If you are searching for the IFSC code of Bank of India, MARAR branch in MARAR DISTT RAMGARH JD, JHARKHAND, this page has every detail you need. The verified IFSC code for this branch is BKID0004978. You can use it for NEFT, RTGS and IMPS fund transfers, online banking add-payee actions, UPI mandates and any other electronic payment request that asks for an Indian Financial System Code. The information on this page is curated specifically for customers, remitters, employers and businesses who need to credit funds to an account maintained at this branch, and it is structured so you can find what you need within a few seconds of landing here.
You will see the complete branch address, the area STD code and phone number, the city and state, the day-to-day banking services that are typically offered at the MARAR branch, and detailed step-by-step guides for using the IFSC BKID0004978 across NEFT, RTGS and IMPS rails. A frequently-asked-questions section at the end answers the most common queries we receive about this particular branch.
The Indian Financial System Code, popularly known as IFSC, is an 11-digit alphanumeric code that the RBI assigns to every bank branch participating in online interbank settlement. Without this code, an electronic transfer simply cannot reach its destination branch.
The IFSC for Bank of India – MARAR is BKID0004978. The first four letters BKID are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 004978 map to this branch in MARAR DISTT RAMGARH JD, JHARKHAND.
Bank profile
Bank of India is among the recognised banks listed on the Reserve Bank of India's payments network. The Marar branch — IFSC BKID0004978 — extends the bank's services to customers in and around Marar Distt Ramgarh Jd, Jharkhand.
Branch details at a glance
| Bank Name | Bank of India |
|---|---|
| Branch | Marar |
| IFSC Code | BKID0004978 |
| MICR Code | Refer to cheque leaf |
| Branch Address | AT RANCHI ROAD NEAR BRINDAVAN HOTELHN 33 PO MARAR DISTT RAMGARH |
| City | Marar Distt Ramgarh Jd |
| District | Marar Distt Ramgarh Jd |
| State | Jharkhand |
| STD Code | 6553 |
| Phone | 231466 |
Marar branch overview
Located at AT RANCHI ROAD NEAR BRINDAVAN HOTELHN 33 PO MARAR DISTT RAMGARH, the Marar branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC BKID0004978 is required for all interbank electronic transfers routed through this branch.
Why every Bank of India branch has a unique IFSC
Before electronic settlement systems went live in India, money transfers between banks relied heavily on demand drafts, mail transfers and telegraphic transfers. These older instruments routinely took days to clear and were prone to misrouting because there was no single machine-readable identifier for a branch. The Reserve Bank of India solved this by issuing each participating branch — including MARAR of Bank of India — its own 11-character IFSC. The code BKID0004978 is therefore not just an internal reference; it is the digital postcode that lets the RBI's NEFT, RTGS and IMPS rails route funds straight to the right branch ledger without any human intervention.
Today, almost every salary credit, vendor payment, refund and EMI deduction in the country flows through this network, which is exactly why a correct IFSC matters so much. A wrong character can either bounce the transfer or send it to the wrong branch, and reversing such a credit is a manual, time-consuming process. Treat IFSC BKID0004978 the same way you would treat your account number — verify it once and save it carefully for future use.
Products and account variants supported
Every account opened at the Marar branch is mapped to IFSC BKID0004978 on the RBI payments network. The branch generally supports the full retail product catalogue of Bank of India, including:
- Resident savings accounts and salary accounts
- Current accounts for businesses and professionals
- Fixed deposits, recurring deposits and tax-saver deposits
- Demand drafts, banker's cheques and pay orders
- Retail loans — personal, vehicle, education, gold and home
- Credit cards and overdraft facilities (subject to eligibility)
- Third-party investment products such as mutual funds and insurance (through tie-ups)
Whichever product you choose, the IFSC for incoming credits remains BKID0004978.
Products and services
Customers walking into the Marar branch can access most of Bank of India's standard product suite, including:
- Account opening – savings, current, NRI, salary
- Term deposits and recurring deposits
- Retail and small-business loans
- Insurance and mutual-fund tie-ups
- Locker, safe deposit and ATM card services
- Online and mobile banking activation
- Electronic transfers via IFSC BKID0004978
How to transfer money using IFSC BKID0004978
Online transfers in India are powered by three major channels — NEFT, RTGS and IMPS — and each one requires a destination IFSC. Below is a quick guide for using IFSC BKID0004978 across all three.
NEFT to Bank of India, MARAR using IFSC BKID0004978
National Electronic Funds Transfer is the simplest way to move money into an account at this branch. NEFT works around the clock, including Sundays and public holidays, and settles in half-hourly batches.
To send funds, add the recipient as a beneficiary in your bank's online portal, key in the account number, paste the IFSC BKID0004978, and confirm that the system picks up Bank of India – MARAR. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
RTGS transfers via IFSC BKID0004978
RTGS (Real-Time Gross Settlement) is the fastest high-value transfer mechanism in India. It is meant for transfers of ₹2 lakh and above and settles each transaction individually and instantly. To remit through RTGS to Bank of India – MARAR, ensure your bank's portal accepts IFSC BKID0004978 while registering the beneficiary. RTGS is also available 24x7.
IMPS to Bank of India MARAR (IFSC BKID0004978)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC BKID0004978 in your mobile or internet banking app, and the money is credited to the MARAR branch account within seconds.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC BKID0004978 for Bank of India – MARAR, but they differ in speed, minimum amount and use case. The table below summarises the differences so you can pick the right channel for the situation at hand.
| Parameter | NEFT | RTGS | IMPS |
|---|---|---|---|
| Minimum amount | ₹1 | ₹2,00,000 | ₹1 |
| Maximum amount | No RBI cap | No RBI cap | ₹5,00,000 |
| Settlement | Half-hourly batches | Real-time | Real-time |
| Availability | 24x7 | 24x7 | 24x7 |
| Best for | Routine transfers | High-value transfers | Urgent small / mid transfers |
| IFSC required | Yes – BKID0004978 | Yes – BKID0004978 | Yes – BKID0004978 |
For most retail customers crediting the Marar branch, NEFT or IMPS will be the quickest and most economical option. RTGS comes in for one-off, high-value movements such as property purchases, vendor settlements or large gifts.
UPI payments and IFSC BKID0004978
UPI (Unified Payments Interface) has become the default way for individuals to send money in India. While most UPI transactions are addressed using a Virtual Payment Address (VPA) like name@bank, the underlying account at Bank of India – MARAR is still mapped to IFSC BKID0004978. When a customer links a savings or current account to a UPI app for the first time, the app silently looks up this IFSC against the account number to verify the account exists. The VPA acts as a friendly alias on top of the same plumbing.
If a UPI transfer to or from this branch fails, the most common reasons are an inactive UPI handle, a daily limit breach or a temporary outage at one of the participating banks — not the IFSC. You can always fall back to NEFT or IMPS using the IFSC BKID0004978 and the beneficiary's account number to complete the transfer.
Online banking and IFSC BKID0004978
Bank of India customers can register for net banking and the bank's official mobile app once their account at the MARAR branch is active. Net banking lets you view balances, download statements, open fixed deposits, request cheque books and initiate NEFT/RTGS/IMPS transfers — all without setting foot in the branch. The IFSC BKID0004978 is pre-filled by the bank for transfers originating from your own account, and you only need to enter it manually when adding an external beneficiary or sharing your account details with a third party.
MICR & cheque-truncation details
Cheques drawn on the Marar branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC BKID0004978 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
Things to verify before sending money
Banking errors are usually small typos that snowball into delayed credits and customer-care follow-ups. Use this short checklist before you confirm any transfer to Bank of India – MARAR:
- The IFSC is exactly BKID0004978 with no extra spaces.
- The beneficiary's account number matches what they shared, digit for digit.
- The portal auto-fills Bank of India as the bank name and MARAR as the branch.
- The amount and the purpose of payment are correct.
- You have a valid OTP-verifying mobile number on hand.
A 30-second review here saves hours of reconciliation later.
Reaching the branch
The Marar branch sits at AT RANCHI ROAD NEAR BRINDAVAN HOTELHN 33 PO MARAR DISTT RAMGARH. If you are travelling from outside Marar Distt Ramgarh Jd, search for the branch on a maps application using the bank name and locality, or call 6553-231466 to ask for landmarks. Many customers find it easier to skip the trip altogether: net banking, mobile apps, NEFT, RTGS, IMPS and UPI all work using the IFSC BKID0004978 and your account number.
Other ways to verify the IFSC code
While this page already lists the verified IFSC BKID0004978 for Bank of India – MARAR, you can cross-check the code from any of these sources before initiating a high-value transfer:
- The front of the cheque book issued by the branch – the IFSC is printed at the top of every leaf.
- The first page of your passbook.
- The bank's official website under the branch locator.
- The Reserve Bank of India's IFSC search portal.
- Net banking dashboards usually display the home-branch IFSC under account details.
Working hours
Branch counters at Marar are usually open from 10 AM to 4 PM on weekdays. Saturdays follow the RBI's alternate-Saturday rule. Even when the branch is closed, NEFT, RTGS, IMPS and UPI transfers addressed to BKID0004978 continue to work without interruption.
Branch address & contact
Bank of IndiaMarar Branch
AT RANCHI ROAD NEAR BRINDAVAN HOTELHN 33 PO MARAR DISTT RAMGARH
Marar Distt Ramgarh Jd, Jharkhand
Phone: 6553-231466
IFSC: BKID0004978
Frequently asked questions
Where is Bank of India Marar branch located?
Bank of India's Marar branch is located at AT RANCHI ROAD NEAR BRINDAVAN HOTELHN 33 PO MARAR DISTT RAMGARH, Marar Distt Ramgarh Jd, Jharkhand.
What is the difference between IFSC and MICR code?
IFSC is an 11-character alphanumeric code used for online transfers, while MICR is a 9-digit numeric code printed on cheques and used by cheque-clearing machines. Both identify the Marar branch but serve different purposes.
What is the phone number of Bank of India Marar branch?
You can reach the branch at 6553-231466 during regular banking hours.
What is the IFSC code of Bank of India Marar branch?
The IFSC code of Bank of India, Marar branch is BKID0004978. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Is IFSC BKID0004978 valid for NEFT and RTGS?
Yes. IFSC BKID0004978 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
How do I add Bank of India Marar as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC BKID0004978, and complete OTP verification. Once activated, you can transfer funds at any time.
Does Bank of India Marar branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 6553-231466 to confirm.
How quickly will an NEFT transfer using BKID0004978 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Bank of India – Marar reflect within 30 minutes.
Summary
The IFSC code BKID0004978 belongs to Bank of India's MARAR branch, located at AT RANCHI ROAD NEAR BRINDAVAN HOTELHN 33 PO MARAR DISTT RAMGARH in MARAR DISTT RAMGARH JD, JHARKHAND. Use this code along with the beneficiary's account number for any NEFT, RTGS or IMPS transfer to this branch. Bookmark this page for quick reference whenever you need the branch's banking details.
