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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Bank Of India for its Kalapipal branch in Kalapipal ( Dist Shajapur), Kalapipal Dist Shajapur, or Madhya Pradesh, this guide will help you with all the details.

There have been major changes in the banking sector in India and today, the customers of Bank Of India located in Kalapipal ( Dist Shajapur) or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code BKID0009566. 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, Kalapipal, Kalapipal ( Dist Shajapur)

Here are some of the key details that come with the IFSC Code BKID0009566 of Bank Of India for its branch located in Kalapipal ( Dist Shajapur), within the district of Kalapipal Dist Shajapur in the state of Madhya Pradesh.

Particulars Details
Bank Bank Of India
IFSC Code BKID0009566
Branch Kalapipal
City Kalapipal ( Dist Shajapur)
District Kalapipal Dist Shajapur
State Madhya Pradesh
Address Old Mandi Groundat Po Kalapipal Distt Shajapur

These details help users in online banking and for businesses and individuals who use Bank Of India in Kalapipal ( Dist Shajapur) for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0009566 for the Kalapipal 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 Kalapipal, Kalapipal ( Dist Shajapur), Madhya Pradesh, are allotted a unique IFSC like BKID0009566 to ensure that online payments reach the right destination.

The IFSC Code is important because:

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

Format of the IFSC Code BKID0009566

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 Kalapipal in Kalapipal ( Dist Shajapur).

For example, the IFSC Code BKID0009566 of Bank Of India for the Kalapipal branch includes these elements, identifying the bank and the branch location in Kalapipal ( Dist Shajapur) and Madhya Pradesh accurately.

How to Find IFSC Code for Bank Of India?

If you are looking for the IFSC Code BKID0009566 of Bank Of India for its Kalapipal branch located in Kalapipal ( Dist Shajapur), 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 Kalapipal ( Dist Shajapur) and Kalapipal Dist Shajapur, 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 Kalapipal or Kalapipal ( Dist Shajapur) to get the exact IFSC Code BKID0009566.

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 Kalapipal ( Dist Shajapur), then it will provide you proper information.

How to Use IFSC Code BKID0009566 for Online Transfers?

If you have the IFSC Code BKID0009566 for the Kalapipal branch of Bank Of India in Kalapipal ( Dist Shajapur), you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0009566. 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 BKID0009566.

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 Kalapipal in Kalapipal ( Dist Shajapur), it may result in delayed or failed transactions.

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 Kalapipal, 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 Kalapipal ( Dist Shajapur) manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of India in Kalapipal, Kalapipal ( Dist Shajapur)?

The IFSC Code is BKID0009566.

Is the IFSC Code BKID0009566 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Bank Of India Kalapipal?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Kalapipal branch?

The address of the branch is Old Mandi Groundat Po Kalapipal Distt Shajapur located in Kalapipal ( Dist Shajapur), Kalapipal Dist Shajapur, 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.