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 Ganpatganj branch in Supaul, Supaul, 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 Supaul or anywhere in Bihar can transfer funds instantly by using the correct IFSC Code BKID0005808. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Bank Of India, Ganpatganj, Supaul
Below in the table are the key details related to IFSC Code BKID0005808 of Bank Of India for its branch located in Supaul, within the district of Supaul in the state of Bihar.
| Particulars | Details |
|---|---|
| Bank | Bank Of India |
| IFSC Code | BKID0005808 |
| Branch | Ganpatganj |
| City | Supaul |
| District | Supaul |
| State | Bihar |
| Address | Main Market At Po Ganpatganj Ps Raghopurdist Supaulstate Biharpin 842109 |
These details help users in online banking and for businesses and individuals who use Bank Of India in Supaul for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0005808 for the Ganpatganj 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 provided by the Reserve Bank of India. Every bank branch, along with Bank Of India located in Ganpatganj, Supaul, Bihar, are given a unique IFSC like BKID0005808 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Supaul.
- 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 Supaul and Supaul.
- 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 Ganpatganj 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 BKID0005808
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 Ganpatganj in Supaul.
For example, the IFSC Code BKID0005808 of Bank Of India for the Ganpatganj branch includes these elements, identifying the bank and the branch location in Supaul and Bihar accurately.
How to Find IFSC Code for Bank Of India?
If you are looking for the IFSC Code BKID0005808 of Bank Of India for its Ganpatganj branch located in Supaul, the following methods can help:
Cheque Book
The cheque book that is issued by Bank Of India includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including Bank Of India branches in Supaul and Supaul, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of Bank Of India and look for the branch locator section, then search for Ganpatganj or Supaul to get the exact IFSC Code BKID0005808.
Mobile Banking App
If you use Bank Of India's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Bank Of India and Supaul, then it will provide you proper information.
How to Use IFSC Code BKID0005808 for Online Transfers?
Once you have the IFSC Code BKID0005808 for the Ganpatganj branch of Bank Of India in Supaul, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code BKID0005808. 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 BKID0005808.
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 Ganpatganj in Supaul, your payment can get delayed or might not go through at all.
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 Ganpatganj, 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 Supaul manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Ganpatganj Supaul branch is BKID0005808.
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 Main Market At Po Ganpatganj Ps Raghopurdist Supaulstate Biharpin 842109.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.