IFSC Code of Bank Of India, Bihar Shariff, Bihar Sharif, Bihar- BKID0004861

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 Bihar Shariff branch in Bihar Sharif, Bihar Sharif, 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 Bihar Sharif or anywhere in Bihar can transfer funds instantly by using the correct IFSC Code BKID0004861. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Bank Of India, Bihar Shariff, Bihar Sharif

Here are some of the key details that come with the IFSC Code BKID0004861 of Bank Of India for its branch located in Bihar Sharif, within the district of Bihar Sharif in the state of Bihar.

These details helps users in online banking and for businesses and individuals who use Bank Of India in Bihar Sharif for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0004861 for the Bihar Shariff 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, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like BKID0004861 is given to every bank branch, including Bank Of India located in Bihar Shariff, Bihar Sharif, Bihar, to make sure that online payments reach the right place.

The IFSC Code is important because:

• It uniquely identifies the Bank Of India branch in Bihar Sharif.
• It helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It avoids any kind of confusion between multiple branches of the same bank across different places like Bihar Sharif and Bihar Sharif.
• It removes errors in fund transfers and improves accuracy.
• It lets the sender banks validate and confirm branch details before they process the payments.

There are thousands of branches across Bihar and the rest of India, which is why the IFSC Code ensures that transactions meant for Bank Of India in Bihar Shariff doesn't end up at another location.

Format of the IFSC Code BKID0004861

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 Bihar Shariff in Bihar Sharif.

For example, the IFSC Code BKID0004861 of Bank Of India for the Bihar Shariff branch includes these elements, identifying the bank and the branch location in Bihar Sharif and Bihar accurately.

How to Find IFSC Code for Bank Of India?

If you are trying to find the IFSC Code BKID0004861 of Bank Of India for its Bihar Shariff branch located in Bihar Sharif, the following methods can help:

Cheque Book

The cheque books that are issued by Bank Of India include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

Most banks, including Bank Of India branches in Bihar Sharif and Bihar Sharif, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Bank Of India and find the branch locator section. Search for Bihar Shariff or Bihar Sharif to get the exact IFSC Code BKID0004861.

Mobile Banking App

If you use Bank Of India's mobile app, you can easily check your account details to find your branch's IFSC code.

RBI Website

The Reserve Bank of India maintains an updated database of all IFSC codes to help you in searching for Bank Of India and Bihar Sharif that will provide accurate information.

How to Use IFSC Code BKID0004861 for Online Transfers?

Once you have the IFSC Code BKID0004861 for the Bihar Shariff branch of Bank Of India in Bihar Sharif, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0004861. 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 BKID0004861.

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 Bihar Shariff in Bihar Sharif may result in delayed or failed transactions.

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 Bihar Shariff, 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 Bihar Sharif manage their online transfers and cheque clearances easily.