IFSC Code of Bank Of India, Lalbagh, Lalbagh Bihar, Bihar- BKID0004867

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 Lalbagh branch in Lalbagh ( Bihar), Lalbagh Bihar, 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 Lalbagh ( Bihar) or anywhere in Bihar can transfer funds instantly by using the correct IFSC Code BKID0004867. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Bank Of India, Lalbagh, Lalbagh ( Bihar)

Here are the main details that are associated with the IFSC Code BKID0004867 of Bank Of India for its branch located in Lalbagh ( Bihar), within the district of Lalbagh Bihar in the state of Bihar.

These details are important not only for users using online banking but also for businesses and individuals who use Bank Of India in Lalbagh ( Bihar) for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code BKID0004867 for the Lalbagh branch of Bank Of India is vital.

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 Lalbagh, Lalbagh ( Bihar), Bihar, is provided with a unique IFSC like BKID0004867 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It uniquely identifies the Bank Of India branch in Lalbagh ( Bihar).
• 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 Lalbagh ( Bihar) and Lalbagh Bihar.
• 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 Lalbagh do not get mixed with another location.

Format of the IFSC Code BKID0004867

This is the format of the IFSC Code for banks, including Bank Of India, follows an 11-character structure:

AAAA0CCCCCC

Here's the explanation:

• First 4 characters (AAAA): This is the bank code. For Bank Of India, these characters are the bank's short identifier.
• 5th character (0): This stays zero till there is any future use.
• Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Lalbagh in Lalbagh ( Bihar).

For example, the IFSC Code BKID0004867 of Bank Of India for the Lalbagh branch includes these elements, identifying the bank and the branch location in Lalbagh ( Bihar) and Bihar accurately.

How to Find IFSC Code for Bank Of India?

If you are looking for the IFSC Code BKID0004867 of Bank Of India for its Lalbagh branch located in Lalbagh ( Bihar), 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 Lalbagh ( Bihar) and Lalbagh Bihar, 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 Lalbagh or Lalbagh ( Bihar) to get the exact IFSC Code BKID0004867.

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 Lalbagh ( Bihar), then it will provide you proper information.

How to Use IFSC Code BKID0004867 for Online Transfers?

Once you have the IFSC Code BKID0004867 for the Lalbagh branch of Bank Of India in Lalbagh ( Bihar), you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code BKID0004867. 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 BKID0004867.

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 Lalbagh in Lalbagh ( Bihar), 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 Lalbagh, 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 Lalbagh ( Bihar) manage their online transfers and cheque clearances easily.