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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Bank Of India for its Marhaura branch in Saran (Bihar), Saran Bihar, Bihar, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of Bank Of India located in Saran (Bihar) or anywhere in Bihar can transfer funds instantly by using the correct IFSC Code BKID0004688. 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, Marhaura, Saran (Bihar)
Below in the table are the key details related to IFSC Code BKID0004688 of Bank Of India for its branch located in Saran (Bihar), within the district of Saran Bihar in the state of Bihar.
| Particulars | Details |
|---|---|
| Bank | Bank Of India |
| IFSC Code | BKID0004688 |
| Branch | Marhaura |
| City | Saran (Bihar) |
| District | Saran Bihar |
| State | Bihar |
| Address | Station Roadat Post Marhaura Dist Saran |
These details are crucial, not just for online banking users but also for businesses and individuals who use Bank Of India in Saran (Bihar) for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0004688 for the Marhaura branch of Bank Of India has 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 Marhaura, Saran (Bihar), Bihar, is provided a unique IFSC like BKID0004688 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Bank Of India branch in Saran (Bihar).
- 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 Saran (Bihar) and Saran Bihar.
- 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 Marhaura do not get misguided to another person.
Format of the IFSC Code BKID0004688
The format of the IFSC Code for banks, including Bank Of India, has an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): Show the bank code. For Bank Of India, these letters represent the bank's short name.
- 5th character: Is always zero and is kept for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Marhaura in Saran (Bihar).
For example, the IFSC Code BKID0004688 of Bank Of India for the Marhaura branch includes these elements, identifying the bank and the branch location in Saran (Bihar) and Bihar correctly.
How to Find IFSC Code for Bank Of India?
If you are trying to find the IFSC Code BKID0004688 of Bank Of India for its Marhaura branch located in Saran (Bihar), 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 Saran (Bihar) and Saran Bihar, 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 Marhaura or Saran (Bihar) to get the exact IFSC Code BKID0004688.
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 Saran (Bihar), you'll get the correct details.
How to Use IFSC Code BKID0004688 for Online Transfers?
Once you have the IFSC Code BKID0004688 for the Marhaura branch of Bank Of India in Saran (Bihar), you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code BKID0004688. 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 BKID0004688.
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 Marhaura in Saran (Bihar) may 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 Marhaura, 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 Saran (Bihar) manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Marhaura Saran (Bihar) branch is BKID0004688.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Station Roadat Post Marhaura Dist Saran.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.