IFSC Code of Bank Of India, Datoda, Datoda Dist Indore Mp, Madhya Pradesh- BKID0008842

There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Bank Of India for its Datoda branch in Datoda (Dist Indore) Mp, Datoda Dist Indore Mp, Madhya Pradesh, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of Bank Of India situated in Datoda (Dist Indore) Mp or anywhere in Madhya Pradesh can easily transfer funds instantly by using the correct IFSC Code BKID0008842. You should 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, Datoda, Datoda (Dist Indore) Mp

Here are the main details that are associated with the IFSC Code BKID0008842 of Bank Of India for its branch located in Datoda (Dist Indore) Mp, within the district of Datoda Dist Indore Mp in the state of Madhya Pradesh.

These details help users in online banking and for businesses and individuals who use Bank Of India in Datoda (Dist Indore) Mp for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0008842 for the Datoda 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, along with Bank Of India located in Datoda, Datoda (Dist Indore) Mp, Madhya Pradesh, are allotted a unique IFSC like BKID0008842 to ensure that online payments reach the right destination.

The IFSC Code is important because:

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

Format of the IFSC Code BKID0008842

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 Datoda in Datoda (Dist Indore) Mp.

For example, the IFSC Code BKID0008842 of Bank Of India for the Datoda branch includes these elements, identifying the bank and the branch location in Datoda (Dist Indore) Mp and Madhya Pradesh accurately.

How to Find IFSC Code for Bank Of India?

If you are trying to find the IFSC Code BKID0008842 of Bank Of India for its Datoda branch located in Datoda (Dist Indore) 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 Datoda (Dist Indore) Mp and Datoda Dist Indore 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 Datoda or Datoda (Dist Indore) Mp to get the exact IFSC Code BKID0008842.

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 Datoda (Dist Indore) Mp, you'll get the correct details.

How to Use IFSC Code BKID0008842 for Online Transfers?

Once you have the IFSC Code BKID0008842 for the Datoda branch of Bank Of India in Datoda (Dist Indore) Mp, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code BKID0008842. 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 BKID0008842.

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 Datoda in Datoda (Dist Indore) Mp, your payment can get delayed or might not go through at all.

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Bank Of India in Datoda, you can find it by any of the following ways:

• Check the bottom of your cheque leaf.
• Go to the first page of your passbook.
• Visit the official Bank Of India website.
• Search the RBI portal.

Having both IFSC and MICR codes helps account holders in Datoda (Dist Indore) Mp manage online transfers as well as cheque clearances with ease.