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 Kesur branch in Kesur (Dist. Dhar), Kesur Dist Dhar, 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 Kesur (Dist. Dhar) or anywhere in Madhya Pradesh can easily transfer funds instantly by using the correct IFSC Code BKID0009806. 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, Kesur, Kesur (Dist. Dhar)
Here are some of the key details that come with the IFSC Code BKID0009806 of Bank Of India for its branch located in Kesur (Dist. Dhar), within the district of Kesur Dist Dhar in the state of Madhya Pradesh.
| Particulars | Details |
|---|---|
| Bank | Bank Of India |
| IFSC Code | BKID0009806 |
| Branch | Kesur |
| City | Kesur (Dist. Dhar) |
| District | Kesur Dist Dhar |
| State | Madhya Pradesh |
| Address | Sadar Bazarat P O Kesur Dist Dhar |
These details are essential not only for online banking users but also for businesses and individuals who use Bank Of India in Kesur (Dist. Dhar) for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0009806 for the Kesur branch of Bank Of India plays an 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 Kesur, Kesur (Dist. Dhar), Madhya Pradesh, are allotted a unique IFSC like BKID0009806 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Kesur (Dist. Dhar).
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Kesur (Dist. Dhar) and Kesur Dist Dhar.
- 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 Kesur reaches the right place, even though there are thousands of branches in Madhya Pradesh and across India.
Format of the IFSC Code BKID0009806
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 Kesur in Kesur (Dist. Dhar).
For example, the IFSC Code BKID0009806 of Bank Of India for the Kesur branch includes these elements, identifying the bank and the branch location in Kesur (Dist. Dhar) and Madhya Pradesh accurately.
How to Find IFSC Code for Bank Of India?
To find the IFSC Code BKID0009806 of Bank Of India for its Kesur branch located in Kesur (Dist. Dhar), the following methods can help you out:
Cheque Book
The cheque book issued by Bank Of India includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Bank Of India branches in Kesur (Dist. Dhar) and Kesur 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 go to the branch locator section. Then search for Kesur or Kesur (Dist. Dhar) to find the exact IFSC Code BKID0009806.
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 maintains an updated database of all IFSC codes. Searching for Bank Of India and Kesur (Dist. Dhar) will provide accurate information.
How to Use IFSC Code BKID0009806 for Online Transfers?
Once you have the IFSC Code BKID0009806 for the Kesur branch of Bank Of India in Kesur (Dist. Dhar), you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code BKID0009806. 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 BKID0009806.
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 Kesur in Kesur (Dist. Dhar), it can 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 Kesur, here are some ways that 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.
If you know both IFSC and MICR codes, then it can help account holders in Kesur (Dist. Dhar) manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is BKID0009806.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Sadar Bazarat P O Kesur Dist Dhar located in Kesur (Dist. Dhar), Kesur Dist Dhar, Madhya Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.