IFSC Code of Bank Of India, Babai, Babai Distt Hoshangabad Mp, Madhya Pradesh- BKID0009057

There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Bank Of India for its Babai branch in Babai (Distt Hoshangabad Mp), Babai Distt Hoshangabad Mp, Madhya Pradesh, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of Bank Of India situated in Babai (Distt Hoshangabad Mp) or anywhere in Madhya Pradesh can easily transfer funds instantly by using the correct IFSC Code BKID0009057. You should 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, Babai, Babai (Distt Hoshangabad Mp)

Here are the key points that are associated with the IFSC Code BKID0009057 of Bank Of India for its branch located in Babai (Distt Hoshangabad Mp), within the district of Babai Distt Hoshangabad Mp in the state of Madhya Pradesh.

These details help users in online banking and for businesses and individuals who use Bank Of India in Babai (Distt Hoshangabad Mp) for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0009057 for the Babai 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, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with Bank Of India located in Babai, Babai (Distt Hoshangabad Mp), Madhya Pradesh, are allotted a unique IFSC like BKID0009057 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It clearly tells which bank branch it is in Babai (Distt Hoshangabad Mp).
• It helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It prevents confusion between different branches of the same bank in places like Babai (Distt Hoshangabad Mp) and Babai Distt Hoshangabad Mp.
• 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 Babai reaches the right place, even though there are thousands of branches in Madhya Pradesh and across India.

Format of the IFSC Code BKID0009057

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 Babai in Babai (Distt Hoshangabad Mp).

For example, the IFSC Code BKID0009057 of Bank Of India for the Babai branch includes these elements, identifying the bank and the branch location in Babai (Distt Hoshangabad Mp) and Madhya Pradesh accurately.

How to Find IFSC Code for Bank Of India?

If you are looking for the IFSC Code BKID0009057 of Bank Of India for its Babai branch located in Babai (Distt Hoshangabad Mp), the following methods can help:

Cheque Book

The cheque book that is issued by Bank Of India includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.

Passbook

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

Bank Website

You can visit the official website of Bank Of India and look for the branch locator section, then search for Babai or Babai (Distt Hoshangabad Mp) to get the exact IFSC Code BKID0009057.

Mobile Banking App

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

RBI Website

The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Bank Of India and Babai (Distt Hoshangabad Mp), then it will provide you proper information.

How to Use IFSC Code BKID0009057 for Online Transfers?

Once you have the IFSC Code BKID0009057 for the Babai branch of Bank Of India in Babai (Distt Hoshangabad Mp), you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0009057. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

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

IMPS

Instant 24×7 transfers. You need the recipient's account details and Bank Of India IFSC Code BKID0009057.

Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Bank Of India Babai in Babai (Distt Hoshangabad Mp), it can result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Bank Of India in Babai, here are some of the ways you can get 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.

Knowing both IFSC and MICR code can help account holders in Babai (Distt Hoshangabad Mp) manage their online transfers and cheque clearances easily.