Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Bank Of India for its Tanodiya branch in Agar Malwa, Agar Malwa, Madhya Pradesh, then this guide will give you detailed information.

The banking system has evolved significantly in India, and today the customers of Bank Of India located in Agar Malwa or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code BKID0MG0174. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.

Details of IFSC Code for Bank Of India, Tanodiya, Agar Malwa

Below in the table are the key details related to IFSC Code BKID0MG0174 of Bank Of India for its branch located in Agar Malwa, within the district of Agar Malwa in the state of Madhya Pradesh.

Particulars Details
Bank Bank Of India
IFSC Code BKID0MG0174
Branch Tanodiya
City Agar Malwa
District Agar Malwa
State Madhya Pradesh
Address Ujjain Agar Road

These details are essential not only for online banking users but also for businesses and individuals who use Bank Of India in Agar Malwa for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0MG0174 for the Tanodiya branch of Bank Of India plays an 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 Tanodiya, Agar Malwa, Madhya Pradesh, are allotted a unique IFSC like BKID0MG0174 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Agar Malwa.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Agar Malwa and Agar Malwa.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It makes sure that money sent to Bank Of India in Tanodiya reaches the right place, even though there are thousands of branches in Madhya Pradesh and across India.

Format of the IFSC Code BKID0MG0174

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 Tanodiya in Agar Malwa.

For example, the IFSC Code BKID0MG0174 of Bank Of India for the Tanodiya branch includes these elements, identifying the bank and the branch location in Agar Malwa and Madhya Pradesh accurately.

How to Find IFSC Code for Bank Of India?

If you are trying to find the IFSC Code BKID0MG0174 of Bank Of India for its Tanodiya branch located in Agar Malwa, the following methods can help:

Cheque Book

The cheque book issued by Bank Of India includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.

Passbook

You can easily find the IFSC and MICR codes because most banks, including Bank Of India branches in Agar Malwa and Agar Malwa, print them on the first page of your passbook.

Bank Website

Visit the official website of Bank Of India and navigate to the branch locator section. Search for Tanodiya or Agar Malwa to get the exact IFSC Code BKID0MG0174.

Mobile Banking App

If you use Bank Of India's mobile app, you can check your account details to find your branch's IFSC code.

RBI Website

The Reserve Bank of India keeps an updated list of all IFSC codes. If you search for Bank Of India and Agar Malwa, you'll get the correct details.

How to Use IFSC Code BKID0MG0174 for Online Transfers?

If you have the IFSC Code BKID0MG0174 for the Tanodiya branch of Bank Of India in Agar Malwa, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0MG0174. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

Used for high-value payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. Asks for the recipient's account details and Bank Of India IFSC Code BKID0MG0174.

Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Bank Of India Tanodiya in Agar Malwa, it may result in delayed or failed transactions.

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 Tanodiya, 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 Agar Malwa manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of India in Tanodiya, Agar Malwa?

The IFSC Code is BKID0MG0174.

Is the IFSC Code BKID0MG0174 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Bank Of India Tanodiya?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Tanodiya branch?

The address of the branch is Ujjain Agar Road located in Agar Malwa, Agar Malwa, Madhya Pradesh.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.

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