IFSC Code of Bank Of India, Sowan, Sowan Dist Bauxar, Bihar- BKID0004609

There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Bank Of India for its Sowan branch in Sowan (Dist. Bauxar), Sowan Dist Bauxar, Bihar, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of Bank Of India situated in Sowan (Dist. Bauxar) or anywhere in Bihar can easily transfer funds instantly by using the correct IFSC Code BKID0004609. You should 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, Sowan, Sowan (Dist. Bauxar)

Here are the key points that are associated with the IFSC Code BKID0004609 of Bank Of India for its branch located in Sowan (Dist. Bauxar), within the district of Sowan Dist Bauxar in the state of Bihar.

These details help users in online banking and for businesses and individuals who use Bank Of India in Sowan (Dist. Bauxar) for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0004609 for the Sowan 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Bank Of India located in Sowan, Sowan (Dist. Bauxar), Bihar, is provided a unique IFSC like BKID0004609 so that their online payments reach the right place.

The IFSC Code is important because:

• It uniquely recognizes the Bank Of India branch in Sowan (Dist. Bauxar).
• 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 Sowan (Dist. Bauxar) and Sowan Dist Bauxar.
• 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 Sowan do not get misguided to another person.

Format of the IFSC Code BKID0004609

The format of the IFSC Code for banks, including Bank Of India, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown of this:

• First 4 characters (AAAA): Represent the bank code. For Bank Of India, these characters are the bank's short identifier.
• 5th character (0): Always zero which is reserved for future use.
• Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Sowan in Sowan (Dist. Bauxar).

For example, the IFSC Code BKID0004609 of Bank Of India for the Sowan branch includes these elements, identifying the bank and the branch location in Sowan (Dist. Bauxar) and Bihar accurately.

How to Find IFSC Code for Bank Of India?

To find the IFSC Code BKID0004609 of Bank Of India for its Sowan branch located in Sowan (Dist. Bauxar), 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 Sowan (Dist. Bauxar) and Sowan Dist Bauxar, 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 Sowan or Sowan (Dist. Bauxar) to find the exact IFSC Code BKID0004609.

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 Sowan (Dist. Bauxar) will provide accurate information.

How to Use IFSC Code BKID0004609 for Online Transfers?

If you have the IFSC Code BKID0004609 for the Sowan branch of Bank Of India in Sowan (Dist. Bauxar), you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0004609. 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 BKID0004609.

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 Sowan in Sowan (Dist. Bauxar), 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 Sowan, 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 Sowan (Dist. Bauxar) to handle online money transfers and get their cheques cleared smoothly.