IFSC Code of Bank Of India, Narkatiyaganj, Champaran, Bihar- BKID0005774

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 Narkatiyaganj branch in Champaran, Champaran, Bihar, 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 Champaran or anywhere in Bihar can transfer funds instantly by using the correct IFSC Code BKID0005774. 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, Narkatiyaganj, Champaran

Below in the table are the key details related to IFSC Code BKID0005774 of Bank Of India for its branch located in Champaran, within the district of Champaran in the state of Bihar.

These details help users in online banking and for businesses and individuals who use Bank Of India in Champaran for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0005774 for the Narkatiyaganj 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 Narkatiyaganj, Champaran, Bihar, are given a unique IFSC like BKID0005774 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It clearly tells which bank branch it is in Champaran.
• 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 Champaran and Champaran.
• 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 Narkatiyaganj 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 BKID0005774

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 Narkatiyaganj in Champaran.

For example, the IFSC Code BKID0005774 of Bank Of India for the Narkatiyaganj branch includes these elements, identifying the bank and the branch location in Champaran and Bihar correctly.

How to Find IFSC Code for Bank Of India?

If you are trying to find the IFSC Code BKID0005774 of Bank Of India for its Narkatiyaganj branch located in Champaran, 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 Champaran and Champaran, 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 Narkatiyaganj or Champaran to get the exact IFSC Code BKID0005774.

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 Champaran that will provide accurate information.

How to Use IFSC Code BKID0005774 for Online Transfers?

Once you have the IFSC Code BKID0005774 for the Narkatiyaganj branch of Bank Of India in Champaran, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code BKID0005774. The transfer is completed in batches instead of instantly. It is useful for both 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 BKID0005774.

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 Narkatiyaganj in Champaran, 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 Narkatiyaganj, 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 Champaran manage their online transfers and cheque clearances easily.