For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Bank Of India for its Bhelwa branch in Bhelwa (Dist. Saharsa), Bhelwa Dist Saharsa, Bihar, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly over the years, and today customers of Bank Of India located in Bhelwa (Dist. Saharsa) or anywhere in Bihar can transfer funds instantly by using the correct IFSC Code BKID0004587. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Bank Of India, Bhelwa, Bhelwa (Dist. Saharsa)

Below in the table are the key details related to IFSC Code BKID0004587 of Bank Of India for its branch located in Bhelwa (Dist. Saharsa), within the district of Bhelwa Dist Saharsa in the state of Bihar.

Particulars Details
Bank Bank Of India
IFSC Code BKID0004587
Branch Bhelwa
City Bhelwa (Dist. Saharsa)
District Bhelwa Dist Saharsa
State Bihar
Address Vill Post Salkhua Bazardist Saharsa

These details are crucial, not just for online banking users but also for businesses and individuals who use Bank Of India in Bhelwa (Dist. Saharsa) for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0004587 for the Bhelwa branch of Bank Of India has an 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 Bhelwa, Bhelwa (Dist. Saharsa), Bihar, are allotted a unique IFSC like BKID0004587 to ensure that online payments reach the right destination.

The IFSC Code is important because:

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

It makes sure that money sent to Bank Of India in Bhelwa reaches the right place, even though there are thousands of branches in Bihar and across India.

Format of the IFSC Code BKID0004587

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 Bhelwa in Bhelwa (Dist. Saharsa).

For example, the IFSC Code BKID0004587 of Bank Of India for the Bhelwa branch includes these elements, identifying the bank and the branch location in Bhelwa (Dist. Saharsa) and Bihar accurately.

How to Find IFSC Code for Bank Of India?

If you are trying to find the IFSC Code BKID0004587 of Bank Of India for its Bhelwa branch located in Bhelwa (Dist. Saharsa), 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 Bhelwa (Dist. Saharsa) and Bhelwa Dist Saharsa, 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 Bhelwa or Bhelwa (Dist. Saharsa) to get the exact IFSC Code BKID0004587.

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 Bhelwa (Dist. Saharsa), you'll get the correct details.

How to Use IFSC Code BKID0004587 for Online Transfers?

If you have the IFSC Code BKID0004587 for the Bhelwa branch of Bank Of India in Bhelwa (Dist. Saharsa), you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0004587. Transfers are processed in batches. 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. Asks for the recipient's account details and Bank Of India IFSC Code BKID0004587.

Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Bank Of India Bhelwa in Bhelwa (Dist. Saharsa), it may result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of Bank Of India in Bhelwa, here are some ways that 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.

If you know both IFSC and MICR codes, then it can help account holders in Bhelwa (Dist. Saharsa) manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of India in Bhelwa, Bhelwa (Dist. Saharsa)?

The IFSC Code is BKID0004587.

Is the IFSC Code BKID0004587 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and IFSC is for online transfers.

Where can I find the IFSC Code of Bank Of India Bhelwa?

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Bhelwa branch?

The address of the branch is Vill Post Salkhua Bazardist Saharsa located in Bhelwa (Dist. Saharsa), Bhelwa Dist Saharsa, Bihar.

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.