In this paper we consider the initial boundary value problem (IBVP) for the nonlinear biharmonic Schrodinger equation posed on a bounded interval (0, L) with non-homogeneous Navier or Dirichlet boundary conditions, respectively. For Navier boundary IBVP, we set up its local well-posedness if the initial data lies in H-s(0, L) with s >= 0 and s not equal n + 1/2, n is an element of N , and the boundary data are selected from the appropriate spaces with optimal regularities, i.e., the j-th order data are chosen in H-loc((s+3-j)/4) (R+), for j = 0, 2. For Dirichlet boundary IBVP the corresponding local well-posedness is obtained when s > 10/7 and s not equal n + 1/2, n is an element of N , and the boundary data are selected from the appropriate spaces with optimal regularities, i.e., the j-th order data are chosen in H-loc((s+3-j)/4) (R+), for j = 0, 1.