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 Deohara branch in Anuppur, Anuppur, 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 Anuppur or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code BKID0MG1509. 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, Deohara, Anuppur

Here are the main details that are associated with the IFSC Code BKID0MG1509 of Bank Of India for its branch located in Anuppur, within the district of Anuppur in the state of Madhya Pradesh.

Particulars Details
Bank Bank Of India
IFSC Code BKID0MG1509
Branch Deohara
City Anuppur
District Anuppur
State Madhya Pradesh
Address Postsanjay Koyla Nagar, Block Anooppur 484120

These details are crucial, not just for online banking users but also for businesses and individuals who use Bank Of India in Anuppur for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0MG1509 for the Deohara branch of Bank Of India has 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, including Bank Of India located in Deohara, Anuppur, Madhya Pradesh, is provided with a unique IFSC like BKID0MG1509 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the Bank Of India branch in Anuppur.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any errors or confusions between multiple branches of the same bank across different places like Anuppur and Anuppur.
  • It reduces errors in fund transfers and improves accuracy.
  • It allows sender banks to validate and confirm branch details before processing payments.

There are thousands of branches across Madhya Pradesh and the rest of India and the IFSC Code ensures that transactions meant for Bank Of India in Deohara do not get mixed with another location.

Format of the IFSC Code BKID0MG1509

The format of the IFSC Code for banks, including Bank Of India, has 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 Deohara in Anuppur.

For example, the IFSC Code BKID0MG1509 of Bank Of India for the Deohara branch includes these elements, identifying the bank and the branch location in Anuppur and Madhya Pradesh correctly.

How to Find IFSC Code for Bank Of India?

If you are trying to find the IFSC Code BKID0MG1509 of Bank Of India for its Deohara branch located in Anuppur, 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 Anuppur and Anuppur, 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 Deohara or Anuppur to get the exact IFSC Code BKID0MG1509.

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 Anuppur, you'll get the correct details.

How to Use IFSC Code BKID0MG1509 for Online Transfers?

Once you have the IFSC Code BKID0MG1509 for the Deohara branch of Bank Of India in Anuppur, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0MG1509. Transfers are processed in batches. This is 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. Requires the recipient's account details and Bank Of India IFSC Code BKID0MG1509.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Bank Of India Deohara in Anuppur may result in delayed or failed transactions.

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 Deohara, 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 Anuppur to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of India in Deohara, Anuppur?

The IFSC Code is BKID0MG1509.

Is the IFSC Code BKID0MG1509 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and IFSC is for online transfers.

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

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Deohara branch?

The address of the branch is Postsanjay Koyla Nagar, Block Anooppur 484120 located in Anuppur, Anuppur, 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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