IFSC Code of Bank Of India, Pipalgaon Raiyat, Burhanpur, Madhya Pradesh- BKID0009588

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 Pipalgaon Raiyat branch in Burhanpur, Burhanpur, 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 Burhanpur or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code BKID0009588. 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, Pipalgaon Raiyat, Burhanpur

The table below shows the main details of the IFSC Code BKID0009588 for the Bank Of India branch in Burhanpur, which falls under the Burhanpur district in Madhya Pradesh.

These details are important not only for users using online banking but also for businesses and individuals who use Bank Of India in Burhanpur for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code BKID0009588 for the Pipalgaon Raiyat 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 provided by the Reserve Bank of India. Every bank branch, along with Bank Of India located in Pipalgaon Raiyat, Burhanpur, Madhya Pradesh, are allotted a unique IFSC like BKID0009588 to ensure that online payments reach the right destination.

The IFSC Code is important because:

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

Format of the IFSC Code BKID0009588

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 Pipalgaon Raiyat in Burhanpur.

For example, the IFSC Code BKID0009588 of Bank Of India for the Pipalgaon Raiyat branch includes these elements, identifying the bank and the branch location in Burhanpur and Madhya Pradesh accurately.

How to Find IFSC Code for Bank Of India?

If you are looking for the IFSC Code BKID0009588 of Bank Of India for its Pipalgaon Raiyat branch located in Burhanpur, the following methods can help:

Cheque Book

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

Passbook

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

Bank Website

You can visit the official website of Bank Of India and look for the branch locator section, then search for Pipalgaon Raiyat or Burhanpur to get the exact IFSC Code BKID0009588.

Mobile Banking App

If you use Bank Of India's mobile app, you can check your account details to easily find your branch's IFSC code.

RBI Website

The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Bank Of India and Burhanpur, then it will provide you proper information.

How to Use IFSC Code BKID0009588 for Online Transfers?

If you have the IFSC Code BKID0009588 for the Pipalgaon Raiyat branch of Bank Of India in Burhanpur, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0009588. Transfers are processed in batches. 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. Asks for the recipient's account details and Bank Of India IFSC Code BKID0009588.

Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Bank Of India Pipalgaon Raiyat in Burhanpur, it may 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 Pipalgaon Raiyat, 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 Burhanpur to handle online money transfers and get their cheques cleared smoothly.