The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Bank Of India for its Khetia branch in Khetia (Distt Barwani Mp), Khetia Distt Barwani Mp, Madhya Pradesh, this complete guide will provide you with detailed information.

The banking system in India has changed over the years, and today customers of Bank Of India located in Khetia (Distt Barwani Mp) or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code BKID0009938. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Bank Of India, Khetia, Khetia (Distt Barwani Mp)

The table below shows the main details of the IFSC Code BKID0009938 for the Bank Of India branch in Khetia (Distt Barwani Mp), which falls under the Khetia Distt Barwani Mp district in Madhya Pradesh.

Particulars Details
Bank Bank Of India
IFSC Code BKID0009938
Branch Khetia
City Khetia (Distt Barwani Mp)
District Khetia Distt Barwani Mp
State Madhya Pradesh
Address Subhash Chowk Infront Of Sbiat Post Khetia Distt Barwani Mp

These details are crucial, not just for online banking users but also for businesses and individuals who use Bank Of India in Khetia (Distt Barwani Mp) for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0009938 for the Khetia branch of Bank Of India has 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 Khetia, Khetia (Distt Barwani Mp), Madhya Pradesh, are allotted a unique IFSC like BKID0009938 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Khetia (Distt Barwani 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 Khetia (Distt Barwani Mp) and Khetia Distt Barwani 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 Khetia reaches the right place, even though there are thousands of branches in Madhya Pradesh and across India.

Format of the IFSC Code BKID0009938

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

AAAA0CCCCCC

Here's the breakdown:

  • First 4 characters (AAAA): These represent the bank code. In Bank Of India, they are a short identifier for the bank.
  • 5th character (0): This is always zero and is reserved for future use.
  • Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Khetia in Khetia (Distt Barwani Mp).

For example, the IFSC Code BKID0009938 of Bank Of India for the Khetia branch has these elements, identifying the bank and the branch location in Khetia (Distt Barwani Mp) and Madhya Pradesh correctly.

How to Find IFSC Code for Bank Of India?

To find the IFSC Code BKID0009938 of Bank Of India for its Khetia branch located in Khetia (Distt Barwani Mp), 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 Khetia (Distt Barwani Mp) and Khetia Distt Barwani Mp, 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 Khetia or Khetia (Distt Barwani Mp) to find the exact IFSC Code BKID0009938.

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 Khetia (Distt Barwani Mp) will provide accurate information.

How to Use IFSC Code BKID0009938 for Online Transfers?

Once you have the IFSC Code BKID0009938 for the Khetia branch of Bank Of India in Khetia (Distt Barwani Mp), you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code BKID0009938. 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 BKID0009938.

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 Khetia in Khetia (Distt Barwani Mp), your payment can get delayed or might not go through at all.

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 Khetia, 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 Khetia (Distt Barwani Mp) manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of India in Khetia, Khetia (Distt Barwani Mp)?

The IFSC Code is BKID0009938.

Is the IFSC Code BKID0009938 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 Khetia?

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 Khetia branch?

The address of the branch is Subhash Chowk Infront Of Sbiat Post Khetia Distt Barwani Mp located in Khetia (Distt Barwani Mp), Khetia Distt Barwani Mp, 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.