IFSC Code of Bank Of India, Tillor, Tillor Dist Indore, Madhya Pradesh- BKID0008817

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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Bank Of India for its Tillor branch in Tillor (Dist. Indore), Tillor Dist Indore, or Madhya Pradesh, this guide will help you with all the details.

There have been major changes in the banking sector in India and today, the customers of Bank Of India located in Tillor (Dist. Indore) or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code BKID0008817. 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, Tillor, Tillor (Dist. Indore)

Here are the key points that are associated with the IFSC Code BKID0008817 of Bank Of India for its branch located in Tillor (Dist. Indore), within the district of Tillor Dist Indore in the state of Madhya Pradesh.

These details are essential not only for online banking users but also for businesses and individuals who use Bank Of India in Tillor (Dist. Indore) for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0008817 for the Tillor 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 provided by the Reserve Bank of India. Every bank branch, including Bank Of India located in Tillor, Tillor (Dist. Indore), Madhya Pradesh, is provided with a unique IFSC like BKID0008817 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It uniquely identifies the Bank Of India branch in Tillor (Dist. Indore).
• 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 Tillor (Dist. Indore) and Tillor Dist Indore.
• 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 Tillor do not get mixed with another location.

Format of the IFSC Code BKID0008817

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 Tillor in Tillor (Dist. Indore).

For example, the IFSC Code BKID0008817 of Bank Of India for the Tillor branch has these elements, identifying the bank and the branch location in Tillor (Dist. Indore) and Madhya Pradesh correctly.

How to Find IFSC Code for Bank Of India?

If you are trying to find the IFSC Code BKID0008817 of Bank Of India for its Tillor branch located in Tillor (Dist. Indore), 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 Tillor (Dist. Indore) and Tillor Dist Indore, 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 Tillor or Tillor (Dist. Indore) to get the exact IFSC Code BKID0008817.

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 Tillor (Dist. Indore), you'll get the correct details.

How to Use IFSC Code BKID0008817 for Online Transfers?

If you have the IFSC Code BKID0008817 for the Tillor branch of Bank Of India in Tillor (Dist. Indore), you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0008817. 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 BKID0008817.

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 Tillor in Tillor (Dist. Indore), it 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 Tillor, here are some ways that 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.

If you know both IFSC and MICR codes, then it can help account holders in Tillor (Dist. Indore) manage online transfers as well as cheque clearances with ease.