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 Aantary Kailaras branch in Muraina, Muraina, 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 Muraina or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code BKID0MG9057. 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, Aantary Kailaras, Muraina
Below in the table are the key details related to IFSC Code BKID0MG9057 of Bank Of India for its branch located in Muraina, within the district of Muraina in the state of Madhya Pradesh.
| Particulars | Details |
|---|---|
| Bank | Bank Of India |
| IFSC Code | BKID0MG9057 |
| Branch | Aantary Kailaras |
| City | Muraina |
| District | Muraina |
| State | Madhya Pradesh |
| Address | Pahadgadh Road, Kailaras 476224 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Bank Of India in Muraina for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0MG9057 for the Aantary Kailaras 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 Aantary Kailaras, Muraina, Madhya Pradesh, are allotted a unique IFSC like BKID0MG9057 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Muraina.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Muraina and Muraina.
- 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 Aantary Kailaras reaches the right place, even though there are thousands of branches in Madhya Pradesh and across India.
Format of the IFSC Code BKID0MG9057
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 Aantary Kailaras in Muraina.
For example, the IFSC Code BKID0MG9057 of Bank Of India for the Aantary Kailaras branch includes these elements, identifying the bank and the branch location in Muraina and Madhya Pradesh accurately.
How to Find IFSC Code for Bank Of India?
If you are trying to find the IFSC Code BKID0MG9057 of Bank Of India for its Aantary Kailaras branch located in Muraina, 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 Muraina and Muraina, 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 Aantary Kailaras or Muraina to get the exact IFSC Code BKID0MG9057.
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 Muraina that will provide accurate information.
How to Use IFSC Code BKID0MG9057 for Online Transfers?
Once you have the IFSC Code BKID0MG9057 for the Aantary Kailaras branch of Bank Of India in Muraina, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code BKID0MG9057. 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 BKID0MG9057.
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 Aantary Kailaras in Muraina, it can 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 Aantary Kailaras, 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 Muraina manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Aantary Kailaras Muraina branch is BKID0MG9057.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Pahadgadh Road, Kailaras 476224.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.