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 Maunath Bhanjan branch in Maunath Bhanjan (Dist Mau), Maunath Bhanjan Dist Mau, 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 Maunath Bhanjan (Dist Mau) or anywhere in Uttar Pradesh can transfer funds instantly by using the correct IFSC Code BKID0007291. 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, Maunath Bhanjan, Maunath Bhanjan (Dist Mau)
Here are the key points that are associated with the IFSC Code BKID0007291 of Bank Of India for its branch located in Maunath Bhanjan (Dist Mau), within the district of Maunath Bhanjan Dist Mau in the state of Uttar Pradesh.
| Particulars | Details |
|---|---|
| Bank | Bank Of India |
| IFSC Code | BKID0007291 |
| Branch | Maunath Bhanjan |
| City | Maunath Bhanjan (Dist Mau) |
| District | Maunath Bhanjan Dist Mau |
| State | Uttar Pradesh |
| Address | Gola Bazarmaunath Bhanjan Dist Mau |
These details are crucial, not just for online banking users but also for businesses and individuals who use Bank Of India in Maunath Bhanjan (Dist Mau) for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0007291 for the Maunath Bhanjan 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 that is provided by the Reserve Bank of India. A unique IFSC like BKID0007291 is given to every bank branch, including Bank Of India located in Maunath Bhanjan, Maunath Bhanjan (Dist Mau), Uttar Pradesh, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Bank Of India branch in Maunath Bhanjan (Dist Mau).
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any kind of confusion between multiple branches of the same bank across different places like Maunath Bhanjan (Dist Mau) and Maunath Bhanjan Dist Mau.
- It removes errors in fund transfers and improves accuracy.
- It lets the sender banks validate and confirm branch details before they process the payments.
There are thousands of branches across Uttar Pradesh and the rest of India, which is why the IFSC Code ensures that transactions meant for Bank Of India in Maunath Bhanjan doesn't end up at another location.
Format of the IFSC Code BKID0007291
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 Maunath Bhanjan in Maunath Bhanjan (Dist Mau).
For example, the IFSC Code BKID0007291 of Bank Of India for the Maunath Bhanjan branch includes these elements, identifying the bank and the branch location in Maunath Bhanjan (Dist Mau) and Uttar Pradesh accurately.
How to Find IFSC Code for Bank Of India?
To find the IFSC Code BKID0007291 of Bank Of India for its Maunath Bhanjan branch located in Maunath Bhanjan (Dist Mau), 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 Maunath Bhanjan (Dist Mau) and Maunath Bhanjan Dist Mau, 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 Maunath Bhanjan or Maunath Bhanjan (Dist Mau) to find the exact IFSC Code BKID0007291.
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 Maunath Bhanjan (Dist Mau) will provide accurate information.
How to Use IFSC Code BKID0007291 for Online Transfers?
If you have the IFSC Code BKID0007291 for the Maunath Bhanjan branch of Bank Of India in Maunath Bhanjan (Dist Mau), you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code BKID0007291. Transfers are processed in batches. Suitable for 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. Asks for the recipient's account details and Bank Of India IFSC Code BKID0007291.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Bank Of India Maunath Bhanjan in Maunath Bhanjan (Dist Mau), it may 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 Maunath Bhanjan, 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 Maunath Bhanjan (Dist Mau) to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the Maunath Bhanjan Maunath Bhanjan (Dist Mau) branch is BKID0007291.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Gola Bazarmaunath Bhanjan Dist Mau.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.