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 Bhat Pachlana branch in Bhat Pachlana (Dist. Ujjain), Bhat Pachlana Dist Ujjain, 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 Bhat Pachlana (Dist. Ujjain) or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code BKID0009114. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Bank Of India, Bhat Pachlana, Bhat Pachlana (Dist. Ujjain)

Here are some of the key details that come with the IFSC Code BKID0009114 of Bank Of India for its branch located in Bhat Pachlana (Dist. Ujjain), within the district of Bhat Pachlana Dist Ujjain in the state of Madhya Pradesh.

Particulars Details
Bank Bank Of India
IFSC Code BKID0009114
Branch Bhat Pachlana
City Bhat Pachlana (Dist. Ujjain)
District Bhat Pachlana Dist Ujjain
State Madhya Pradesh
Address Bhat Pachlanatehsil Badnagar Dist Ujjain

These details are essential not only for online banking users but also for businesses and individuals who use Bank Of India in Bhat Pachlana (Dist. Ujjain) for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0009114 for the Bhat Pachlana 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 that is provided by the Reserve Bank of India. A unique IFSC like BKID0009114 is given to every bank branch, including Bank Of India located in Bhat Pachlana, Bhat Pachlana (Dist. Ujjain), 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 Bhat Pachlana (Dist. Ujjain).
  • 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 Bhat Pachlana (Dist. Ujjain) and Bhat Pachlana Dist Ujjain.
  • 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 Bhat Pachlana doesn't end up at another location.

Format of the IFSC Code BKID0009114

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): 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 Bhat Pachlana in Bhat Pachlana (Dist. Ujjain).

For example, the IFSC Code BKID0009114 of Bank Of India for the Bhat Pachlana branch includes these elements, identifying the bank and the branch location in Bhat Pachlana (Dist. Ujjain) and Madhya Pradesh accurately.

How to Find IFSC Code for Bank Of India?

If you are trying to find the IFSC Code BKID0009114 of Bank Of India for its Bhat Pachlana branch located in Bhat Pachlana (Dist. Ujjain), 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 Bhat Pachlana (Dist. Ujjain) and Bhat Pachlana Dist Ujjain, 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 Bhat Pachlana or Bhat Pachlana (Dist. Ujjain) to get the exact IFSC Code BKID0009114.

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 Bhat Pachlana (Dist. Ujjain), you'll get the correct details.

How to Use IFSC Code BKID0009114 for Online Transfers?

Once you have the IFSC Code BKID0009114 for the Bhat Pachlana branch of Bank Of India in Bhat Pachlana (Dist. Ujjain), you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code BKID0009114. 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 BKID0009114.

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 Bhat Pachlana in Bhat Pachlana (Dist. Ujjain), 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 Bhat Pachlana, 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 Bhat Pachlana (Dist. Ujjain) to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of India Bhat Pachlana Bhat Pachlana (Dist. Ujjain)?

The IFSC Code of the Bhat Pachlana Bhat Pachlana (Dist. Ujjain) branch is BKID0009114.

Is IFSC Code BKID0009114 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Bank Of India Bhat Pachlana branch?

The branch is located at Bhat Pachlanatehsil Badnagar Dist Ujjain.

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.