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 Barud Tanda branch in Barud (Tanda) (Dist.Khargone), Barud Tanda Distkhargone, 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 Barud (Tanda) (Dist.Khargone) or anywhere in Madhya Pradesh can easily transfer funds instantly by using the correct IFSC Code BKID0009921. 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, Barud Tanda, Barud (Tanda) (Dist.Khargone)

The table below shows the main details of the IFSC Code BKID0009921 for the Bank Of India branch in Barud (Tanda) (Dist.Khargone), which falls under the Barud Tanda Distkhargone district in Madhya Pradesh.

Particulars Details
Bank Bank Of India
IFSC Code BKID0009921
Branch Barud Tanda
City Barud (Tanda) (Dist.Khargone)
District Barud Tanda Distkhargone
State Madhya Pradesh
Address At Post Barudtehsil Khargaon Dist Khargone

These details are important not only for users using online banking but also for businesses and individuals who use Bank Of India in Barud (Tanda) (Dist.Khargone) for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code BKID0009921 for the Barud Tanda branch of Bank Of India is vital.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like BKID0009921 is given to every bank branch, including Bank Of India located in Barud Tanda, Barud (Tanda) (Dist.Khargone), Madhya Pradesh, to make sure that online payments reach the right place.

The IFSC Code is important because:

  • It uniquely identifies the Bank Of India branch in Barud (Tanda) (Dist.Khargone).
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any kind of confusion between multiple branches of the same bank across different places like Barud (Tanda) (Dist.Khargone) and Barud Tanda Distkhargone.
  • It removes errors in fund transfers and improves accuracy.
  • It lets the sender banks validate and confirm branch details before they process the payments.

There are thousands of branches across Madhya Pradesh and the rest of India, which is why the IFSC Code ensures that transactions meant for Bank Of India in Barud Tanda doesn't end up at another location.

Format of the IFSC Code BKID0009921

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 Barud Tanda in Barud (Tanda) (Dist.Khargone).

For example, the IFSC Code BKID0009921 of Bank Of India for the Barud Tanda branch includes these elements, identifying the bank and the branch location in Barud (Tanda) (Dist.Khargone) and Madhya Pradesh correctly.

How to Find IFSC Code for Bank Of India?

If you are trying to find the IFSC Code BKID0009921 of Bank Of India for its Barud Tanda branch located in Barud (Tanda) (Dist.Khargone), 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 Barud (Tanda) (Dist.Khargone) and Barud Tanda Distkhargone, 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 Barud Tanda or Barud (Tanda) (Dist.Khargone) to get the exact IFSC Code BKID0009921.

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 Barud (Tanda) (Dist.Khargone) that will provide accurate information.

How to Use IFSC Code BKID0009921 for Online Transfers?

Once you have the IFSC Code BKID0009921 for the Barud Tanda branch of Bank Of India in Barud (Tanda) (Dist.Khargone), you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0009921. 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 BKID0009921.

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 Barud Tanda in Barud (Tanda) (Dist.Khargone) may 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 Barud Tanda, 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 Barud (Tanda) (Dist.Khargone) manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of India in Barud Tanda, Barud (Tanda) (Dist.Khargone)?

The IFSC Code is BKID0009921.

Is the IFSC Code BKID0009921 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 Barud Tanda?

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 Barud Tanda branch?

The address of the branch is At Post Barudtehsil Khargaon Dist Khargone located in Barud (Tanda) (Dist.Khargone), Barud Tanda Distkhargone, 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.