For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Bank Of India for its Mow Bazidpur branch in Mow-Bazidpur (Dist Samastipur), Mow Bazidpur Dist Samastipur, Bihar, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly over the years, and today customers of Bank Of India located in Mow-Bazidpur (Dist Samastipur) or anywhere in Bihar can transfer funds instantly by using the correct IFSC Code BKID0004841. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Bank Of India, Mow Bazidpur, Mow-Bazidpur (Dist Samastipur)

The table below shows the main details of the IFSC Code BKID0004841 for the Bank Of India branch in Mow-Bazidpur (Dist Samastipur), which falls under the Mow Bazidpur Dist Samastipur district in Bihar.

Particulars Details
Bank Bank Of India
IFSC Code BKID0004841
Branch Mow Bazidpur
City Mow-Bazidpur (Dist Samastipur)
District Mow Bazidpur Dist Samastipur
State Bihar
Address Mow Bazarpost Vidyapatinagar Dist Samastipur

These details are essential not only for online banking users but also for businesses and individuals who use Bank Of India in Mow-Bazidpur (Dist Samastipur) for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0004841 for the Mow Bazidpur 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Bank Of India located in Mow Bazidpur, Mow-Bazidpur (Dist Samastipur), Bihar, is provided a unique IFSC like BKID0004841 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Bank Of India branch in Mow-Bazidpur (Dist Samastipur).
  • 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 Mow-Bazidpur (Dist Samastipur) and Mow Bazidpur Dist Samastipur.
  • 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 Mow Bazidpur do not get misguided to another person.

Format of the IFSC Code BKID0004841

The format of the IFSC Code for banks, including Bank Of India, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown:

  • First 4 characters (AAAA): These represent the bank code. In Bank Of India, they are a short identifier for the bank.
  • 5th character (0): This is always zero and is reserved for future use.
  • Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Mow Bazidpur in Mow-Bazidpur (Dist Samastipur).

For example, the IFSC Code BKID0004841 of Bank Of India for the Mow Bazidpur branch has these elements, identifying the bank and the branch location in Mow-Bazidpur (Dist Samastipur) and Bihar correctly.

How to Find IFSC Code for Bank Of India?

If you are looking for the IFSC Code BKID0004841 of Bank Of India for its Mow Bazidpur branch located in Mow-Bazidpur (Dist Samastipur), the following methods can help:

Cheque Book

The cheque book that is issued by Bank Of India includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.

Passbook

Most of the banks, including Bank Of India branches in Mow-Bazidpur (Dist Samastipur) and Mow Bazidpur Dist Samastipur, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

You can visit the official website of Bank Of India and look for the branch locator section, then search for Mow Bazidpur or Mow-Bazidpur (Dist Samastipur) to get the exact IFSC Code BKID0004841.

Mobile Banking App

If you use Bank Of India's mobile app, you can check your account details to easily find your branch's IFSC code.

RBI Website

The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Bank Of India and Mow-Bazidpur (Dist Samastipur), then it will provide you proper information.

How to Use IFSC Code BKID0004841 for Online Transfers?

Once you have the IFSC Code BKID0004841 for the Mow Bazidpur branch of Bank Of India in Mow-Bazidpur (Dist Samastipur), you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0004841. Transfers are processed in batches. This is 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. Requires the recipient's account details and Bank Of India IFSC Code BKID0004841.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Bank Of India Mow Bazidpur in Mow-Bazidpur (Dist Samastipur) 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 Mow Bazidpur, 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 Mow-Bazidpur (Dist Samastipur) to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of India Mow Bazidpur Mow-Bazidpur (Dist Samastipur)?

The IFSC Code of the Mow Bazidpur Mow-Bazidpur (Dist Samastipur) branch is BKID0004841.

Is IFSC Code BKID0004841 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Bank Of India Mow Bazidpur branch?

The branch is located at Mow Bazarpost Vidyapatinagar Dist Samastipur.

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.