For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Bank Of India for its Murmadi Tupkar branch in Murmadi (Tupkar) (Dist.Bhandara), Murmadi Tupkar Distbhandara, Maharashtra, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly over the years, and today customers of Bank Of India located in Murmadi (Tupkar) (Dist.Bhandara) or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code BKID0009223. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Bank Of India, Murmadi Tupkar, Murmadi (Tupkar) (Dist.Bhandara)

Below in the table are the key details related to IFSC Code BKID0009223 of Bank Of India for its branch located in Murmadi (Tupkar) (Dist.Bhandara), within the district of Murmadi Tupkar Distbhandara in the state of Maharashtra.

Particulars Details
Bank Bank Of India
IFSC Code BKID0009223
Branch Murmadi Tupkar
City Murmadi (Tupkar) (Dist.Bhandara)
District Murmadi Tupkar Distbhandara
State Maharashtra
Address At Post Murmadi Tupkartah Lakhani Dist Bhandara

These details helps users in online banking and for businesses and individuals who use Bank Of India in Murmadi (Tupkar) (Dist.Bhandara) for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0009223 for the Murmadi Tupkar 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, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with Bank Of India located in Murmadi Tupkar, Murmadi (Tupkar) (Dist.Bhandara), Maharashtra, are allotted a unique IFSC like BKID0009223 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Murmadi (Tupkar) (Dist.Bhandara).
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Murmadi (Tupkar) (Dist.Bhandara) and Murmadi Tupkar Distbhandara.
  • 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 Murmadi Tupkar reaches the right place, even though there are thousands of branches in Maharashtra and across India.

Format of the IFSC Code BKID0009223

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 Murmadi Tupkar in Murmadi (Tupkar) (Dist.Bhandara).

For example, the IFSC Code BKID0009223 of Bank Of India for the Murmadi Tupkar branch includes these elements, identifying the bank and the branch location in Murmadi (Tupkar) (Dist.Bhandara) and Maharashtra accurately.

How to Find IFSC Code for Bank Of India?

If you are looking for the IFSC Code BKID0009223 of Bank Of India for its Murmadi Tupkar branch located in Murmadi (Tupkar) (Dist.Bhandara), the following methods can help:

Cheque Book

The cheque book that is issued by Bank Of India includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.

Passbook

Most of the banks, including Bank Of India branches in Murmadi (Tupkar) (Dist.Bhandara) and Murmadi Tupkar Distbhandara, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

You can visit the official website of Bank Of India and look for the branch locator section, then search for Murmadi Tupkar or Murmadi (Tupkar) (Dist.Bhandara) to get the exact IFSC Code BKID0009223.

Mobile Banking App

If you use Bank Of India's mobile app, you can check your account details to easily find your branch's IFSC code.

RBI Website

The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Bank Of India and Murmadi (Tupkar) (Dist.Bhandara), then it will provide you proper information.

How to Use IFSC Code BKID0009223 for Online Transfers?

Once you have the IFSC Code BKID0009223 for the Murmadi Tupkar branch of Bank Of India in Murmadi (Tupkar) (Dist.Bhandara), you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code BKID0009223. 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 BKID0009223.

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 Murmadi Tupkar in Murmadi (Tupkar) (Dist.Bhandara), your payment can get delayed or might not go through at all.

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 Murmadi Tupkar, 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 Murmadi (Tupkar) (Dist.Bhandara) manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of India Murmadi Tupkar Murmadi (Tupkar) (Dist.Bhandara)?

The IFSC Code of the Murmadi Tupkar Murmadi (Tupkar) (Dist.Bhandara) branch is BKID0009223.

Is IFSC Code BKID0009223 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Bank Of India Murmadi Tupkar branch?

The branch is located at At Post Murmadi Tupkartah Lakhani Dist Bhandara.

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.