There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Bank Of India for its Panth Piplai branch in Panth Piplai (Dist. Ujjain), Panth Piplai Dist Ujjain, Madhya Pradesh, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of Bank Of India situated in Panth Piplai (Dist. Ujjain) or anywhere in Madhya Pradesh can easily transfer funds instantly by using the correct IFSC Code BKID0009125. You should 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, Panth Piplai, Panth Piplai (Dist. Ujjain)

Here are some of the key details that come with the IFSC Code BKID0009125 of Bank Of India for its branch located in Panth Piplai (Dist. Ujjain), within the district of Panth Piplai Dist Ujjain in the state of Madhya Pradesh.

Particulars Details
Bank Bank Of India
IFSC Code BKID0009125
Branch Panth Piplai
City Panth Piplai (Dist. Ujjain)
District Panth Piplai Dist Ujjain
State Madhya Pradesh
Address At Post Panth Piplaitehsil Ujjain Dist Ujjain

These details help users in online banking and for businesses and individuals who use Bank Of India in Panth Piplai (Dist. Ujjain) for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0009125 for the Panth Piplai 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, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Bank Of India located in Panth Piplai, Panth Piplai (Dist. Ujjain), Madhya Pradesh, is provided with a unique IFSC like BKID0009125 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the Bank Of India branch in Panth Piplai (Dist. Ujjain).
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any errors or confusions between multiple branches of the same bank across different places like Panth Piplai (Dist. Ujjain) and Panth Piplai Dist Ujjain.
  • It reduces errors in fund transfers and improves accuracy.
  • It allows sender banks to validate and confirm branch details before processing payments.

There are thousands of branches across Madhya Pradesh and the rest of India and the IFSC Code ensures that transactions meant for Bank Of India in Panth Piplai do not get mixed with another location.

Format of the IFSC Code BKID0009125

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 Panth Piplai in Panth Piplai (Dist. Ujjain).

For example, the IFSC Code BKID0009125 of Bank Of India for the Panth Piplai branch includes these elements, identifying the bank and the branch location in Panth Piplai (Dist. Ujjain) and Madhya Pradesh accurately.

How to Find IFSC Code for Bank Of India?

To find the IFSC Code BKID0009125 of Bank Of India for its Panth Piplai branch located in Panth Piplai (Dist. Ujjain), 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 Panth Piplai (Dist. Ujjain) and Panth Piplai Dist Ujjain, 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 Panth Piplai or Panth Piplai (Dist. Ujjain) to find the exact IFSC Code BKID0009125.

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 Panth Piplai (Dist. Ujjain) will provide accurate information.

How to Use IFSC Code BKID0009125 for Online Transfers?

Once you have the IFSC Code BKID0009125 for the Panth Piplai branch of Bank Of India in Panth Piplai (Dist. Ujjain), you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0009125. 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 BKID0009125.

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 Panth Piplai in Panth Piplai (Dist. Ujjain), it can result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Bank Of India in Panth Piplai, here are some of the ways 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.

Knowing both IFSC and MICR code can help account holders in Panth Piplai (Dist. Ujjain) manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of India in Panth Piplai, Panth Piplai (Dist. Ujjain)?

The IFSC Code is BKID0009125.

Is the IFSC Code BKID0009125 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

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

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Panth Piplai branch?

The address of the branch is At Post Panth Piplaitehsil Ujjain Dist Ujjain located in Panth Piplai (Dist. Ujjain), Panth Piplai Dist Ujjain, 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.