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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Bank Of India for its Pipariya branch in Pipariya (Mp), Pipariya Mp, Madhya Pradesh, then this guide will give you detailed information.

The banking system has evolved significantly in India, and today the customers of Bank Of India located in Pipariya (Mp) or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code BKID0009036. 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, Pipariya, Pipariya (Mp)

Here are the main details that are associated with the IFSC Code BKID0009036 of Bank Of India for its branch located in Pipariya (Mp), within the district of Pipariya Mp in the state of Madhya Pradesh.

Particulars Details
Bank Bank Of India
IFSC Code BKID0009036
Branch Pipariya
City Pipariya (Mp)
District Pipariya Mp
State Madhya Pradesh
Address Purana Galla Bazar Zakir Hussain Wardpipariya District Hoshangabad

These details are important not only for users using online banking but also for businesses and individuals who use Bank Of India in Pipariya (Mp) for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code BKID0009036 for the Pipariya branch of Bank Of India is vital.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like BKID0009036 is given to every bank branch, including Bank Of India located in Pipariya, Pipariya (Mp), Madhya Pradesh, to make sure that online payments reach the right place.

The IFSC Code is important because:

  • It uniquely identifies the Bank Of India branch in Pipariya (Mp).
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any kind of confusion between multiple branches of the same bank across different places like Pipariya (Mp) and Pipariya Mp.
  • It removes errors in fund transfers and improves accuracy.
  • It lets the sender banks validate and confirm branch details before they process the payments.

There are thousands of branches across Madhya Pradesh and the rest of India, which is why the IFSC Code ensures that transactions meant for Bank Of India in Pipariya doesn't end up at another location.

Format of the IFSC Code BKID0009036

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 Pipariya in Pipariya (Mp).

For example, the IFSC Code BKID0009036 of Bank Of India for the Pipariya branch includes these elements, identifying the bank and the branch location in Pipariya (Mp) and Madhya Pradesh accurately.

How to Find IFSC Code for Bank Of India?

If you are trying to find the IFSC Code BKID0009036 of Bank Of India for its Pipariya branch located in Pipariya (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

You can easily find the IFSC and MICR codes because most banks, including Bank Of India branches in Pipariya (Mp) and Pipariya Mp, print them 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 Pipariya or Pipariya (Mp) to get the exact IFSC Code BKID0009036.

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 Pipariya (Mp), you'll get the correct details.

How to Use IFSC Code BKID0009036 for Online Transfers?

If you have the IFSC Code BKID0009036 for the Pipariya branch of Bank Of India in Pipariya (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 BKID0009036. 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 BKID0009036.

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 Pipariya in Pipariya (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 Pipariya, here are some ways to obtain 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.

Having both the IFSC and MICR codes makes it easy for account holders in Pipariya (Mp) to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of India Pipariya Pipariya (Mp)?

The IFSC Code of the Pipariya Pipariya (Mp) branch is BKID0009036.

Is IFSC Code BKID0009036 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 Pipariya branch?

The branch is located at Purana Galla Bazar Zakir Hussain Wardpipariya District Hoshangabad.

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.