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 Nawabganj branch in Shravasti, Bhinga, Uttar Pradesh, 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 Shravasti or anywhere in Uttar Pradesh can transfer funds instantly by using the correct IFSC Code BKID0AG1819. 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, Nawabganj, Shravasti

Here are some of the key details that come with the IFSC Code BKID0AG1819 of Bank Of India for its branch located in Shravasti, within the district of Bhinga in the state of Uttar Pradesh.

Particulars Details
Bank Bank Of India
IFSC Code BKID0AG1819
Branch Nawabganj
City Shravasti
District Bhinga
State Uttar Pradesh
Address Vill Nawabganj Blocknawabganj Ponawabganj Tahsilnanpara Pin271865

These details are important not only for users using online banking but also for businesses and individuals who use Bank Of India in Shravasti for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code BKID0AG1819 for the Nawabganj branch of Bank Of India is vital.

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 Nawabganj, Shravasti, Uttar Pradesh, is provided a unique IFSC like BKID0AG1819 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Bank Of India branch in Shravasti.
  • 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 Shravasti and Bhinga.
  • 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 Uttar Pradesh and the rest of India, the IFSC Code ensures that transactions meant for Bank Of India in Nawabganj do not get misguided to another person.

Format of the IFSC Code BKID0AG1819

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): 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 Nawabganj in Shravasti.

For example, the IFSC Code BKID0AG1819 of Bank Of India for the Nawabganj branch includes these elements, identifying the bank and the branch location in Shravasti and Uttar Pradesh accurately.

How to Find IFSC Code for Bank Of India?

If you are trying to find the IFSC Code BKID0AG1819 of Bank Of India for its Nawabganj branch located in Shravasti, 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 Shravasti and Bhinga, 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 Nawabganj or Shravasti to get the exact IFSC Code BKID0AG1819.

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 Shravasti, you'll get the correct details.

How to Use IFSC Code BKID0AG1819 for Online Transfers?

If you have the IFSC Code BKID0AG1819 for the Nawabganj branch of Bank Of India in Shravasti, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0AG1819. Transfers are processed in batches. 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. Asks for the recipient's account details and Bank Of India IFSC Code BKID0AG1819.

Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Bank Of India Nawabganj in Shravasti, it 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 Nawabganj, 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 Shravasti manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of India in Nawabganj, Shravasti?

The IFSC Code is BKID0AG1819.

Is the IFSC Code BKID0AG1819 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and the IFSC is for online transfers.

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

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

What is the full address of the Nawabganj branch?

The address of the branch is Vill Nawabganj Blocknawabganj Ponawabganj Tahsilnanpara Pin271865 located in Shravasti, Bhinga, Uttar Pradesh.

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.

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