IFSC Code of Bank Of India, Bhadsena, Rajnandgaon, Chhattisgarh- BKID0009312

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 Bhadsena branch in Rajnandgaon, Rajnandgaon, Chhattisgarh, 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 Rajnandgaon or anywhere in Chhattisgarh can easily transfer funds instantly by using the correct IFSC Code BKID0009312. 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, Bhadsena, Rajnandgaon

Here are the key points that are associated with the IFSC Code BKID0009312 of Bank Of India for its branch located in Rajnandgaon, within the district of Rajnandgaon 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 Rajnandgaon for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code BKID0009312 for the Bhadsena 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 provided by the Reserve Bank of India. Every bank branch, along with Bank Of India located in Bhadsena, Rajnandgaon, Chhattisgarh, are allotted a unique IFSC like BKID0009312 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It clearly tells which bank branch it is in Rajnandgaon.
• It helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It prevents confusion between different branches of the same bank in places like Rajnandgaon and Rajnandgaon.
• It reduces errors in fund transfers and improves accuracy.
• It helps the sender banks to validate and confirm branch details before processing payments.

It makes sure that money sent to Bank Of India in Bhadsena reaches the right place, even though there are thousands of branches in Chhattisgarh and across India.

Format of the IFSC Code BKID0009312

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 Bhadsena in Rajnandgaon.

For example, the IFSC Code BKID0009312 of Bank Of India for the Bhadsena branch has these elements, identifying the bank and the branch location in Rajnandgaon and Chhattisgarh correctly.

How to Find IFSC Code for Bank Of India?

To find the IFSC Code BKID0009312 of Bank Of India for its Bhadsena branch located in Rajnandgaon, 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 Rajnandgaon and Rajnandgaon, 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 Bhadsena or Rajnandgaon to find the exact IFSC Code BKID0009312.

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 Rajnandgaon will provide accurate information.

How to Use IFSC Code BKID0009312 for Online Transfers?

Once you have the IFSC Code BKID0009312 for the Bhadsena branch of Bank Of India in Rajnandgaon, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0009312. Transfers are processed in batches. This is 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. Requires the recipient's account details and Bank Of India IFSC Code BKID0009312.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Bank Of India Bhadsena in Rajnandgaon 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 Bhadsena, 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 Rajnandgaon to handle online money transfers and get their cheques cleared smoothly.