The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Bank Of India for its Bhind Main branch in Bhind, Bhind, Madhya Pradesh, this complete guide will provide you with detailed information.

The banking system in India has changed over the years, and today customers of Bank Of India located in Bhind or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code BKID0MG9006. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Bank Of India, Bhind Main, Bhind

The table below shows the main details of the IFSC Code BKID0MG9006 for the Bank Of India branch in Bhind, which falls under the Bhind district in Madhya Pradesh.

Particulars Details
Bank Bank Of India
IFSC Code BKID0MG9006
Branch Bhind Main
City Bhind
District Bhind
State Madhya Pradesh
Address Bhagwati Palace, Bhuta Bazar, Bhind 477001

These details helps users in online banking and for businesses and individuals who use Bank Of India in Bhind for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0MG9006 for the Bhind Main branch of Bank Of India plays a vital role.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Bank Of India located in Bhind Main, Bhind, Madhya Pradesh, is provided a unique IFSC like BKID0MG9006 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Bank Of India branch in Bhind.
  • Helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any confusions between multiple branches of the same bank across different places like Bhind and Bhind.
  • It reduces most of the errors in fund transfers and makes sure its accuracy.
  • It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Madhya Pradesh and the rest of India, the IFSC Code ensures that transactions meant for Bank Of India in Bhind Main do not get misguided to another person.

Format of the IFSC Code BKID0MG9006

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 Bhind Main in Bhind.

For example, the IFSC Code BKID0MG9006 of Bank Of India for the Bhind Main branch has these elements, identifying the bank and the branch location in Bhind and Madhya Pradesh correctly.

How to Find IFSC Code for Bank Of India?

To find the IFSC Code BKID0MG9006 of Bank Of India for its Bhind Main branch located in Bhind, the following methods can help you out:

Cheque Book

The cheque book issued by Bank Of India includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.

Passbook

Most banks, including Bank Of India branches in Bhind and Bhind, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Bank Of India and go to the branch locator section. Then search for Bhind Main or Bhind to find the exact IFSC Code BKID0MG9006.

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 maintains an updated database of all IFSC codes. Searching for Bank Of India and Bhind will provide accurate information.

How to Use IFSC Code BKID0MG9006 for Online Transfers?

Once you have the IFSC Code BKID0MG9006 for the Bhind Main branch of Bank Of India in Bhind, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0MG9006. 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 BKID0MG9006.

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 Bhind Main in Bhind, it can result in delayed or failed transactions.

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 Bhind Main, 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 Bhind to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of India in Bhind Main, Bhind?

The IFSC Code is BKID0MG9006.

Is the IFSC Code BKID0MG9006 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 Bhind Main?

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 Bhind Main branch?

The address of the branch is Bhagwati Palace, Bhuta Bazar, Bhind 477001 located in Bhind, Bhind, 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.

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