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 Parsauni branch in Parsauni (Bh), Parsauni Bh, or Bihar, 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 Parsauni (Bh) or anywhere in Bihar can transfer funds instantly by using the correct IFSC Code BKID0004676. 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, Parsauni, Parsauni (Bh)

Below in the table are the key details related to IFSC Code BKID0004676 of Bank Of India for its branch located in Parsauni (Bh), within the district of Parsauni Bh in the state of Bihar.

Particulars Details
Bank Bank Of India
IFSC Code BKID0004676
Branch Parsauni
City Parsauni (Bh)
District Parsauni Bh
State Bihar
Address Sharma Market Atpops Rajaparsauni Distt Sitamarhi

These details helps users in online banking and for businesses and individuals who use Bank Of India in Parsauni (Bh) for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0004676 for the Parsauni 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, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with Bank Of India located in Parsauni, Parsauni (Bh), Bihar, are allotted a unique IFSC like BKID0004676 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Parsauni (Bh).
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Parsauni (Bh) and Parsauni Bh.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It makes sure that money sent to Bank Of India in Parsauni reaches the right place, even though there are thousands of branches in Bihar and across India.

Format of the IFSC Code BKID0004676

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 Parsauni in Parsauni (Bh).

For example, the IFSC Code BKID0004676 of Bank Of India for the Parsauni branch includes these elements, identifying the bank and the branch location in Parsauni (Bh) and Bihar accurately.

How to Find IFSC Code for Bank Of India?

If you are trying to find the IFSC Code BKID0004676 of Bank Of India for its Parsauni branch located in Parsauni (Bh), 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 Parsauni (Bh) and Parsauni Bh, 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 Parsauni or Parsauni (Bh) to get the exact IFSC Code BKID0004676.

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 Parsauni (Bh) that will provide accurate information.

How to Use IFSC Code BKID0004676 for Online Transfers?

Once you have the IFSC Code BKID0004676 for the Parsauni branch of Bank Of India in Parsauni (Bh), you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code BKID0004676. 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 BKID0004676.

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 Parsauni in Parsauni (Bh), your payment can get delayed or might not go through at all.

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Bank Of India in Parsauni, here are some of the ways 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.

Knowing both IFSC and MICR code can help account holders in Parsauni (Bh) manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of India in Parsauni, Parsauni (Bh)?

The IFSC Code is BKID0004676.

Is the IFSC Code BKID0004676 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

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

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Parsauni branch?

The address of the branch is Sharma Market Atpops Rajaparsauni Distt Sitamarhi located in Parsauni (Bh), Parsauni Bh, Bihar.

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.