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Bank of India

RASULPUR BRANCH

+917488272816

IFSC CODE
BKID0004674
MICR Code 841013507
Branch Code 004674
City / District SARAN BIHAR
State BIHAR
Office Address AT PO RASULPUR VIA CHAINWACHAINPUR ROAD DIST SARAN
Phone +917488272816
📍 View Branch on Google Maps

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Understanding IFSC Code: The Digital DNA of Bank of India

When performing any digital transaction in India, the Indian Financial System Code (IFSC) acts as a critical identifier. For the RASULPUR branch of Bank of India, the code BKID0004674 ensures that your funds are routed through the Reserve Bank of India's (RBI) structured network without manual errors. In an era of instant payments, having the correct IFSC is as important as the account number itself.

Anatomy of the BKID0004674 Code

An IFSC is an 11-character alphanumeric code. Let's break down the logic behind the code for this specific branch:

First 4

Bank Identity

"BKID" represents Bank of India

5th Digit

Control Character

Always '0' (Reserved for future use)

Last 6

Branch Locator

Unique code for RASULPUR

Payment Systems Supported by BKID0004674

System Transfer Limit Processing Time
NEFT No Minimum (Up to ₹50 Lakhs+) Half-hourly batches (24x7)
RTGS Minimum ₹2 Lakhs Real-time settlement
IMPS Up to ₹5 Lakhs Instant (Mobile/P2P)

Why do you need the MICR Code?

While IFSC is for digital transfers, the Magnetic Ink Character Recognition (MICR) code—841013507—is primarily used for the processing and clearance of physical cheques. This 9-digit code helps in identifying the bank and branch during the Cheque Truncation System (CTS) cycle, making clearing faster and error-free.

Bank Holidays & Availability

The Bank of India in SARAN BIHAR typically follows the RBI holiday calendar. Digital transfers via BKID0004674 for NEFT/RTGS are now available 365 days a year, regardless of physical branch timings or Sunday closures.

Security Warning & Verification

Always verify the branch details before making a large payment. While BKID0004674 is the valid code for RASULPUR at SARAN BIHAR, ensure the beneficiary name matches perfectly in your mobile banking app.

RBI Verified NEFT Enabled RTGS 24x7

Bank Search Indexing & Metadata

Related Searches

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Branch Context

  • • RASULPUR Contact
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Platform Links

  • • Anand Design DevBox
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