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Bank of India

ROSERA BRANCH

+919523599417

IFSC CODE
BKID0004974
MICR Code 848013505
Branch Code 004974
City / District ROSERA DISTT SAMASTIPUR
State BIHAR
Office Address AT POST ROSERADISTT SAMASTIPUR BIHAR
Phone +919523599417
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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 ROSERA branch of Bank of India, the code BKID0004974 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 BKID0004974 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 ROSERA

Payment Systems Supported by BKID0004974

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—848013505—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 ROSERA DISTT SAMASTIPUR typically follows the RBI holiday calendar. Digital transfers via BKID0004974 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 BKID0004974 is the valid code for ROSERA at ROSERA DISTT SAMASTIPUR, 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

  • • ROSERA Contact
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Platform Links

  • • Anand Design DevBox
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