There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Bank Of India for its Tukaithad branch in Tukaithad (Dist. Burhanpur), Tukaithad Dist Burhanpur, Madhya Pradesh, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of Bank Of India situated in Tukaithad (Dist. Burhanpur) or anywhere in Madhya Pradesh can easily transfer funds instantly by using the correct IFSC Code BKID0009526. You should 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, Tukaithad, Tukaithad (Dist. Burhanpur)

Below in the table are the key details related to IFSC Code BKID0009526 of Bank Of India for its branch located in Tukaithad (Dist. Burhanpur), within the district of Tukaithad Dist Burhanpur in the state of Madhya Pradesh.

Particulars Details
Bank Bank Of India
IFSC Code BKID0009526
Branch Tukaithad
City Tukaithad (Dist. Burhanpur)
District Tukaithad Dist Burhanpur
State Madhya Pradesh
Address Village Post Tukaithaddistrict Burhanpur

These details are important not only for users using online banking but also for businesses and individuals who use Bank Of India in Tukaithad (Dist. Burhanpur) for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code BKID0009526 for the Tukaithad 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 that is provided by the Reserve Bank of India. A unique IFSC like BKID0009526 is given to every bank branch, including Bank Of India located in Tukaithad, Tukaithad (Dist. Burhanpur), 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 Tukaithad (Dist. Burhanpur).
  • 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 Tukaithad (Dist. Burhanpur) and Tukaithad Dist Burhanpur.
  • 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 Tukaithad doesn't end up at another location.

Format of the IFSC Code BKID0009526

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 Tukaithad in Tukaithad (Dist. Burhanpur).

For example, the IFSC Code BKID0009526 of Bank Of India for the Tukaithad branch includes these elements, identifying the bank and the branch location in Tukaithad (Dist. Burhanpur) and Madhya Pradesh accurately.

How to Find IFSC Code for Bank Of India?

To find the IFSC Code BKID0009526 of Bank Of India for its Tukaithad branch located in Tukaithad (Dist. Burhanpur), the following methods can help you out:

Cheque Book

The cheque book issued by Bank Of India includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.

Passbook

Most banks, including Bank Of India branches in Tukaithad (Dist. Burhanpur) and Tukaithad Dist Burhanpur, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Bank Of India and go to the branch locator section. Then search for Tukaithad or Tukaithad (Dist. Burhanpur) to find the exact IFSC Code BKID0009526.

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 maintains an updated database of all IFSC codes. Searching for Bank Of India and Tukaithad (Dist. Burhanpur) will provide accurate information.

How to Use IFSC Code BKID0009526 for Online Transfers?

Once you have the IFSC Code BKID0009526 for the Tukaithad branch of Bank Of India in Tukaithad (Dist. Burhanpur), you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0009526. 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 BKID0009526.

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 Tukaithad in Tukaithad (Dist. Burhanpur) 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 Tukaithad, 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 Tukaithad (Dist. Burhanpur) manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of India in Tukaithad, Tukaithad (Dist. Burhanpur)?

The IFSC Code is BKID0009526.

Is the IFSC Code BKID0009526 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 Tukaithad?

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 Tukaithad branch?

The address of the branch is Village Post Tukaithaddistrict Burhanpur located in Tukaithad (Dist. Burhanpur), Tukaithad Dist Burhanpur, 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.