Use this page as a one-stop reference for everything related to Bank of India's RAIDIH branch in RAIDIH DIST GUMLA, JHARKHAND. The branch's IFSC code BKID0004928 is the key identifier you need whenever a remitter, employer or biller asks for a bank routing number to send funds to an account held at this branch. We have also included the branch's postal address, telephone number, banking hours, common services, and an extensive FAQ block that should answer almost every question that comes up when you are about to add this branch as a beneficiary in your net-banking app for the first time.
An IFSC (Indian Financial System Code) is an 11-character alphanumeric code issued by the Reserve Bank of India. It uniquely identifies every bank branch that participates in the RBI's electronic fund-transfer systems – NEFT, RTGS and IMPS. The first four characters represent the bank, the fifth is always a zero (reserved for future use), and the last six characters identify the specific branch.
For Bank of India's RAIDIH branch, the IFSC BKID0004928 breaks down as follows: BKID identifies the bank, 0 is the reserved character, and 004928 identifies this particular branch.
Branch details at a glance
| Bank Name | Bank of India |
|---|---|
| Branch | Raidih |
| IFSC Code | BKID0004928 |
| MICR Code | Refer to cheque leaf |
| Branch Address | P O NAWAGARHDISTRICT GUMLA |
| City | Raidih Dist Gumla |
| District | Raidih Dist Gumla |
| State | Jharkhand |
| STD Code | 651 |
| Phone | 651271315 |
About the bank
Bank of India serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Raidih branch in Raidih Dist Gumla, Jharkhand is part of this network and uses the IFSC code BKID0004928 for all electronic settlement.
Raidih branch overview
Located at P O NAWAGARHDISTRICT GUMLA, the Raidih branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC BKID0004928 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 RAIDIH of Bank of India — its own 11-character IFSC. The code BKID0004928 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 BKID0004928 the same way you would treat your account number — verify it once and save it carefully for future use.
How to transfer money using IFSC BKID0004928
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 BKID0004928 across all three.
NEFT to Bank of India, RAIDIH using IFSC BKID0004928
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 BKID0004928, and confirm that the system picks up Bank of India – RAIDIH. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
Real-Time Gross Settlement to RAIDIH
If you need to transfer ₹2 lakh or more in one go to an account at Bank of India's RAIDIH branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC BKID0004928 while initiating the transfer and the credit will appear within minutes.
Send money instantly through IMPS
For a real-time, anytime transfer to Bank of India – RAIDIH, use IMPS. With IFSC BKID0004928 and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC BKID0004928 for Bank of India – RAIDIH, 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 – BKID0004928 | Yes – BKID0004928 | Yes – BKID0004928 |
For most retail customers crediting the Raidih 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.
How UPI relates to the IFSC code
UPI lets you pay using a short Virtual Payment Address instead of typing the IFSC every time, but behind the scenes every UPI mandate is mapped to an account number plus an IFSC. For accounts at Bank of India's RAIDIH branch, the IFSC BKID0004928 is what the National Payments Corporation of India (NPCI) uses to route the credit when you tap Pay on a UPI app.
That is why, even in the UPI era, it is still worth knowing the IFSC of your home branch — for failed UPI mandates, e-mandate set-ups, third-party platform onboarding and salary or refund credits.
Products and account variants supported
Every account opened at the Raidih branch is mapped to IFSC BKID0004928 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 BKID0004928.
Banking services available
The Raidih branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 651-651271315.
- Savings, current and salary accounts
- Fixed deposits and recurring deposits
- Personal, vehicle and home loans
- Demat and investment products (where supported)
- Internet banking and mobile banking enrolment
- Debit and credit card issuance
- Locker facilities (subject to availability)
- Foreign exchange services (at authorised branches)
- Bill payments, demand drafts and pay orders
- NEFT / RTGS / IMPS / UPI fund transfers using IFSC BKID0004928
MICR & cheque-truncation details
Cheques drawn on the Raidih branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC BKID0004928 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
Online banking and IFSC BKID0004928
Bank of India customers can register for net banking and the bank's official mobile app once their account at the RAIDIH 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 BKID0004928 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.
Common mistakes to avoid when using IFSC BKID0004928
An incorrect IFSC almost always results in a failed transfer or, worse, a credit to the wrong branch. Before you click Confirm on a transfer to Bank of India – RAIDIH, double-check for these issues:
- Confusing 0 with O. The fifth character of every IFSC is the digit
0, not the letter O. Read carefully. - Spaces or hyphens. Do not put spaces in the IFSC. It is exactly 11 characters:
BKID0004928. - Wrong branch. A bank can have dozens of branches in the same city. Make sure you are using the IFSC for the actual branch where the beneficiary holds the account, not just any nearby branch.
- Old IFSC after a merger. If two banks have merged, the IFSC may have been reissued. Always verify with a recent passbook or cheque leaf.
- Copy-paste from chat. Auto-correct on phones can silently change letters in IFSC codes. Type carefully or copy from a trusted source like the cheque book.
How to reach the Raidih branch
The branch is located at P O NAWAGARHDISTRICT GUMLA, which puts it inside Raidih Dist Gumla, the broader Raidih Dist Gumla district, and the state of Jharkhand. To plan your visit:
- Open Google Maps on your phone and search for “Bank of India Raidih branch” — the verified location pin for IFSC BKID0004928 should appear at the top of the results.
- Confirm the branch is open by calling 651-651271315 before stepping out, especially around public holidays.
- Carry photo ID and any account-related documents you may need for the transaction you plan to do.
Most banking work — passbook updates, fund transfers, statement downloads — can also be completed online without visiting the branch in person, as long as you know the IFSC BKID0004928 and your account number.
Other ways to verify the IFSC code
While this page already lists the verified IFSC BKID0004928 for Bank of India – RAIDIH, 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 Raidih 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 BKID0004928 continue to work without interruption.
Branch address & contact
Bank of IndiaRaidih Branch
P O NAWAGARHDISTRICT GUMLA
Raidih Dist Gumla, Jharkhand
Phone: 651-651271315
IFSC: BKID0004928
Frequently asked questions
Is IFSC BKID0004928 the same for all accounts at Raidih branch?
Yes. The IFSC BKID0004928 is shared by every account held at Bank of India's Raidih branch. Only the account number changes from customer to customer.
Does Bank of India Raidih branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 651-651271315 to confirm.
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 Raidih branch but serve different purposes.
What is the phone number of Bank of India Raidih branch?
You can reach the branch at 651-651271315 during regular banking hours.
Where is Bank of India Raidih branch located?
Bank of India's Raidih branch is located at P O NAWAGARHDISTRICT GUMLA, Raidih Dist Gumla, Jharkhand.
Is IFSC BKID0004928 valid for NEFT and RTGS?
Yes. IFSC BKID0004928 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
How quickly will an NEFT transfer using BKID0004928 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Bank of India – Raidih reflect within 30 minutes.
Final notes
To recap: BKID0004928 is the IFSC code of Bank of India, RAIDIH branch, in RAIDIH DIST GUMLA, JHARKHAND. It is required for every electronic transfer to an account held at this branch. We keep this page updated with the latest address and contact details, so you can rely on the information here for your day-to-day banking needs.
