Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Bank Of India for its Muderwa Thakurain branch in Bahraich, Bhinga, Uttar Pradesh, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of Bank Of India located in Bahraich or anywhere in Uttar Pradesh can transfer funds instantly by using the correct IFSC Code BKID0AG1817. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Bank Of India, Muderwa Thakurain, Bahraich
The table below shows the main details of the IFSC Code BKID0AG1817 for the Bank Of India branch in Bahraich, which falls under the Bhinga district in Uttar Pradesh.
| Particulars | Details |
|---|---|
| Bank | Bank Of India |
| IFSC Code | BKID0AG1817 |
| Branch | Muderwa Thakurain |
| City | Bahraich |
| District | Bhinga |
| State | Uttar Pradesh |
| Address | Vill Muderwa Thakurainblockbisheshwarganj Pomuderwa Thakurain Tahsilmahasi Pin271821 |
These details helps users in online banking and for businesses and individuals who use Bank Of India in Bahraich for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0AG1817 for the Muderwa Thakurain branch of Bank Of India plays a vital role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Bank Of India located in Muderwa Thakurain, Bahraich, Uttar Pradesh, is provided a unique IFSC like BKID0AG1817 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Bank Of India branch in Bahraich.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Bahraich and Bhinga.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Uttar Pradesh and the rest of India, the IFSC Code ensures that transactions meant for Bank Of India in Muderwa Thakurain do not get misguided to another person.
Format of the IFSC Code BKID0AG1817
The format of the IFSC Code for banks, including Bank Of India, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown of this:
- First 4 characters (AAAA): Represent the bank code. For Bank Of India, these characters are the bank's short identifier.
- 5th character (0): Always zero which is reserved for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Muderwa Thakurain in Bahraich.
For example, the IFSC Code BKID0AG1817 of Bank Of India for the Muderwa Thakurain branch includes these elements, identifying the bank and the branch location in Bahraich and Uttar Pradesh accurately.
How to Find IFSC Code for Bank Of India?
If you are trying to find the IFSC Code BKID0AG1817 of Bank Of India for its Muderwa Thakurain branch located in Bahraich, the following methods can help:
Cheque Book
The cheque book issued by Bank Of India includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.
Passbook
You can easily find the IFSC and MICR codes because most banks, including Bank Of India branches in Bahraich and Bhinga, print them on the first page of your passbook.
Bank Website
Visit the official website of Bank Of India and navigate to the branch locator section. Search for Muderwa Thakurain or Bahraich to get the exact IFSC Code BKID0AG1817.
Mobile Banking App
If you use Bank Of India's mobile app, you can check your account details to find your branch's IFSC code.
RBI Website
The Reserve Bank of India keeps an updated list of all IFSC codes. If you search for Bank Of India and Bahraich, you'll get the correct details.
How to Use IFSC Code BKID0AG1817 for Online Transfers?
Once you have the IFSC Code BKID0AG1817 for the Muderwa Thakurain branch of Bank Of India in Bahraich, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code BKID0AG1817. Transfers are processed in batches. This is suitable for personal and business payments.
RTGS
Used for high-value payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. Requires the recipient's account details and Bank Of India IFSC Code BKID0AG1817.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Bank Of India Muderwa Thakurain in Bahraich may result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Bank Of India in Muderwa Thakurain, you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go to the first page of your passbook.
- Visit the official Bank Of India website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Bahraich manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is BKID0AG1817.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Vill Muderwa Thakurainblockbisheshwarganj Pomuderwa Thakurain Tahsilmahasi Pin271821 located in Bahraich, Bhinga, Uttar Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.