IFSC Code of Bank Of India, Rafiganj, Rafiganj Dist Begusarai, Bihar — BKID0004590

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 Rafiganj branch in Rafiganj (Dist. Begusarai), Rafiganj Dist Begusarai, 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 Rafiganj (Dist. Begusarai) or anywhere in Bihar can transfer funds instantly by using the correct IFSC Code BKID0004590. 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, Rafiganj, Rafiganj (Dist. Begusarai)

Here are the key points that are associated with the IFSC Code BKID0004590 of Bank Of India for its branch located in Rafiganj (Dist. Begusarai), within the district of Rafiganj Dist Begusarai in the state of Bihar.

These details help users in online banking and for businesses and individuals who use Bank Of India in Rafiganj (Dist. Begusarai) for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0004590 for the Rafiganj 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 Rafiganj, Rafiganj (Dist. Begusarai), Bihar, is provided with a unique IFSC like BKID0004590 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It uniquely identifies the Bank Of India branch in Rafiganj (Dist. Begusarai).
• 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 Rafiganj (Dist. Begusarai) and Rafiganj Dist Begusarai.
• 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 Rafiganj do not get mixed with another location.

Format of the IFSC Code BKID0004590

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 Rafiganj in Rafiganj (Dist. Begusarai).

For example, the IFSC Code BKID0004590 of Bank Of India for the Rafiganj branch includes these elements, identifying the bank and the branch location in Rafiganj (Dist. Begusarai) and Bihar accurately.

How to Find IFSC Code for Bank Of India?

If you are looking for the IFSC Code BKID0004590 of Bank Of India for its Rafiganj branch located in Rafiganj (Dist. Begusarai), 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 Rafiganj (Dist. Begusarai) and Rafiganj Dist Begusarai, 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 Rafiganj or Rafiganj (Dist. Begusarai) to get the exact IFSC Code BKID0004590.

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 Rafiganj (Dist. Begusarai), then it will provide you proper information.

How to Use IFSC Code BKID0004590 for Online Transfers?

Once you have the IFSC Code BKID0004590 for the Rafiganj branch of Bank Of India in Rafiganj (Dist. Begusarai), you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0004590. 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 BKID0004590.

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 Rafiganj in Rafiganj (Dist. Begusarai) 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 Rafiganj, 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 Rafiganj (Dist. Begusarai) manage online transfers as well as cheque clearances with ease.