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 Makanpur branch in Makanpur (Dist. Barabanki), Makanpur Dist Barabanki, or Uttar Pradesh, 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 Makanpur (Dist. Barabanki) or anywhere in Uttar Pradesh can transfer funds instantly by using the correct IFSC Code BKID0007516. 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, Makanpur, Makanpur (Dist. Barabanki)

Below in the table are the key details related to IFSC Code BKID0007516 of Bank Of India for its branch located in Makanpur (Dist. Barabanki), within the district of Makanpur Dist Barabanki in the state of Uttar Pradesh.

Particulars Details
Bank Bank Of India
IFSC Code BKID0007516
Branch Makanpur
City Makanpur (Dist. Barabanki)
District Makanpur Dist Barabanki
State Uttar Pradesh
Address Vill Makanpurblock Trivediganj Distbarabanki

These details are essential not only for online banking users but also for businesses and individuals who use Bank Of India in Makanpur (Dist. Barabanki) for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0007516 for the Makanpur 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, along with Bank Of India located in Makanpur, Makanpur (Dist. Barabanki), Uttar Pradesh, are given a unique IFSC like BKID0007516 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Makanpur (Dist. Barabanki).
  • 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 Makanpur (Dist. Barabanki) and Makanpur Dist Barabanki.
  • 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 Makanpur goes to the correct branch. This is important because Bank Of India has thousands of branches in Uttar Pradesh and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code BKID0007516

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 Makanpur in Makanpur (Dist. Barabanki).

For example, the IFSC Code BKID0007516 of Bank Of India for the Makanpur branch includes these elements, identifying the bank and the branch location in Makanpur (Dist. Barabanki) and Uttar Pradesh accurately.

How to Find IFSC Code for Bank Of India?

To find the IFSC Code BKID0007516 of Bank Of India for its Makanpur branch located in Makanpur (Dist. Barabanki), 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 Makanpur (Dist. Barabanki) and Makanpur Dist Barabanki, 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 Makanpur or Makanpur (Dist. Barabanki) to find the exact IFSC Code BKID0007516.

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 Makanpur (Dist. Barabanki) will provide accurate information.

How to Use IFSC Code BKID0007516 for Online Transfers?

Once you have the IFSC Code BKID0007516 for the Makanpur branch of Bank Of India in Makanpur (Dist. Barabanki), you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0007516. 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 BKID0007516.

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 Makanpur in Makanpur (Dist. Barabanki), 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 Makanpur, here are some ways to obtain 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.

Having both the IFSC and MICR codes makes it easy for account holders in Makanpur (Dist. Barabanki) to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of India in Makanpur, Makanpur (Dist. Barabanki)?

The IFSC Code is BKID0007516.

Is the IFSC Code BKID0007516 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and IFSC is for online transfers.

Where can I find the IFSC Code of Bank Of India Makanpur?

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Makanpur branch?

The address of the branch is Vill Makanpurblock Trivediganj Distbarabanki located in Makanpur (Dist. Barabanki), Makanpur Dist Barabanki, Uttar Pradesh.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.