IFSC Code of Bank Of India, Mahispota, Mahispota Wb, West Bengal- BKID0004131

Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Bank Of India for its Mahispota branch in Mahispota (Wb), Mahispota Wb, or West Bengal, this guide will help you with all the details.

There have been major changes in the banking sector in India and today, the customers of Bank Of India located in Mahispota (Wb) or anywhere in West Bengal can transfer funds instantly by using the correct IFSC Code BKID0004131. You should definitely 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, Mahispota, Mahispota (Wb)

Below in the table are the key details related to IFSC Code BKID0004131 of Bank Of India for its branch located in Mahispota (Wb), within the district of Mahispota Wb in the state of West Bengal.

These details are crucial, not just for online banking users but also for businesses and individuals who use Bank Of India in Mahispota (Wb) for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0004131 for the Mahispota 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, including Bank Of India located in Mahispota, Mahispota (Wb), West Bengal, is provided with a unique IFSC like BKID0004131 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It uniquely identifies the Bank Of India branch in Mahispota (Wb).
• 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 Mahispota (Wb) and Mahispota Wb.
• 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 West Bengal and the rest of India and the IFSC Code ensures that transactions meant for Bank Of India in Mahispota do not get mixed with another location.

Format of the IFSC Code BKID0004131

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 Mahispota in Mahispota (Wb).

For example, the IFSC Code BKID0004131 of Bank Of India for the Mahispota branch includes these elements, identifying the bank and the branch location in Mahispota (Wb) and West Bengal correctly.

How to Find IFSC Code for Bank Of India?

If you are trying to find the IFSC Code BKID0004131 of Bank Of India for its Mahispota branch located in Mahispota (Wb), 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 Mahispota (Wb) and Mahispota Wb, 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 Mahispota or Mahispota (Wb) to get the exact IFSC Code BKID0004131.

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 Mahispota (Wb) that will provide accurate information.

How to Use IFSC Code BKID0004131 for Online Transfers?

Once you have the IFSC Code BKID0004131 for the Mahispota branch of Bank Of India in Mahispota (Wb), you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code BKID0004131. 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 BKID0004131.

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 Mahispota in Mahispota (Wb), 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 Mahispota, 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 Mahispota (Wb) manage online transfers as well as cheque clearances with ease.