The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Bank Of India for its Bhimpur branch in Bhimpur (Bihar), Bhimpur Bihar, Bihar, this complete guide will provide you with detailed information.

The banking system in India has changed over the years, and today customers of Bank Of India located in Bhimpur (Bihar) or anywhere in Bihar can transfer funds instantly by using the correct IFSC Code BKID0004584. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Bank Of India, Bhimpur, Bhimpur (Bihar)

Below in the table are the key details related to IFSC Code BKID0004584 of Bank Of India for its branch located in Bhimpur (Bihar), within the district of Bhimpur Bihar in the state of Bihar.

Particulars Details
Bank Bank Of India
IFSC Code BKID0004584
Branch Bhimpur
City Bhimpur (Bihar)
District Bhimpur Bihar
State Bihar
Address At Po Bhimpur Via Balua Bazarbhimpur

These details are important not only for users using online banking but also for businesses and individuals who use Bank Of India in Bhimpur (Bihar) for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code BKID0004584 for the Bhimpur branch of Bank Of India is vital.

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 Bhimpur, Bhimpur (Bihar), Bihar, is provided a unique IFSC like BKID0004584 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Bank Of India branch in Bhimpur (Bihar).
  • 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 Bhimpur (Bihar) and Bhimpur Bihar.
  • 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 Bihar and the rest of India, the IFSC Code ensures that transactions meant for Bank Of India in Bhimpur do not get misguided to another person.

Format of the IFSC Code BKID0004584

This is the format of the IFSC Code for banks, including Bank Of India, follows an 11-character structure:

AAAA0CCCCCC

Here's the explanation:

  • First 4 characters (AAAA): This is the bank code. For Bank Of India, these characters are the bank's short identifier.
  • 5th character (0): This stays zero till there is any future use.
  • Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Bhimpur in Bhimpur (Bihar).

For example, the IFSC Code BKID0004584 of Bank Of India for the Bhimpur branch includes these elements, identifying the bank and the branch location in Bhimpur (Bihar) and Bihar accurately.

How to Find IFSC Code for Bank Of India?

If you are trying to find the IFSC Code BKID0004584 of Bank Of India for its Bhimpur branch located in Bhimpur (Bihar), 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 Bhimpur (Bihar) and Bhimpur Bihar, 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 Bhimpur or Bhimpur (Bihar) to get the exact IFSC Code BKID0004584.

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 Bhimpur (Bihar), you'll get the correct details.

How to Use IFSC Code BKID0004584 for Online Transfers?

Once you have the IFSC Code BKID0004584 for the Bhimpur branch of Bank Of India in Bhimpur (Bihar), you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0004584. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. You need the recipient's account details and Bank Of India IFSC Code BKID0004584.

Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Bank Of India Bhimpur in Bhimpur (Bihar), it can 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 Bhimpur, 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 Bhimpur (Bihar) manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of India in Bhimpur, Bhimpur (Bihar)?

The IFSC Code is BKID0004584.

Is the IFSC Code BKID0004584 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

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

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

You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Bhimpur branch?

The address of the branch is At Po Bhimpur Via Balua Bazarbhimpur located in Bhimpur (Bihar), Bhimpur Bihar, 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.