For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Bank Of India for its Bapcha Barode branch in Bapcha Barode (Dist. Shajapur), Bapcha Barode Dist Shajapur, Madhya Pradesh, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today customers of Bank Of India located in Bapcha Barode (Dist. Shajapur) or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code BKID0009565. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Bank Of India, Bapcha Barode, Bapcha Barode (Dist. Shajapur)
Here are the main details that are associated with the IFSC Code BKID0009565 of Bank Of India for its branch located in Bapcha Barode (Dist. Shajapur), within the district of Bapcha Barode Dist Shajapur in the state of Madhya Pradesh.
| Particulars | Details |
|---|---|
| Bank | Bank Of India |
| IFSC Code | BKID0009565 |
| Branch | Bapcha Barode |
| City | Bapcha Barode (Dist. Shajapur) |
| District | Bapcha Barode Dist Shajapur |
| State | Madhya Pradesh |
| Address | Vill Po Bapcha Barodevia Barode Malwa Dist Shajapur |
These details are crucial, not just for online banking users but also for businesses and individuals who use Bank Of India in Bapcha Barode (Dist. Shajapur) for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0009565 for the Bapcha Barode 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, along with Bank Of India located in Bapcha Barode, Bapcha Barode (Dist. Shajapur), Madhya Pradesh, are allotted a unique IFSC like BKID0009565 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Bapcha Barode (Dist. Shajapur).
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Bapcha Barode (Dist. Shajapur) and Bapcha Barode Dist Shajapur.
- 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 Bapcha Barode reaches the right place, even though there are thousands of branches in Madhya Pradesh and across India.
Format of the IFSC Code BKID0009565
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 Bapcha Barode in Bapcha Barode (Dist. Shajapur).
For example, the IFSC Code BKID0009565 of Bank Of India for the Bapcha Barode branch includes these elements, identifying the bank and the branch location in Bapcha Barode (Dist. Shajapur) and Madhya Pradesh accurately.
How to Find IFSC Code for Bank Of India?
If you are trying to find the IFSC Code BKID0009565 of Bank Of India for its Bapcha Barode branch located in Bapcha Barode (Dist. Shajapur), 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
Most banks, including Bank Of India branches in Bapcha Barode (Dist. Shajapur) and Bapcha Barode Dist Shajapur, print the IFSC and MICR codes 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 Bapcha Barode or Bapcha Barode (Dist. Shajapur) to get the exact IFSC Code BKID0009565.
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 Bapcha Barode (Dist. Shajapur), you'll get the correct details.
How to Use IFSC Code BKID0009565 for Online Transfers?
Once you have the IFSC Code BKID0009565 for the Bapcha Barode branch of Bank Of India in Bapcha Barode (Dist. Shajapur), you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code BKID0009565. 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 BKID0009565.
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 Bapcha Barode in Bapcha Barode (Dist. Shajapur), 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 Bapcha Barode, 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 Bapcha Barode (Dist. Shajapur) to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is BKID0009565.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Vill Po Bapcha Barodevia Barode Malwa Dist Shajapur located in Bapcha Barode (Dist. Shajapur), Bapcha Barode Dist Shajapur, Madhya Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.