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 Chorma branch in Chorma (District East Champaran), Chorma District East Champaran, 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 Chorma (District East Champaran) or anywhere in Bihar can transfer funds instantly by using the correct IFSC Code BKID0004444. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Bank Of India, Chorma, Chorma (District East Champaran)

Here are the key points that are associated with the IFSC Code BKID0004444 of Bank Of India for its branch located in Chorma (District East Champaran), within the district of Chorma District East Champaran in the state of Bihar.

Particulars Details
Bank Bank Of India
IFSC Code BKID0004444
Branch Chorma
City Chorma (District East Champaran)
District Chorma District East Champaran
State Bihar
Address At Post Chormadistrict East Champaran

These details are essential not only for online banking users but also for businesses and individuals who use Bank Of India in Chorma (District East Champaran) for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0004444 for the Chorma branch of Bank Of India plays 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, including Bank Of India located in Chorma, Chorma (District East Champaran), Bihar, is provided with a unique IFSC like BKID0004444 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the Bank Of India branch in Chorma (District East Champaran).
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any errors or confusions between multiple branches of the same bank across different places like Chorma (District East Champaran) and Chorma District East Champaran.
  • It reduces errors in fund transfers and improves accuracy.
  • It allows sender banks to validate and confirm branch details before processing payments.

There are thousands of branches across Bihar and the rest of India and the IFSC Code ensures that transactions meant for Bank Of India in Chorma do not get mixed with another location.

Format of the IFSC Code BKID0004444

The format of the IFSC Code for banks, including Bank Of India, follows 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 Chorma in Chorma (District East Champaran).

For example, the IFSC Code BKID0004444 of Bank Of India for the Chorma branch includes these elements, identifying the bank and the branch location in Chorma (District East Champaran) and Bihar accurately.

How to Find IFSC Code for Bank Of India?

If you are looking for the IFSC Code BKID0004444 of Bank Of India for its Chorma branch located in Chorma (District East Champaran), the following methods can help:

Cheque Book

The cheque book that is issued by Bank Of India includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.

Passbook

Most of the banks, including Bank Of India branches in Chorma (District East Champaran) and Chorma District East Champaran, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

You can visit the official website of Bank Of India and look for the branch locator section, then search for Chorma or Chorma (District East Champaran) to get the exact IFSC Code BKID0004444.

Mobile Banking App

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

RBI Website

The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Bank Of India and Chorma (District East Champaran), then it will provide you proper information.

How to Use IFSC Code BKID0004444 for Online Transfers?

If you have the IFSC Code BKID0004444 for the Chorma branch of Bank Of India in Chorma (District East Champaran), you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0004444. 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 BKID0004444.

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 Chorma in Chorma (District East Champaran), 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 Chorma, here are some ways to obtain 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.

Having both the IFSC and MICR codes makes it easy for account holders in Chorma (District East Champaran) to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of India Chorma Chorma (District East Champaran)?

The IFSC Code of the Chorma Chorma (District East Champaran) branch is BKID0004444.

Is IFSC Code BKID0004444 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 Chorma branch?

The branch is located at At Post Chormadistrict East Champaran.

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.