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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Bank Of India for its Makhdumpur branch in Makhdumpur (Dist. Arawali), Makhdumpur Dist Arawali, Bihar, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of Bank Of India located in Makhdumpur (Dist. Arawali) or anywhere in Bihar can transfer funds instantly by using the correct IFSC Code BKID0004478. 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, Makhdumpur, Makhdumpur (Dist. Arawali)
Below in the table are the key details related to IFSC Code BKID0004478 of Bank Of India for its branch located in Makhdumpur (Dist. Arawali), within the district of Makhdumpur Dist Arawali in the state of Bihar.
| Particulars | Details |
|---|---|
| Bank | Bank Of India |
| IFSC Code | BKID0004478 |
| Branch | Makhdumpur |
| City | Makhdumpur (Dist. Arawali) |
| District | Makhdumpur Dist Arawali |
| State | Bihar |
| Address | Post Makhdumpurdistrict Jehanabad |
These details helps users in online banking and for businesses and individuals who use Bank Of India in Makhdumpur (Dist. Arawali) for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0004478 for the Makhdumpur 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Bank Of India located in Makhdumpur, Makhdumpur (Dist. Arawali), Bihar, is provided a unique IFSC like BKID0004478 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Bank Of India branch in Makhdumpur (Dist. Arawali).
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Makhdumpur (Dist. Arawali) and Makhdumpur Dist Arawali.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Bihar and the rest of India, the IFSC Code ensures that transactions meant for Bank Of India in Makhdumpur do not get misguided to another person.
Format of the IFSC Code BKID0004478
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 Makhdumpur in Makhdumpur (Dist. Arawali).
For example, the IFSC Code BKID0004478 of Bank Of India for the Makhdumpur branch includes these elements, identifying the bank and the branch location in Makhdumpur (Dist. Arawali) and Bihar accurately.
How to Find IFSC Code for Bank Of India?
If you are trying to find the IFSC Code BKID0004478 of Bank Of India for its Makhdumpur branch located in Makhdumpur (Dist. Arawali), 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 Makhdumpur (Dist. Arawali) and Makhdumpur Dist Arawali, 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 Makhdumpur or Makhdumpur (Dist. Arawali) to get the exact IFSC Code BKID0004478.
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 Makhdumpur (Dist. Arawali) that will provide accurate information.
How to Use IFSC Code BKID0004478 for Online Transfers?
Once you have the IFSC Code BKID0004478 for the Makhdumpur branch of Bank Of India in Makhdumpur (Dist. Arawali), you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code BKID0004478. The transfer is completed in batches instead of instantly. It is useful for both 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 BKID0004478.
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 Makhdumpur in Makhdumpur (Dist. Arawali), 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 Makhdumpur, 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 Makhdumpur (Dist. Arawali) to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is BKID0004478.
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 Post Makhdumpurdistrict Jehanabad located in Makhdumpur (Dist. Arawali), Makhdumpur Dist Arawali, Bihar.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.