IFSC Code of Bank Of India, Bareli, Bareli Distt Raisen Mp, Madhya Pradesh — BKID0009061

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 Bareli branch in Bareli ( Distt Raisen Mp), Bareli Distt Raisen 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 Bareli ( Distt Raisen Mp) or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code BKID0009061. 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, Bareli, Bareli ( Distt Raisen Mp)

Here are the key points that are associated with the IFSC Code BKID0009061 of Bank Of India for its branch located in Bareli ( Distt Raisen Mp), within the district of Bareli Distt Raisen Mp in the state of Madhya Pradesh.

These details are essential not only for online banking users but also for businesses and individuals who use Bank Of India in Bareli ( Distt Raisen Mp) for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0009061 for the Bareli branch of Bank Of India plays 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 Bareli, Bareli ( Distt Raisen Mp), Madhya Pradesh, are allotted a unique IFSC like BKID0009061 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It clearly tells which bank branch it is in Bareli ( Distt Raisen 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 Bareli ( Distt Raisen Mp) and Bareli Distt Raisen 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 Bareli reaches the right place, even though there are thousands of branches in Madhya Pradesh and across India.

Format of the IFSC Code BKID0009061

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

AAAA0CCCCCC

Here's the breakdown:

• First 4 characters (AAAA): These represent the bank code. In Bank Of India, they are a short identifier for the bank.
• 5th character (0): This is always zero and is reserved for future use.
• Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Bareli in Bareli ( Distt Raisen Mp).

For example, the IFSC Code BKID0009061 of Bank Of India for the Bareli branch has these elements, identifying the bank and the branch location in Bareli ( Distt Raisen Mp) and Madhya Pradesh correctly.

How to Find IFSC Code for Bank Of India?

If you are looking for the IFSC Code BKID0009061 of Bank Of India for its Bareli branch located in Bareli ( Distt Raisen 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 Bareli ( Distt Raisen Mp) and Bareli Distt Raisen 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 Bareli or Bareli ( Distt Raisen Mp) to get the exact IFSC Code BKID0009061.

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 Bareli ( Distt Raisen Mp), then it will provide you proper information.

How to Use IFSC Code BKID0009061 for Online Transfers?

Once you have the IFSC Code BKID0009061 for the Bareli branch of Bank Of India in Bareli ( Distt Raisen Mp), you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0009061. 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 BKID0009061.

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 Bareli in Bareli ( Distt Raisen Mp), it can result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Bank Of India in Bareli, you can find it by any of the following ways:

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

Having both IFSC and MICR codes helps account holders in Bareli ( Distt Raisen Mp) manage online transfers as well as cheque clearances with ease.