There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Bank Of India for its Radhanagar branch in Radhanagar (Dist. Supaul), Radhanagar Dist Supaul, Bihar, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of Bank Of India situated in Radhanagar (Dist. Supaul) or anywhere in Bihar can easily transfer funds instantly by using the correct IFSC Code BKID0004580. You should 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, Radhanagar, Radhanagar (Dist. Supaul)

Below in the table are the key details related to IFSC Code BKID0004580 of Bank Of India for its branch located in Radhanagar (Dist. Supaul), within the district of Radhanagar Dist Supaul in the state of Bihar.

Particulars Details
Bank Bank Of India
IFSC Code BKID0004580
Branch Radhanagar
City Radhanagar (Dist. Supaul)
District Radhanagar Dist Supaul
State Bihar
Address At P O Radhanagarvia Jairam Raghopur Dist Supaul

These details help users in online banking and for businesses and individuals who use Bank Of India in Radhanagar (Dist. Supaul) for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0004580 for the Radhanagar branch of Bank Of India has a very 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, including Bank Of India located in Radhanagar, Radhanagar (Dist. Supaul), Bihar, is provided with a unique IFSC like BKID0004580 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the Bank Of India branch in Radhanagar (Dist. Supaul).
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any errors or confusions between multiple branches of the same bank across different places like Radhanagar (Dist. Supaul) and Radhanagar Dist Supaul.
  • It reduces errors in fund transfers and improves accuracy.
  • It allows sender banks to validate and confirm branch details before processing payments.

There are thousands of branches across Bihar and the rest of India and the IFSC Code ensures that transactions meant for Bank Of India in Radhanagar do not get mixed with another location.

Format of the IFSC Code BKID0004580

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 Radhanagar in Radhanagar (Dist. Supaul).

For example, the IFSC Code BKID0004580 of Bank Of India for the Radhanagar branch includes these elements, identifying the bank and the branch location in Radhanagar (Dist. Supaul) and Bihar accurately.

How to Find IFSC Code for Bank Of India?

If you are trying to find the IFSC Code BKID0004580 of Bank Of India for its Radhanagar branch located in Radhanagar (Dist. Supaul), the following methods can help:

Cheque Book

The cheque book issued by Bank Of India includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.

Passbook

Most banks, including Bank Of India branches in Radhanagar (Dist. Supaul) and Radhanagar Dist Supaul, print the IFSC and MICR codes on the first page of your passbook.

Bank Website

Visit the official website of Bank Of India and navigate to the branch locator section. Search for Radhanagar or Radhanagar (Dist. Supaul) to get the exact IFSC Code BKID0004580.

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 keeps an updated list of all IFSC codes. If you search for Bank Of India and Radhanagar (Dist. Supaul), you'll get the correct details.

How to Use IFSC Code BKID0004580 for Online Transfers?

Once you have the IFSC Code BKID0004580 for the Radhanagar branch of Bank Of India in Radhanagar (Dist. Supaul), you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0004580. 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 BKID0004580.

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 Radhanagar in Radhanagar (Dist. Supaul), 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 Radhanagar, here are some ways that 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.

If you know both IFSC and MICR codes, then it can help account holders in Radhanagar (Dist. Supaul) manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of India Radhanagar Radhanagar (Dist. Supaul)?

The IFSC Code of the Radhanagar Radhanagar (Dist. Supaul) branch is BKID0004580.

Is IFSC Code BKID0004580 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 Radhanagar branch?

The branch is located at At P O Radhanagarvia Jairam Raghopur Dist Supaul.

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.