IFSC Code of Bank Of India, Mooda Sawaran, Lakhimpur, Uttar Pradesh — BKID0AG2405

There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Bank Of India for its Mooda Sawaran branch in Lakhimpur, Lakhimpur, Uttar Pradesh, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of Bank Of India situated in Lakhimpur or anywhere in Uttar Pradesh can easily transfer funds instantly by using the correct IFSC Code BKID0AG2405. You should 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, Mooda Sawaran, Lakhimpur

Here are some of the key details that come with the IFSC Code BKID0AG2405 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 BKID0AG2405 for the Mooda Sawaran 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 Mooda Sawaran, Lakhimpur, Uttar Pradesh, is provided with a unique IFSC like BKID0AG2405 to ensure that online payments reach the right destination.

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 errors or confusions between multiple branches of the same bank across different places like Lakhimpur and Lakhimpur.
• 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 Uttar Pradesh and the rest of India and the IFSC Code ensures that transactions meant for Bank Of India in Mooda Sawaran do not get mixed with another location.

Format of the IFSC Code BKID0AG2405

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 Mooda Sawaran in Lakhimpur.

For example, the IFSC Code BKID0AG2405 of Bank Of India for the Mooda Sawaran 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?

If you are trying to find the IFSC Code BKID0AG2405 of Bank Of India for its Mooda Sawaran branch located in Lakhimpur, the following methods can help:

Cheque Book

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

Passbook

You can easily find the IFSC and MICR codes because most banks, including Bank Of India branches in Lakhimpur and Lakhimpur, print them on the first page of your passbook.

Bank Website

Visit the official website of Bank Of India and navigate to the branch locator section. Search for Mooda Sawaran or Lakhimpur to get the exact IFSC Code BKID0AG2405.

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 keeps an updated list of all IFSC codes. If you search for Bank Of India and Lakhimpur, you'll get the correct details.

How to Use IFSC Code BKID0AG2405 for Online Transfers?

Once you have the IFSC Code BKID0AG2405 for the Mooda Sawaran branch of Bank Of India in Lakhimpur, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0AG2405. 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 BKID0AG2405.

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 Mooda Sawaran in Lakhimpur 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 Mooda Sawaran, 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.