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 Dhargaon branch in Dhargaon (Dist. Khargone), Dhargaon Dist Khargone, 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 Dhargaon (Dist. Khargone) or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code BKID0009919. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Bank Of India, Dhargaon, Dhargaon (Dist. Khargone)
Here are the main details that are associated with the IFSC Code BKID0009919 of Bank Of India for its branch located in Dhargaon (Dist. Khargone), within the district of Dhargaon Dist Khargone in the state of Madhya Pradesh.
| Particulars | Details |
|---|---|
| Bank | Bank Of India |
| IFSC Code | BKID0009919 |
| Branch | Dhargaon |
| City | Dhargaon (Dist. Khargone) |
| District | Dhargaon Dist Khargone |
| State | Madhya Pradesh |
| Address | At Post Dhargaontehsil Maheshwar Dist Khargone |
These details are important not only for users using online banking but also for businesses and individuals who use Bank Of India in Dhargaon (Dist. Khargone) for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code BKID0009919 for the Dhargaon branch of Bank Of India is vital.
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 Dhargaon, Dhargaon (Dist. Khargone), Madhya Pradesh, is provided a unique IFSC like BKID0009919 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Bank Of India branch in Dhargaon (Dist. Khargone).
- 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 Dhargaon (Dist. Khargone) and Dhargaon Dist Khargone.
- 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 Dhargaon do not get misguided to another person.
Format of the IFSC Code BKID0009919
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 Dhargaon in Dhargaon (Dist. Khargone).
For example, the IFSC Code BKID0009919 of Bank Of India for the Dhargaon branch includes these elements, identifying the bank and the branch location in Dhargaon (Dist. Khargone) and Madhya Pradesh accurately.
How to Find IFSC Code for Bank Of India?
If you are trying to find the IFSC Code BKID0009919 of Bank Of India for its Dhargaon branch located in Dhargaon (Dist. Khargone), 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 Dhargaon (Dist. Khargone) and Dhargaon Dist Khargone, 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 Dhargaon or Dhargaon (Dist. Khargone) to get the exact IFSC Code BKID0009919.
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 Dhargaon (Dist. Khargone) that will provide accurate information.
How to Use IFSC Code BKID0009919 for Online Transfers?
Once you have the IFSC Code BKID0009919 for the Dhargaon branch of Bank Of India in Dhargaon (Dist. Khargone), you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code BKID0009919. 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 BKID0009919.
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 Dhargaon in Dhargaon (Dist. Khargone), it can result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Bank Of India in Dhargaon, here are some of the ways you can get 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.
Knowing both IFSC and MICR code can help account holders in Dhargaon (Dist. Khargone) manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is BKID0009919.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is At Post Dhargaontehsil Maheshwar Dist Khargone located in Dhargaon (Dist. Khargone), Dhargaon Dist Khargone, Madhya Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.