automatically displays Bank of India - RATU (City: RATU).
- Select Transfer Type: Choose IMPS for immediate 24x7 credit (up to ₹5 Lakh), NEFT for general transactions, or RTGS for large transactions over ₹2 Lakh.
- Authenticate Transfer: Enter the amount, verify all details, and approve the payment with your Transaction PIN or OTP.
Who Uses Bank of India RATU IFSC Code?
Individuals transferring money via NEFT/RTGS/IMPS, businesses managing payroll, and accountants.
Why Use Our Bank of India RATU IFSC Code?
Accurate RBI database
Search by state and city
Includes MICR codes
Fast and reliable
Frequently Asked Questions
What is the IFSC code for Bank of India RATU?
The IFSC code for Bank of India RATU is BKID0004945. This code is essential for making online fund transfers like NEFT, RTGS, and IMPS to this branch.
What is the MICR code for Bank of India RATU?
The MICR code is 834013008. It is used by the clearing house to process physical cheques faster.
Where is Bank of India RATU located?
The branch is located at AT POST RATURATU CHATTI, RATU, JHARKHAND.
What is the contact number for Bank of India RATU?
The contact number for this branch is +916512521557. If it shows 'Not Available', you can try contacting the Bank of India customer care toll-free number.
Can I transfer funds to Bank of India RATU using NEFT or RTGS?
Yes, you can transfer funds to this branch using NEFT, RTGS, or IMPS. Simply use the IFSC code BKID0004945 along with the correct account number.