IFSC Code of Bank Of India, Hatta, Balaghat, Madhya Pradesh- BKID0MG1310

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 Hatta branch in Balaghat, Balaghat, 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 Balaghat or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code BKID0MG1310. 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, Hatta, Balaghat

Below in the table are the key details related to IFSC Code BKID0MG1310 of Bank Of India for its branch located in Balaghat, within the district of Balaghat in the state of Madhya Pradesh.

These details help users in online banking and for businesses and individuals who use Bank Of India in Balaghat for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0MG1310 for the Hatta 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 Hatta, Balaghat, Madhya Pradesh, are allotted a unique IFSC like BKID0MG1310 to ensure that online payments reach the right destination.

The IFSC Code is important because:

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

Format of the IFSC Code BKID0MG1310

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 Hatta in Balaghat.

For example, the IFSC Code BKID0MG1310 of Bank Of India for the Hatta branch includes these elements, identifying the bank and the branch location in Balaghat and Madhya Pradesh accurately.

How to Find IFSC Code for Bank Of India?

If you are trying to find the IFSC Code BKID0MG1310 of Bank Of India for its Hatta branch located in Balaghat, 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 Balaghat and Balaghat, 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 Hatta or Balaghat to get the exact IFSC Code BKID0MG1310.

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 Balaghat that will provide accurate information.

How to Use IFSC Code BKID0MG1310 for Online Transfers?

Once you have the IFSC Code BKID0MG1310 for the Hatta branch of Bank Of India in Balaghat, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0MG1310. 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 BKID0MG1310.

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 Hatta in Balaghat, 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 Hatta, 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 Balaghat manage their online transfers and cheque clearances easily.