IFSC Code of Bank Of India, Rustampur, Rustampur Dist Khandwa, Madhya Pradesh- BKID0009522

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 Rustampur branch in Rustampur (Dist. Khandwa), Rustampur Dist Khandwa, 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 Rustampur (Dist. Khandwa) or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code BKID0009522. 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, Rustampur, Rustampur (Dist. Khandwa)

The table below shows the main details of the IFSC Code BKID0009522 for the Bank Of India branch in Rustampur (Dist. Khandwa), which falls under the Rustampur Dist Khandwa district in Madhya Pradesh.

These details helps users in online banking and for businesses and individuals who use Bank Of India in Rustampur (Dist. Khandwa) for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0009522 for the Rustampur branch of Bank Of India plays a vital role.

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 BKID0009522 is given to every bank branch, including Bank Of India located in Rustampur, Rustampur (Dist. Khandwa), 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 Rustampur (Dist. Khandwa).
• 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 Rustampur (Dist. Khandwa) and Rustampur Dist Khandwa.
• 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 Rustampur doesn't end up at another location.

Format of the IFSC Code BKID0009522

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 Rustampur in Rustampur (Dist. Khandwa).

For example, the IFSC Code BKID0009522 of Bank Of India for the Rustampur branch includes these elements, identifying the bank and the branch location in Rustampur (Dist. Khandwa) and Madhya Pradesh accurately.

How to Find IFSC Code for Bank Of India?

If you are trying to find the IFSC Code BKID0009522 of Bank Of India for its Rustampur branch located in Rustampur (Dist. Khandwa), 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 Rustampur (Dist. Khandwa) and Rustampur Dist Khandwa, 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 Rustampur or Rustampur (Dist. Khandwa) to get the exact IFSC Code BKID0009522.

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 Rustampur (Dist. Khandwa) that will provide accurate information.

How to Use IFSC Code BKID0009522 for Online Transfers?

Once you have the IFSC Code BKID0009522 for the Rustampur branch of Bank Of India in Rustampur (Dist. Khandwa), you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code BKID0009522. The transfer is completed in batches. It is useful for both personal and business payments.

RTGS

Used for payments over ₹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 BKID0009522.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Bank Of India Rustampur in Rustampur (Dist. Khandwa), your payment can get delayed or might not go through at all.

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Bank Of India in Rustampur, you can find it by any of the following ways:

• Check the bottom of your cheque leaf.
• Go to the first page of your passbook.
• Visit the official Bank Of India website.
• Search the RBI portal.

Having both IFSC and MICR codes helps account holders in Rustampur (Dist. Khandwa) manage online transfers as well as cheque clearances with ease.