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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Bank Of India for its Bediya branch in Bediya (Distt Khargone Mp), Bediya Distt Khargone Mp, or Madhya Pradesh, this guide will help you with all the details.
There have been major changes in the banking sector in India and today, the customers of Bank Of India located in Bediya (Distt Khargone Mp) or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code BKID0009936. 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, Bediya, Bediya (Distt Khargone Mp)
The table below shows the main details of the IFSC Code BKID0009936 for the Bank Of India branch in Bediya (Distt Khargone Mp), which falls under the Bediya Distt Khargone Mp district in Madhya Pradesh.
| Particulars | Details |
|---|---|
| Bank | Bank Of India |
| IFSC Code | BKID0009936 |
| Branch | Bediya |
| City | Bediya (Distt Khargone Mp) |
| District | Bediya Distt Khargone Mp |
| State | Madhya Pradesh |
| Address | Plot No 82 Pipalgone Roadbediya Distt Khargone |
These details help users in online banking and for businesses and individuals who use Bank Of India in Bediya (Distt Khargone Mp) for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0009936 for the Bediya 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, including Bank Of India located in Bediya, Bediya (Distt Khargone Mp), Madhya Pradesh, is provided with a unique IFSC like BKID0009936 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Bank Of India branch in Bediya (Distt Khargone Mp).
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any errors or confusions between multiple branches of the same bank across different places like Bediya (Distt Khargone Mp) and Bediya Distt Khargone Mp.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Madhya Pradesh and the rest of India and the IFSC Code ensures that transactions meant for Bank Of India in Bediya do not get mixed with another location.
Format of the IFSC Code BKID0009936
The format of the IFSC Code for banks, including Bank Of India, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown of this:
- First 4 characters (AAAA): Represent the bank code. For Bank Of India, these characters are the bank's short identifier.
- 5th character (0): Always zero which is reserved for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Bediya in Bediya (Distt Khargone Mp).
For example, the IFSC Code BKID0009936 of Bank Of India for the Bediya branch includes these elements, identifying the bank and the branch location in Bediya (Distt Khargone Mp) and Madhya Pradesh accurately.
How to Find IFSC Code for Bank Of India?
If you are trying to find the IFSC Code BKID0009936 of Bank Of India for its Bediya branch located in Bediya (Distt Khargone Mp), 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 Bediya (Distt Khargone Mp) and Bediya Distt Khargone Mp, 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 Bediya or Bediya (Distt Khargone Mp) to get the exact IFSC Code BKID0009936.
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 Bediya (Distt Khargone Mp), you'll get the correct details.
How to Use IFSC Code BKID0009936 for Online Transfers?
Once you have the IFSC Code BKID0009936 for the Bediya branch of Bank Of India in Bediya (Distt Khargone Mp), you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code BKID0009936. 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 BKID0009936.
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 Bediya in Bediya (Distt Khargone Mp), 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 Bediya, 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 Bediya (Distt Khargone Mp) to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the Bediya Bediya (Distt Khargone Mp) branch is BKID0009936.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Plot No 82 Pipalgone Roadbediya Distt Khargone.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.