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 Tilda Neora branch in Tilda (Cg), Tilda Cg, Chhattisgarh, 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 Tilda (Cg) or anywhere in Chhattisgarh can transfer funds instantly by using the correct IFSC Code BKID0009359. 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, Tilda Neora, Tilda (Cg)

The table below shows the main details of the IFSC Code BKID0009359 for the Bank Of India branch in Tilda (Cg), which falls under the Tilda Cg district in Chhattisgarh.

Particulars Details
Bank Bank Of India
IFSC Code BKID0009359
Branch Tilda Neora
City Tilda (Cg)
District Tilda Cg
State Chhattisgarh
Address Near Old Pani Tankiward No 10

These details are essential not only for online banking users but also for businesses and individuals who use Bank Of India in Tilda (Cg) for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0009359 for the Tilda Neora branch of Bank Of India plays an important 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 BKID0009359 is given to every bank branch, including Bank Of India located in Tilda Neora, Tilda (Cg), Chhattisgarh, 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 Tilda (Cg).
  • 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 Tilda (Cg) and Tilda Cg.
  • 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 Chhattisgarh and the rest of India, which is why the IFSC Code ensures that transactions meant for Bank Of India in Tilda Neora doesn't end up at another location.

Format of the IFSC Code BKID0009359

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 Tilda Neora in Tilda (Cg).

For example, the IFSC Code BKID0009359 of Bank Of India for the Tilda Neora branch includes these elements, identifying the bank and the branch location in Tilda (Cg) and Chhattisgarh accurately.

How to Find IFSC Code for Bank Of India?

If you are trying to find the IFSC Code BKID0009359 of Bank Of India for its Tilda Neora branch located in Tilda (Cg), 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 Tilda (Cg) and Tilda Cg, 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 Tilda Neora or Tilda (Cg) to get the exact IFSC Code BKID0009359.

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 Tilda (Cg), you'll get the correct details.

How to Use IFSC Code BKID0009359 for Online Transfers?

If you have the IFSC Code BKID0009359 for the Tilda Neora branch of Bank Of India in Tilda (Cg), you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0009359. Transfers are processed in batches. 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. Asks for the recipient's account details and Bank Of India IFSC Code BKID0009359.

Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Bank Of India Tilda Neora in Tilda (Cg), it may result in delayed or failed transactions.

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 Tilda Neora, 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 Tilda (Cg) manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of India in Tilda Neora, Tilda (Cg)?

The IFSC Code is BKID0009359.

Is the IFSC Code BKID0009359 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

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

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Tilda Neora branch?

The address of the branch is Near Old Pani Tankiward No 10 located in Tilda (Cg), Tilda Cg, Chhattisgarh.

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.