IFSC Code of Bank Of India, Mitauli, Lakhimpur, Uttar Pradesh — BKID0AG2445

For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Bank Of India for its Mitauli branch in Lakhimpur, Lakhimpur, Uttar Pradesh, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly 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 BKID0AG2445. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Bank Of India, Mitauli, Lakhimpur

Below in the table are the key details related to IFSC Code BKID0AG2445 of Bank Of India for its branch located in Lakhimpur, within the district of Lakhimpur in the state of Uttar Pradesh.

These details are essential not only for online banking users but also for businesses and individuals who use Bank Of India in Lakhimpur for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0AG2445 for the Mitauli 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 that is provided by the Reserve Bank of India. A unique IFSC like BKID0AG2445 is given to every bank branch, including Bank Of India located in Mitauli, Lakhimpur, Uttar Pradesh, 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 Lakhimpur.
• 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 Lakhimpur and Lakhimpur.
• 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 Uttar Pradesh and the rest of India, which is why the IFSC Code ensures that transactions meant for Bank Of India in Mitauli doesn't end up at another location.

Format of the IFSC Code BKID0AG2445

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 Mitauli in Lakhimpur.

For example, the IFSC Code BKID0AG2445 of Bank Of India for the Mitauli 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 BKID0AG2445 of Bank Of India for its Mitauli 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 Mitauli or Lakhimpur to find the exact IFSC Code BKID0AG2445.

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 BKID0AG2445 for Online Transfers?

Once you have the IFSC Code BKID0AG2445 for the Mitauli branch of Bank Of India in Lakhimpur, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code BKID0AG2445. The transfer is completed in batches. It is useful for both personal and business payments.

RTGS

Used for payments over ₹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 BKID0AG2445.

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 Mitauli in Lakhimpur, your payment can get delayed or might not go through at all.

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 Mitauli, 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 Lakhimpur manage online transfers as well as cheque clearances with ease.