There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Bank Of India for its Basuki Behari branch in Basuki Behari (Dist. Madhubani), Basuki Behari Dist Madhubani, Bihar, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of Bank Of India situated in Basuki Behari (Dist. Madhubani) or anywhere in Bihar can easily transfer funds instantly by using the correct IFSC Code BKID0004541. You should 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, Basuki Behari, Basuki Behari (Dist. Madhubani)

Here are the key points that are associated with the IFSC Code BKID0004541 of Bank Of India for its branch located in Basuki Behari (Dist. Madhubani), within the district of Basuki Behari Dist Madhubani in the state of Bihar.

Particulars Details
Bank Bank Of India
IFSC Code BKID0004541
Branch Basuki Behari
City Basuki Behari (Dist. Madhubani)
District Basuki Behari Dist Madhubani
State Bihar
Address At P O Basuki Beharivia Madhwapur Dist Madhubani

These details help users in online banking and for businesses and individuals who use Bank Of India in Basuki Behari (Dist. Madhubani) for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0004541 for the Basuki Behari branch of Bank Of India has a very important role.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with Bank Of India located in Basuki Behari, Basuki Behari (Dist. Madhubani), Bihar, are given a unique IFSC like BKID0004541 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Basuki Behari (Dist. Madhubani).
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents any kind of confusion between different branches of the same bank in places like Basuki Behari (Dist. Madhubani) and Basuki Behari Dist Madhubani.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It helps ensure that any money sent to Bank Of India in Basuki Behari goes to the correct branch. This is important because Bank Of India has thousands of branches in Bihar and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code BKID0004541

The format of the IFSC Code for banks, including Bank Of India, has an 11-character structure:

AAAA0CCCCCC

Here's the breakdown:

  • First 4 characters (AAAA): Show the bank code. For Bank Of India, these letters represent the bank's short name.
  • 5th character: Is always zero and is kept for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Basuki Behari in Basuki Behari (Dist. Madhubani).

For example, the IFSC Code BKID0004541 of Bank Of India for the Basuki Behari branch includes these elements, identifying the bank and the branch location in Basuki Behari (Dist. Madhubani) and Bihar correctly.

How to Find IFSC Code for Bank Of India?

If you are trying to find the IFSC Code BKID0004541 of Bank Of India for its Basuki Behari branch located in Basuki Behari (Dist. Madhubani), 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

Most banks, including Bank Of India branches in Basuki Behari (Dist. Madhubani) and Basuki Behari Dist Madhubani, print the IFSC and MICR codes 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 Basuki Behari or Basuki Behari (Dist. Madhubani) to get the exact IFSC Code BKID0004541.

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 Basuki Behari (Dist. Madhubani), you'll get the correct details.

How to Use IFSC Code BKID0004541 for Online Transfers?

Once you have the IFSC Code BKID0004541 for the Basuki Behari branch of Bank Of India in Basuki Behari (Dist. Madhubani), you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code BKID0004541. The transfer is completed in batches. It is useful for both personal and business payments.

RTGS

Used for payments over ₹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 BKID0004541.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Bank Of India Basuki Behari in Basuki Behari (Dist. Madhubani), your payment can get delayed or might not go through at all.

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Bank Of India in Basuki Behari, here are some of the ways you can get it:

  • Check the bottom of your cheque leaf.
  • Refer to the first page of your passbook.
  • Visit the official Bank Of India website.
  • Search the RBI portal.

Knowing both IFSC and MICR code can help account holders in Basuki Behari (Dist. Madhubani) manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of India Basuki Behari Basuki Behari (Dist. Madhubani)?

The IFSC Code of the Basuki Behari Basuki Behari (Dist. Madhubani) branch is BKID0004541.

Is IFSC Code BKID0004541 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Bank Of India Basuki Behari branch?

The branch is located at At P O Basuki Beharivia Madhwapur Dist Madhubani.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.