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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Bank Of India for its Mahendragarh branch in Mahendragarh (Haryana), Mahendragarh Haryana, Haryana, then this guide will give you detailed information.

The banking system has evolved significantly in India, and today the customers of Bank Of India located in Mahendragarh (Haryana) or anywhere in Haryana can transfer funds instantly by using the correct IFSC Code BKID0006738. 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, Mahendragarh, Mahendragarh (Haryana)

The table below shows the main details of the IFSC Code BKID0006738 for the Bank Of India branch in Mahendragarh (Haryana), which falls under the Mahendragarh Haryana district in Haryana.

Particulars Details
Bank Bank Of India
IFSC Code BKID0006738
Branch Mahendragarh
City Mahendragarh (Haryana)
District Mahendragarh Haryana
State Haryana
Address Ground Floor Sunariya Royal Palace Near Raotula Ram Chowk Dadri Road Ward No 2 Mahen

These details helps users in online banking and for businesses and individuals who use Bank Of India in Mahendragarh (Haryana) for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0006738 for the Mahendragarh branch of Bank Of India plays a vital role.

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 Mahendragarh, Mahendragarh (Haryana), Haryana, is provided a unique IFSC like BKID0006738 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Bank Of India branch in Mahendragarh (Haryana).
  • 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 Mahendragarh (Haryana) and Mahendragarh Haryana.
  • 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 Haryana and the rest of India, the IFSC Code ensures that transactions meant for Bank Of India in Mahendragarh do not get misguided to another person.

Format of the IFSC Code BKID0006738

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 Mahendragarh in Mahendragarh (Haryana).

For example, the IFSC Code BKID0006738 of Bank Of India for the Mahendragarh branch has these elements, identifying the bank and the branch location in Mahendragarh (Haryana) and Haryana correctly.

How to Find IFSC Code for Bank Of India?

If you are trying to find the IFSC Code BKID0006738 of Bank Of India for its Mahendragarh branch located in Mahendragarh (Haryana), 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 Mahendragarh (Haryana) and Mahendragarh Haryana, 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 Mahendragarh or Mahendragarh (Haryana) to get the exact IFSC Code BKID0006738.

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 Mahendragarh (Haryana) that will provide accurate information.

How to Use IFSC Code BKID0006738 for Online Transfers?

Once you have the IFSC Code BKID0006738 for the Mahendragarh branch of Bank Of India in Mahendragarh (Haryana), you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0006738. Transfers are processed in batches. This is 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. Requires the recipient's account details and Bank Of India IFSC Code BKID0006738.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Bank Of India Mahendragarh in Mahendragarh (Haryana) may 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 Mahendragarh, here are some ways to obtain 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.

Having both the IFSC and MICR codes makes it easy for account holders in Mahendragarh (Haryana) to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of India in Mahendragarh, Mahendragarh (Haryana)?

The IFSC Code is BKID0006738.

Is the IFSC Code BKID0006738 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and the IFSC is for online transfers.

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

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

What is the full address of the Mahendragarh branch?

The address of the branch is Ground Floor Sunariya Royal Palace Near Raotula Ram Chowk Dadri Road Ward No 2 Mahen located in Mahendragarh (Haryana), Mahendragarh Haryana, Haryana.

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.