The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Bank Of India for its Sakra branch in Sakra (Dist. Muzaffarpur), Sakra Dist Muzaffarpur, Bihar, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of Bank Of India located in Sakra (Dist. Muzaffarpur) or anywhere in Bihar can transfer funds instantly by using the correct IFSC Code BKID0004653. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Bank Of India, Sakra, Sakra (Dist. Muzaffarpur)
Here are the main details that are associated with the IFSC Code BKID0004653 of Bank Of India for its branch located in Sakra (Dist. Muzaffarpur), within the district of Sakra Dist Muzaffarpur in the state of Bihar.
| Particulars | Details |
|---|---|
| Bank | Bank Of India |
| IFSC Code | BKID0004653 |
| Branch | Sakra |
| City | Sakra (Dist. Muzaffarpur) |
| District | Sakra Dist Muzaffarpur |
| State | Bihar |
| Address | Devki Bhavan First Floorsakra Bazar Po Dholi Dist Muzaffarpur |
These details helps users in online banking and for businesses and individuals who use Bank Of India in Sakra (Dist. Muzaffarpur) for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0004653 for the Sakra 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, including Bank Of India located in Sakra, Sakra (Dist. Muzaffarpur), Bihar, is provided with a unique IFSC like BKID0004653 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Bank Of India branch in Sakra (Dist. Muzaffarpur).
- 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 Sakra (Dist. Muzaffarpur) and Sakra Dist Muzaffarpur.
- 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 Sakra do not get mixed with another location.
Format of the IFSC Code BKID0004653
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 Sakra in Sakra (Dist. Muzaffarpur).
For example, the IFSC Code BKID0004653 of Bank Of India for the Sakra branch has these elements, identifying the bank and the branch location in Sakra (Dist. Muzaffarpur) and Bihar correctly.
How to Find IFSC Code for Bank Of India?
If you are looking for the IFSC Code BKID0004653 of Bank Of India for its Sakra branch located in Sakra (Dist. Muzaffarpur), 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 Sakra (Dist. Muzaffarpur) and Sakra Dist Muzaffarpur, 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 Sakra or Sakra (Dist. Muzaffarpur) to get the exact IFSC Code BKID0004653.
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 Sakra (Dist. Muzaffarpur), then it will provide you proper information.
How to Use IFSC Code BKID0004653 for Online Transfers?
Once you have the IFSC Code BKID0004653 for the Sakra branch of Bank Of India in Sakra (Dist. Muzaffarpur), you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code BKID0004653. 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 BKID0004653.
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 Sakra in Sakra (Dist. Muzaffarpur), it can result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Bank Of India in Sakra, you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go to the first page of your passbook.
- Visit the official Bank Of India website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Sakra (Dist. Muzaffarpur) manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is BKID0004653.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Devki Bhavan First Floorsakra Bazar Po Dholi Dist Muzaffarpur located in Sakra (Dist. Muzaffarpur), Sakra Dist Muzaffarpur, Bihar.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.