Systematic errors in regional climate models (RCMs) hinder their implementation and lead to uncertainties in regional hydrological climate change studies. As a result, checking the accuracy of climate model simulations and applying bias correction are preliminary methods for achieving consistent findings. Therefore, identifying suitable RCM models for bias correction is important for providing reliable inputs for evaluating climate change impacts. The impacts of bias correction methods on streamflow were assessed on the Katar catchment within the Lake Ziway subbasin using coordinated regional climate downscaling experiments with a spatial resolution of 50 km (CORDEX-44) RCMs through the Integrated Hydrological Modelling System (IHMS) version 6.3. This study evaluated fourteen RCM models under five precipitation and three temperature bias correction methods for the Katar catchment. Statistical approaches, such as bias (PBIAS), the root mean square error (RMSE), the mean absolute error (MAE), the coefficient of variation (CV), the coefficient of determination (R2), and the relative volume error (RVE), are used for performance analysis. GERICS-MPI, RAC4-NOAA-2G, and CCLM4-NCCR-AFR-22 have better performances for both rainfall and temprature. The empirical cumulative distribution function (ECDF) method performed best in removing bias from the frequency-based statistics of rainfall and streamflow, followed by the power transformation (PT), distribution mapping (DM), local intensity scaling (LOCI), and linear scaling (LS) methods. Specifically, for temperature, the VARI and DM methods perform better in frequency-based statistics than the LS method. The performance of hydrological modeling is strongly affected by the selection of rainfall bias correction methods. In addition, the effect of the temperature bias correction method was not significant. The adequacy of the BCM depends on the RCM models and regional context. Therefore, the BCM implementation procedure can be adapted from region to region. This study revealed that the performance of the RCM models differed and that the errors in the RCM model outputs were reduced by the use of bias correction methods.