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 Sonbarsa Raj branch in Sonbarsa Raj (Dist. Saharsa), Sonbarsa Raj Dist Saharsa, 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 Sonbarsa Raj (Dist. Saharsa) or anywhere in Bihar can transfer funds instantly by using the correct IFSC Code BKID0004586. 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, Sonbarsa Raj, Sonbarsa Raj (Dist. Saharsa)

Below in the table are the key details related to IFSC Code BKID0004586 of Bank Of India for its branch located in Sonbarsa Raj (Dist. Saharsa), within the district of Sonbarsa Raj Dist Saharsa in the state of Bihar.

Particulars Details
Bank Bank Of India
IFSC Code BKID0004586
Branch Sonbarsa Raj
City Sonbarsa Raj (Dist. Saharsa)
District Sonbarsa Raj Dist Saharsa
State Bihar
Address Main Bazarsonbarsa Raj Dist Saharsa

These details helps users in online banking and for businesses and individuals who use Bank Of India in Sonbarsa Raj (Dist. Saharsa) for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0004586 for the Sonbarsa Raj 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, along with Bank Of India located in Sonbarsa Raj, Sonbarsa Raj (Dist. Saharsa), Bihar, are given a unique IFSC like BKID0004586 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Sonbarsa Raj (Dist. Saharsa).
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents any kind of confusion between different branches of the same bank in places like Sonbarsa Raj (Dist. Saharsa) and Sonbarsa Raj Dist Saharsa.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It helps ensure that any money sent to Bank Of India in Sonbarsa Raj goes to the correct branch. This is important because Bank Of India has thousands of branches in Bihar and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code BKID0004586

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 Sonbarsa Raj in Sonbarsa Raj (Dist. Saharsa).

For example, the IFSC Code BKID0004586 of Bank Of India for the Sonbarsa Raj branch includes these elements, identifying the bank and the branch location in Sonbarsa Raj (Dist. Saharsa) and Bihar correctly.

How to Find IFSC Code for Bank Of India?

If you are trying to find the IFSC Code BKID0004586 of Bank Of India for its Sonbarsa Raj branch located in Sonbarsa Raj (Dist. Saharsa), the following methods can help:

Cheque Book

The cheque books that are issued by Bank Of India include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

Most banks, including Bank Of India branches in Sonbarsa Raj (Dist. Saharsa) and Sonbarsa Raj Dist Saharsa, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Bank Of India and find the branch locator section. Search for Sonbarsa Raj or Sonbarsa Raj (Dist. Saharsa) to get the exact IFSC Code BKID0004586.

Mobile Banking App

If you use Bank Of India's mobile app, you can easily 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 to help you in searching for Bank Of India and Sonbarsa Raj (Dist. Saharsa) that will provide accurate information.

How to Use IFSC Code BKID0004586 for Online Transfers?

Once you have the IFSC Code BKID0004586 for the Sonbarsa Raj branch of Bank Of India in Sonbarsa Raj (Dist. Saharsa), you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code BKID0004586. The transfer is completed in batches. It is useful for both personal and business payments.

RTGS

Used for payments over ₹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 BKID0004586.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Bank Of India Sonbarsa Raj in Sonbarsa Raj (Dist. Saharsa), your payment can get delayed or might not go through at all.

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 Sonbarsa Raj, here are some ways to obtain 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.

Having both the IFSC and MICR codes makes it easy for account holders in Sonbarsa Raj (Dist. Saharsa) to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of India in Sonbarsa Raj, Sonbarsa Raj (Dist. Saharsa)?

The IFSC Code is BKID0004586.

Is the IFSC Code BKID0004586 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

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

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

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Sonbarsa Raj branch?

The address of the branch is Main Bazarsonbarsa Raj Dist Saharsa located in Sonbarsa Raj (Dist. Saharsa), Sonbarsa Raj Dist Saharsa, Bihar.

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.