IFSC Code of Bank Of India, Susner, Susner Distt Shajapur Mp, Madhya Pradesh — BKID0009568

The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Bank Of India for its Susner branch in Susner (Distt Shajapur Mp), Susner Distt Shajapur Mp, Madhya Pradesh, this complete guide will provide you with detailed information.

The banking system in India has changed over the years, and today customers of Bank Of India located in Susner (Distt Shajapur Mp) or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code BKID0009568. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Bank Of India, Susner, Susner (Distt Shajapur Mp)

Here are the main details that are associated with the IFSC Code BKID0009568 of Bank Of India for its branch located in Susner (Distt Shajapur Mp), within the district of Susner Distt Shajapur Mp in the state of Madhya Pradesh.

These details are important not only for users using online banking but also for businesses and individuals who use Bank Of India in Susner (Distt Shajapur Mp) for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code BKID0009568 for the Susner 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, including Bank Of India located in Susner, Susner (Distt Shajapur Mp), Madhya Pradesh, is provided with a unique IFSC like BKID0009568 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It uniquely identifies the Bank Of India branch in Susner (Distt Shajapur Mp).
• It helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It avoids any errors or confusions between multiple branches of the same bank across different places like Susner (Distt Shajapur Mp) and Susner Distt Shajapur Mp.
• It reduces errors in fund transfers and improves accuracy.
• It allows sender banks to validate and confirm branch details before processing payments.

There are thousands of branches across Madhya Pradesh and the rest of India and the IFSC Code ensures that transactions meant for Bank Of India in Susner do not get mixed with another location.

Format of the IFSC Code BKID0009568

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

AAAA0CCCCCC

Here's the breakdown:

• First 4 characters (AAAA): Show the bank code. For Bank Of India, these letters represent the bank's short name.
• 5th character: Is always zero and is kept for future use.
• Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Susner in Susner (Distt Shajapur Mp).

For example, the IFSC Code BKID0009568 of Bank Of India for the Susner branch includes these elements, identifying the bank and the branch location in Susner (Distt Shajapur Mp) and Madhya Pradesh correctly.

How to Find IFSC Code for Bank Of India?

If you are trying to find the IFSC Code BKID0009568 of Bank Of India for its Susner branch located in Susner (Distt Shajapur 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

Most banks, including Bank Of India branches in Susner (Distt Shajapur Mp) and Susner Distt Shajapur Mp, print the IFSC and MICR codes 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 Susner or Susner (Distt Shajapur Mp) to get the exact IFSC Code BKID0009568.

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 Susner (Distt Shajapur Mp), you'll get the correct details.

How to Use IFSC Code BKID0009568 for Online Transfers?

Once you have the IFSC Code BKID0009568 for the Susner branch of Bank Of India in Susner (Distt Shajapur Mp), you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code BKID0009568. The transfer is completed in batches instead of instantly. It is useful for both 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 BKID0009568.

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 Susner in Susner (Distt Shajapur Mp), your payment can get delayed or might not go through at all.

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Bank Of India in Susner, here are some of the ways you can get 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.

Knowing both IFSC and MICR code can help account holders in Susner (Distt Shajapur Mp) manage their online transfers and cheque clearances easily.