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 Bilkisganj branch in Sehore, Sehore, 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 Sehore or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code BKID0MG0352. 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, Bilkisganj, Sehore

Here are the main details that are associated with the IFSC Code BKID0MG0352 of Bank Of India for its branch located in Sehore, within the district of Sehore in the state of Madhya Pradesh.

Particulars Details
Bank Bank Of India
IFSC Code BKID0MG0352
Branch Bilkisganj
City Sehore
District Sehore
State Madhya Pradesh
Address Near Bus Stand Bilkisganj Tehdist Sehore

These details helps users in online banking and for businesses and individuals who use Bank Of India in Sehore for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0MG0352 for the Bilkisganj 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Bank Of India located in Bilkisganj, Sehore, Madhya Pradesh, is provided a unique IFSC like BKID0MG0352 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Bank Of India branch in Sehore.
  • 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 Sehore and Sehore.
  • 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 Madhya Pradesh and the rest of India, the IFSC Code ensures that transactions meant for Bank Of India in Bilkisganj do not get misguided to another person.

Format of the IFSC Code BKID0MG0352

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 Bilkisganj in Sehore.

For example, the IFSC Code BKID0MG0352 of Bank Of India for the Bilkisganj branch includes these elements, identifying the bank and the branch location in Sehore and Madhya Pradesh accurately.

How to Find IFSC Code for Bank Of India?

If you are trying to find the IFSC Code BKID0MG0352 of Bank Of India for its Bilkisganj branch located in Sehore, 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 Sehore and Sehore, 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 Bilkisganj or Sehore to get the exact IFSC Code BKID0MG0352.

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 Sehore, you'll get the correct details.

How to Use IFSC Code BKID0MG0352 for Online Transfers?

Once you have the IFSC Code BKID0MG0352 for the Bilkisganj branch of Bank Of India in Sehore, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0MG0352. 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 BKID0MG0352.

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 Bilkisganj in Sehore 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 Bilkisganj, 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 Sehore to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of India in Bilkisganj, Sehore?

The IFSC Code is BKID0MG0352.

Is the IFSC Code BKID0MG0352 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and IFSC is for online transfers.

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

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Bilkisganj branch?

The address of the branch is Near Bus Stand Bilkisganj Tehdist Sehore located in Sehore, Sehore, 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.

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