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 Madhuaha Birit branch in Madhuaha Birit (Dist. East Champaran), Madhuaha Birit Dist East Champaran, Bihar, 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 Madhuaha Birit (Dist. East Champaran) or anywhere in Bihar can easily transfer funds instantly by using the correct IFSC Code BKID0004960. 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, Madhuaha Birit, Madhuaha Birit (Dist. East Champaran)
Here are the main details that are associated with the IFSC Code BKID0004960 of Bank Of India for its branch located in Madhuaha Birit (Dist. East Champaran), within the district of Madhuaha Birit Dist East Champaran in the state of Bihar.
| Particulars | Details |
|---|---|
| Bank | Bank Of India |
| IFSC Code | BKID0004960 |
| Branch | Madhuaha Birit |
| City | Madhuaha Birit (Dist. East Champaran) |
| District | Madhuaha Birit Dist East Champaran |
| State | Bihar |
| Address | Vill Po Madhuahavia Tetaria Dist East Champaran |
These details helps users in online banking and for businesses and individuals who use Bank Of India in Madhuaha Birit (Dist. East Champaran) for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0004960 for the Madhuaha Birit branch of Bank Of India plays a vital 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 Madhuaha Birit, Madhuaha Birit (Dist. East Champaran), Bihar, are given a unique IFSC like BKID0004960 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Madhuaha Birit (Dist. East Champaran).
- 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 Madhuaha Birit (Dist. East Champaran) and Madhuaha Birit Dist East Champaran.
- 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 Madhuaha Birit goes to the correct branch. This is important because Bank Of India has thousands of branches in Bihar and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code BKID0004960
The format of the IFSC Code for banks, including Bank Of India, has 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 Madhuaha Birit in Madhuaha Birit (Dist. East Champaran).
For example, the IFSC Code BKID0004960 of Bank Of India for the Madhuaha Birit branch includes these elements, identifying the bank and the branch location in Madhuaha Birit (Dist. East Champaran) and Bihar correctly.
How to Find IFSC Code for Bank Of India?
If you are trying to find the IFSC Code BKID0004960 of Bank Of India for its Madhuaha Birit branch located in Madhuaha Birit (Dist. East Champaran), the following methods can help:
Cheque Book
The cheque books that are issued by Bank Of India include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.
Passbook
Most banks, including Bank Of India branches in Madhuaha Birit (Dist. East Champaran) and Madhuaha Birit Dist East Champaran, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Bank Of India and find the branch locator section. Search for Madhuaha Birit or Madhuaha Birit (Dist. East Champaran) to get the exact IFSC Code BKID0004960.
Mobile Banking App
If you use Bank Of India's mobile app, you can easily 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 to help you in searching for Bank Of India and Madhuaha Birit (Dist. East Champaran) that will provide accurate information.
How to Use IFSC Code BKID0004960 for Online Transfers?
Once you have the IFSC Code BKID0004960 for the Madhuaha Birit branch of Bank Of India in Madhuaha Birit (Dist. East Champaran), you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code BKID0004960. 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 BKID0004960.
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 Madhuaha Birit in Madhuaha Birit (Dist. East Champaran), it can 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 Madhuaha Birit, 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 Madhuaha Birit (Dist. East Champaran) manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is BKID0004960.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Vill Po Madhuahavia Tetaria Dist East Champaran located in Madhuaha Birit (Dist. East Champaran), Madhuaha Birit Dist East Champaran, Bihar.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.