IFSC Code of Bank Of India, Devendra Nagar Raipur, Raipur, Chhattisgarh — BKID0009351

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 Devendra Nagar Raipur branch in Raipur, Raipur, Chhattisgarh, 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 Raipur or anywhere in Chhattisgarh can transfer funds instantly by using the correct IFSC Code BKID0009351. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Bank Of India, Devendra Nagar Raipur, Raipur

Here are the main details that are associated with the IFSC Code BKID0009351 of Bank Of India for its branch located in Raipur, within the district of Raipur in the state of Chhattisgarh.

These details are important not only for users using online banking but also for businesses and individuals who use Bank Of India in Raipur for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code BKID0009351 for the Devendra Nagar Raipur branch of Bank Of India is vital.

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 Devendra Nagar Raipur, Raipur, Chhattisgarh, is provided a unique IFSC like BKID0009351 so that their online payments reach the right place.

The IFSC Code is important because:

• It uniquely recognizes the Bank Of India branch in Raipur.
• 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 Raipur and Raipur.
• 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 Chhattisgarh and the rest of India, the IFSC Code ensures that transactions meant for Bank Of India in Devendra Nagar Raipur do not get misguided to another person.

Format of the IFSC Code BKID0009351

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

AAAA0CCCCCC

Here's the breakdown:

• First 4 characters (AAAA): These represent the bank code. In Bank Of India, they are a short identifier for the bank.
• 5th character (0): This is always zero and is reserved for future use.
• Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Devendra Nagar Raipur in Raipur.

For example, the IFSC Code BKID0009351 of Bank Of India for the Devendra Nagar Raipur branch has these elements, identifying the bank and the branch location in Raipur and Chhattisgarh correctly.

How to Find IFSC Code for Bank Of India?

If you are trying to find the IFSC Code BKID0009351 of Bank Of India for its Devendra Nagar Raipur branch located in Raipur, the following methods can help:

Cheque Book

The cheque books that are issued by Bank Of India include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

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

Bank Website

Visit the official website of Bank Of India and find the branch locator section. Search for Devendra Nagar Raipur or Raipur to get the exact IFSC Code BKID0009351.

Mobile Banking App

If you use Bank Of India's mobile app, you can easily 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 to help you in searching for Bank Of India and Raipur that will provide accurate information.

How to Use IFSC Code BKID0009351 for Online Transfers?

Once you have the IFSC Code BKID0009351 for the Devendra Nagar Raipur branch of Bank Of India in Raipur, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0009351. 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 BKID0009351.

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 Devendra Nagar Raipur in Raipur, it can 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 Devendra Nagar Raipur, 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 Raipur to handle online money transfers and get their cheques cleared smoothly.