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 Alirajpur branch in Alirajpur (Mp), Alirajpur Mp, 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 Alirajpur (Mp) or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code BKID0008843. 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, Alirajpur, Alirajpur (Mp)

Here are the key points that are associated with the IFSC Code BKID0008843 of Bank Of India for its branch located in Alirajpur (Mp), within the district of Alirajpur Mp in the state of Madhya Pradesh.

Particulars Details
Bank Bank Of India
IFSC Code BKID0008843
Branch Alirajpur
City Alirajpur (Mp)
District Alirajpur Mp
State Madhya Pradesh
Address Ondwa House 60 Ranchhod Rai Margalirajpur Dist Alirajpur

These details help users in online banking and for businesses and individuals who use Bank Of India in Alirajpur (Mp) for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0008843 for the Alirajpur branch of Bank Of India has a very important role.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Bank Of India located in Alirajpur, Alirajpur (Mp), Madhya Pradesh, is provided a unique IFSC like BKID0008843 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Bank Of India branch in Alirajpur (Mp).
  • Helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any confusions between multiple branches of the same bank across different places like Alirajpur (Mp) and Alirajpur Mp.
  • It reduces most of the errors in fund transfers and makes sure its accuracy.
  • It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Madhya Pradesh and the rest of India, the IFSC Code ensures that transactions meant for Bank Of India in Alirajpur do not get misguided to another person.

Format of the IFSC Code BKID0008843

This is the format of the IFSC Code for banks, including Bank Of India, follows an 11-character structure:

AAAA0CCCCCC

Here's the explanation:

  • First 4 characters (AAAA): This is the bank code. For Bank Of India, these characters are the bank's short identifier.
  • 5th character (0): This stays zero till there is any future use.
  • Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Alirajpur in Alirajpur (Mp).

For example, the IFSC Code BKID0008843 of Bank Of India for the Alirajpur branch includes these elements, identifying the bank and the branch location in Alirajpur (Mp) and Madhya Pradesh accurately.

How to Find IFSC Code for Bank Of India?

If you are trying to find the IFSC Code BKID0008843 of Bank Of India for its Alirajpur branch located in Alirajpur (Mp), the following methods can help:

Cheque Book

The cheque books that are issued by Bank Of India include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

Most banks, including Bank Of India branches in Alirajpur (Mp) and Alirajpur Mp, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Bank Of India and find the branch locator section. Search for Alirajpur or Alirajpur (Mp) to get the exact IFSC Code BKID0008843.

Mobile Banking App

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

RBI Website

The Reserve Bank of India maintains an updated database of all IFSC codes to help you in searching for Bank Of India and Alirajpur (Mp) that will provide accurate information.

How to Use IFSC Code BKID0008843 for Online Transfers?

Once you have the IFSC Code BKID0008843 for the Alirajpur branch of Bank Of India in Alirajpur (Mp), you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code BKID0008843. The transfer is completed in batches instead of instantly. It is useful for both 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. Requires the recipient's account details and Bank Of India IFSC Code BKID0008843.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Bank Of India Alirajpur in Alirajpur (Mp), your payment can get delayed or might not go through at all.

Finding the MICR Code

MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of Bank Of India in Alirajpur, here are some ways to obtain it:

  • Check the bottom of your cheque leaf.
  • Refer to the first page of your passbook.
  • Visit the official Bank Of India website.
  • Search the RBI portal.

Having both the IFSC and MICR codes makes it easy for account holders in Alirajpur (Mp) to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of India Alirajpur Alirajpur (Mp)?

The IFSC Code of the Alirajpur Alirajpur (Mp) branch is BKID0008843.

Is IFSC Code BKID0008843 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Bank Of India Alirajpur branch?

The branch is located at Ondwa House 60 Ranchhod Rai Margalirajpur Dist Alirajpur.

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.