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 Jhajhihat branch in Sitamarhi, Sitamarhi, 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 Sitamarhi or anywhere in Bihar can transfer funds instantly by using the correct IFSC Code BKID0005752. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Bank Of India, Jhajhihat, Sitamarhi
Here are the key points that are associated with the IFSC Code BKID0005752 of Bank Of India for its branch located in Sitamarhi, within the district of Sitamarhi in the state of Bihar.
| Particulars | Details |
|---|---|
| Bank | Bank Of India |
| IFSC Code | BKID0005752 |
| Branch | Jhajhihat |
| City | Sitamarhi |
| District | Sitamarhi |
| State | Bihar |
| Address | Jhajhihat Branch At And Po Jhajhihat Dist Sitamarhi State Bihar Pin 843320 |
These details help users in online banking and for businesses and individuals who use Bank Of India in Sitamarhi for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0005752 for the Jhajhihat 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 that is provided by the Reserve Bank of India. A unique IFSC like BKID0005752 is given to every bank branch, including Bank Of India located in Jhajhihat, Sitamarhi, Bihar, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Bank Of India branch in Sitamarhi.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any kind of confusion between multiple branches of the same bank across different places like Sitamarhi and Sitamarhi.
- It removes errors in fund transfers and improves accuracy.
- It lets the sender banks validate and confirm branch details before they process the payments.
There are thousands of branches across Bihar and the rest of India, which is why the IFSC Code ensures that transactions meant for Bank Of India in Jhajhihat doesn't end up at another location.
Format of the IFSC Code BKID0005752
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 Jhajhihat in Sitamarhi.
For example, the IFSC Code BKID0005752 of Bank Of India for the Jhajhihat branch includes these elements, identifying the bank and the branch location in Sitamarhi and Bihar correctly.
How to Find IFSC Code for Bank Of India?
To find the IFSC Code BKID0005752 of Bank Of India for its Jhajhihat branch located in Sitamarhi, the following methods can help you out:
Cheque Book
The cheque book issued by Bank Of India includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Bank Of India branches in Sitamarhi and Sitamarhi, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Bank Of India and go to the branch locator section. Then search for Jhajhihat or Sitamarhi to find the exact IFSC Code BKID0005752.
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 maintains an updated database of all IFSC codes. Searching for Bank Of India and Sitamarhi will provide accurate information.
How to Use IFSC Code BKID0005752 for Online Transfers?
Once you have the IFSC Code BKID0005752 for the Jhajhihat branch of Bank Of India in Sitamarhi, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code BKID0005752. 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 BKID0005752.
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 Jhajhihat in Sitamarhi 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 Jhajhihat, 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 Sitamarhi manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is BKID0005752.
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 Jhajhihat Branch At And Po Jhajhihat Dist Sitamarhi State Bihar Pin 843320 located in Sitamarhi, Sitamarhi, Bihar.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.