IFSC Code of Bank Of India, Malkhed, Malkhed Dist Amravati, Maharashtra- BKID0009676

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 Malkhed branch in Malkhed (Dist. Amravati), Malkhed Dist Amravati, Maharashtra, 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 Malkhed (Dist. Amravati) or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code BKID0009676. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Bank Of India, Malkhed, Malkhed (Dist. Amravati)

The table below shows the main details of the IFSC Code BKID0009676 for the Bank Of India branch in Malkhed (Dist. Amravati), which falls under the Malkhed Dist Amravati district in Maharashtra.

These details are important not only for users using online banking but also for businesses and individuals who use Bank Of India in Malkhed (Dist. Amravati) for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code BKID0009676 for the Malkhed 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 Malkhed, Malkhed (Dist. Amravati), Maharashtra, is provided a unique IFSC like BKID0009676 so that their online payments reach the right place.

The IFSC Code is important because:

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

Format of the IFSC Code BKID0009676

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 Malkhed in Malkhed (Dist. Amravati).

For example, the IFSC Code BKID0009676 of Bank Of India for the Malkhed branch includes these elements, identifying the bank and the branch location in Malkhed (Dist. Amravati) and Maharashtra accurately.

How to Find IFSC Code for Bank Of India?

To find the IFSC Code BKID0009676 of Bank Of India for its Malkhed branch located in Malkhed (Dist. Amravati), 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 Malkhed (Dist. Amravati) and Malkhed Dist Amravati, 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 Malkhed or Malkhed (Dist. Amravati) to find the exact IFSC Code BKID0009676.

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 Malkhed (Dist. Amravati) will provide accurate information.

How to Use IFSC Code BKID0009676 for Online Transfers?

If you have the IFSC Code BKID0009676 for the Malkhed branch of Bank Of India in Malkhed (Dist. Amravati), you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0009676. 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 BKID0009676.

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 Malkhed in Malkhed (Dist. Amravati), it 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 Malkhed, 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 Malkhed (Dist. Amravati) manage online transfers as well as cheque clearances with ease.