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 Narsinghgarh branch in Narsinghgarh, Narsinghgarh, 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 Narsinghgarh or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code BKID0009958. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Bank Of India, Narsinghgarh, Narsinghgarh
Here are some of the key details that come with the IFSC Code BKID0009958 of Bank Of India for its branch located in Narsinghgarh, within the district of Narsinghgarh in the state of Madhya Pradesh.
| Particulars | Details |
|---|---|
| Bank | Bank Of India |
| IFSC Code | BKID0009958 |
| Branch | Narsinghgarh |
| City | Narsinghgarh |
| District | Narsinghgarh |
| State | Madhya Pradesh |
| Address | Sam Complex Main Bazarnarsinghgarh Dist Rajgarh |
These details help users in online banking and for businesses and individuals who use Bank Of India in Narsinghgarh for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0009958 for the Narsinghgarh branch of Bank Of India has a very important 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 Narsinghgarh, Narsinghgarh, Madhya Pradesh, is provided a unique IFSC like BKID0009958 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Bank Of India branch in Narsinghgarh.
- 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 Narsinghgarh and Narsinghgarh.
- 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 Madhya Pradesh and the rest of India, the IFSC Code ensures that transactions meant for Bank Of India in Narsinghgarh do not get misguided to another person.
Format of the IFSC Code BKID0009958
The format of the IFSC Code for banks, including Bank Of India, has an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): Show the bank code. For Bank Of India, these letters represent the bank's short name.
- 5th character: Is always zero and is kept for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Narsinghgarh in Narsinghgarh.
For example, the IFSC Code BKID0009958 of Bank Of India for the Narsinghgarh branch includes these elements, identifying the bank and the branch location in Narsinghgarh and Madhya Pradesh correctly.
How to Find IFSC Code for Bank Of India?
If you are looking for the IFSC Code BKID0009958 of Bank Of India for its Narsinghgarh branch located in Narsinghgarh, 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 Narsinghgarh and Narsinghgarh, 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 Narsinghgarh or Narsinghgarh to get the exact IFSC Code BKID0009958.
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 Narsinghgarh, then it will provide you proper information.
How to Use IFSC Code BKID0009958 for Online Transfers?
Once you have the IFSC Code BKID0009958 for the Narsinghgarh branch of Bank Of India in Narsinghgarh, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code BKID0009958. The transfer is completed in batches. It is useful for both personal and business payments.
RTGS
Used for payments over ₹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 BKID0009958.
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 Narsinghgarh in Narsinghgarh, 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 Narsinghgarh, 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 Narsinghgarh manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is BKID0009958.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Sam Complex Main Bazarnarsinghgarh Dist Rajgarh located in Narsinghgarh, Narsinghgarh, Madhya Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.