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 Barwaha branch in Barwaha (Dist. Khargone), Barwaha Dist Khargone, 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 Barwaha (Dist. Khargone) or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code BKID0009907. 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, Barwaha, Barwaha (Dist. Khargone)

Below in the table are the key details related to IFSC Code BKID0009907 of Bank Of India for its branch located in Barwaha (Dist. Khargone), within the district of Barwaha Dist Khargone in the state of Madhya Pradesh.

Particulars Details
Bank Bank Of India
IFSC Code BKID0009907
Branch Barwaha
City Barwaha (Dist. Khargone)
District Barwaha Dist Khargone
State Madhya Pradesh
Address 109 Narmada Roadat Post Barwaha Dist Khargone

These details are crucial, not just for online banking users but also for businesses and individuals who use Bank Of India in Barwaha (Dist. Khargone) for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0009907 for the Barwaha 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 Barwaha, Barwaha (Dist. Khargone), Madhya Pradesh, are allotted a unique IFSC like BKID0009907 to ensure that online payments reach the right destination.

The IFSC Code is important because:

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

Format of the IFSC Code BKID0009907

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 Barwaha in Barwaha (Dist. Khargone).

For example, the IFSC Code BKID0009907 of Bank Of India for the Barwaha branch includes these elements, identifying the bank and the branch location in Barwaha (Dist. Khargone) and Madhya Pradesh correctly.

How to Find IFSC Code for Bank Of India?

If you are trying to find the IFSC Code BKID0009907 of Bank Of India for its Barwaha branch located in Barwaha (Dist. Khargone), 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

You can easily find the IFSC and MICR codes because most banks, including Bank Of India branches in Barwaha (Dist. Khargone) and Barwaha Dist Khargone, print them 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 Barwaha or Barwaha (Dist. Khargone) to get the exact IFSC Code BKID0009907.

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 Barwaha (Dist. Khargone), you'll get the correct details.

How to Use IFSC Code BKID0009907 for Online Transfers?

Once you have the IFSC Code BKID0009907 for the Barwaha branch of Bank Of India in Barwaha (Dist. Khargone), you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code BKID0009907. The transfer is completed in batches. It is useful for both personal and business payments.

RTGS

Used for payments over ₹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 BKID0009907.

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 Barwaha in Barwaha (Dist. Khargone), your payment can get delayed or might not go through at all.

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 Barwaha, 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 Barwaha (Dist. Khargone) manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

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

The IFSC Code is BKID0009907.

Is the IFSC Code BKID0009907 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Bank Of India Barwaha?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Barwaha branch?

The address of the branch is 109 Narmada Roadat Post Barwaha Dist Khargone located in Barwaha (Dist. Khargone), Barwaha Dist Khargone, 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.