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 Dahi branch in Dahi (Dist Dhar), Dahi Dist Dhar, 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 Dahi (Dist Dhar) or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code BKID0009807. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Bank Of India, Dahi, Dahi (Dist Dhar)

Below in the table are the key details related to IFSC Code BKID0009807 of Bank Of India for its branch located in Dahi (Dist Dhar), within the district of Dahi Dist Dhar in the state of Madhya Pradesh.

Particulars Details
Bank Bank Of India
IFSC Code BKID0009807
Branch Dahi
City Dahi (Dist Dhar)
District Dahi Dist Dhar
State Madhya Pradesh
Address Main Roadat Post Dahi Dist Dhar

These details helps users in online banking and for businesses and individuals who use Bank Of India in Dahi (Dist Dhar) for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0009807 for the Dahi 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 Dahi, Dahi (Dist Dhar), Madhya Pradesh, is provided a unique IFSC like BKID0009807 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Bank Of India branch in Dahi (Dist Dhar).
  • 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 Dahi (Dist Dhar) and Dahi Dist Dhar.
  • 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 Dahi do not get misguided to another person.

Format of the IFSC Code BKID0009807

This is the format of the IFSC Code for banks, including Bank Of India, follows an 11-character structure:

AAAA0CCCCCC

Here's the explanation:

  • First 4 characters (AAAA): This is the bank code. For Bank Of India, these characters are the bank's short identifier.
  • 5th character (0): This stays zero till there is any future use.
  • Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Dahi in Dahi (Dist Dhar).

For example, the IFSC Code BKID0009807 of Bank Of India for the Dahi branch includes these elements, identifying the bank and the branch location in Dahi (Dist Dhar) and Madhya Pradesh accurately.

How to Find IFSC Code for Bank Of India?

If you are trying to find the IFSC Code BKID0009807 of Bank Of India for its Dahi branch located in Dahi (Dist Dhar), the following methods can help:

Cheque Book

The cheque books that are issued by Bank Of India include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

Most banks, including Bank Of India branches in Dahi (Dist Dhar) and Dahi Dist Dhar, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Bank Of India and find the branch locator section. Search for Dahi or Dahi (Dist Dhar) to get the exact IFSC Code BKID0009807.

Mobile Banking App

If you use Bank Of India's mobile app, you can easily 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 to help you in searching for Bank Of India and Dahi (Dist Dhar) that will provide accurate information.

How to Use IFSC Code BKID0009807 for Online Transfers?

If you have the IFSC Code BKID0009807 for the Dahi branch of Bank Of India in Dahi (Dist Dhar), you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0009807. 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 BKID0009807.

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 Dahi in Dahi (Dist Dhar), 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 Dahi, 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 Dahi (Dist Dhar) to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of India Dahi Dahi (Dist Dhar)?

The IFSC Code of the Dahi Dahi (Dist Dhar) branch is BKID0009807.

Is IFSC Code BKID0009807 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 Dahi branch?

The branch is located at Main Roadat Post Dahi Dist Dhar.

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.