IFSC Code of Bank Of India, Mill Ward, Lakhimpur, Uttar Pradesh — BKID0AG2454

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 Mill Ward branch in Lakhimpur, Lakhimpur, Uttar Pradesh, 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 Lakhimpur or anywhere in Uttar Pradesh can transfer funds instantly by using the correct IFSC Code BKID0AG2454. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Bank Of India, Mill Ward, Lakhimpur

The table below shows the main details of the IFSC Code BKID0AG2454 for the Bank Of India branch in Lakhimpur, which falls under the Lakhimpur district in Uttar Pradesh.

These details are crucial, not just for online banking users but also for businesses and individuals who use Bank Of India in Lakhimpur for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0AG2454 for the Mill Ward 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 Mill Ward, Lakhimpur, Uttar Pradesh, are given a unique IFSC like BKID0AG2454 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It clearly tells which bank branch it is in Lakhimpur.
• 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 Lakhimpur and Lakhimpur.
• 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 Mill Ward goes to the correct branch. This is important because Bank Of India has thousands of branches in Uttar Pradesh and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code BKID0AG2454

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 Mill Ward in Lakhimpur.

For example, the IFSC Code BKID0AG2454 of Bank Of India for the Mill Ward branch includes these elements, identifying the bank and the branch location in Lakhimpur and Uttar Pradesh accurately.

How to Find IFSC Code for Bank Of India?

To find the IFSC Code BKID0AG2454 of Bank Of India for its Mill Ward branch located in Lakhimpur, the following methods can help you out:

Cheque Book

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

Passbook

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

Bank Website

Visit the official website of Bank Of India and go to the branch locator section. Then search for Mill Ward or Lakhimpur to find the exact IFSC Code BKID0AG2454.

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 maintains an updated database of all IFSC codes. Searching for Bank Of India and Lakhimpur will provide accurate information.

How to Use IFSC Code BKID0AG2454 for Online Transfers?

Once you have the IFSC Code BKID0AG2454 for the Mill Ward branch of Bank Of India in Lakhimpur, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0AG2454. 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 BKID0AG2454.

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 Mill Ward in Lakhimpur, it can 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 Mill Ward, 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 Lakhimpur manage their online transfers and cheque clearances easily.