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 Narsinghpur branch in Narsinghpur Mp, Narsinghpur Mp, 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 Narsinghpur Mp or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code BKID0009436. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Bank Of India, Narsinghpur, Narsinghpur Mp

Below in the table are the key details related to IFSC Code BKID0009436 of Bank Of India for its branch located in Narsinghpur Mp, within the district of Narsinghpur Mp in the state of Madhya Pradesh.

Particulars Details
Bank Bank Of India
IFSC Code BKID0009436
Branch Narsinghpur
City Narsinghpur Mp
District Narsinghpur Mp
State Madhya Pradesh
Address Purnkala Opp Lic Of India Civil Linesnarsinghpur

These details are crucial, not just for online banking users but also for businesses and individuals who use Bank Of India in Narsinghpur Mp for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0009436 for the Narsinghpur 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Bank Of India located in Narsinghpur, Narsinghpur Mp, Madhya Pradesh, is provided a unique IFSC like BKID0009436 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Bank Of India branch in Narsinghpur Mp.
  • 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 Narsinghpur Mp and Narsinghpur Mp.
  • 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 Narsinghpur do not get misguided to another person.

Format of the IFSC Code BKID0009436

The format of the IFSC Code for banks, including Bank Of India, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown of this:

  • First 4 characters (AAAA): Represent the bank code. For Bank Of India, these characters are the bank's short identifier.
  • 5th character (0): Always zero which is reserved for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Narsinghpur in Narsinghpur Mp.

For example, the IFSC Code BKID0009436 of Bank Of India for the Narsinghpur branch includes these elements, identifying the bank and the branch location in Narsinghpur Mp and Madhya Pradesh accurately.

How to Find IFSC Code for Bank Of India?

If you are trying to find the IFSC Code BKID0009436 of Bank Of India for its Narsinghpur branch located in Narsinghpur Mp, the following methods can help:

Cheque Book

The cheque book issued by Bank Of India includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.

Passbook

Most banks, including Bank Of India branches in Narsinghpur Mp and Narsinghpur Mp, print the IFSC and MICR codes on the first page of your passbook.

Bank Website

Visit the official website of Bank Of India and navigate to the branch locator section. Search for Narsinghpur or Narsinghpur Mp to get the exact IFSC Code BKID0009436.

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 keeps an updated list of all IFSC codes. If you search for Bank Of India and Narsinghpur Mp, you'll get the correct details.

How to Use IFSC Code BKID0009436 for Online Transfers?

If you have the IFSC Code BKID0009436 for the Narsinghpur branch of Bank Of India in Narsinghpur Mp, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0009436. 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 BKID0009436.

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 Narsinghpur in Narsinghpur Mp, 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 Narsinghpur, 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 Narsinghpur Mp manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of India in Narsinghpur, Narsinghpur Mp?

The IFSC Code is BKID0009436.

Is the IFSC Code BKID0009436 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

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

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

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Narsinghpur branch?

The address of the branch is Purnkala Opp Lic Of India Civil Linesnarsinghpur located in Narsinghpur Mp, Narsinghpur Mp, Madhya Pradesh.

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.