IFSC Code of Bank Of India, Nagziri Ujjain, Ujjain, Madhya Pradesh- BKID0009136

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 Nagziri Ujjain branch in Ujjain, Ujjain, 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 Ujjain or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code BKID0009136. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Bank Of India, Nagziri Ujjain, Ujjain

Here are the key points that are associated with the IFSC Code BKID0009136 of Bank Of India for its branch located in Ujjain, within the district of Ujjain 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 Ujjain for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0009136 for the Nagziri Ujjain 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Bank Of India located in Nagziri Ujjain, Ujjain, Madhya Pradesh, is provided a unique IFSC like BKID0009136 so that their online payments reach the right place.

The IFSC Code is important because:

• It uniquely recognizes the Bank Of India branch in Ujjain.
• 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 Ujjain and Ujjain.
• 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 Nagziri Ujjain do not get misguided to another person.

Format of the IFSC Code BKID0009136

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): 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 Nagziri Ujjain in Ujjain.

For example, the IFSC Code BKID0009136 of Bank Of India for the Nagziri Ujjain branch includes these elements, identifying the bank and the branch location in Ujjain and Madhya Pradesh accurately.

How to Find IFSC Code for Bank Of India?

If you are trying to find the IFSC Code BKID0009136 of Bank Of India for its Nagziri Ujjain branch located in Ujjain, the following methods can help:

Cheque Book

The cheque books that are issued by Bank Of India include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

Most banks, including Bank Of India branches in Ujjain and Ujjain, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Bank Of India and find the branch locator section. Search for Nagziri Ujjain or Ujjain to get the exact IFSC Code BKID0009136.

Mobile Banking App

If you use Bank Of India's mobile app, you can easily 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 to help you in searching for Bank Of India and Ujjain that will provide accurate information.

How to Use IFSC Code BKID0009136 for Online Transfers?

Once you have the IFSC Code BKID0009136 for the Nagziri Ujjain branch of Bank Of India in Ujjain, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code BKID0009136. The transfer is completed in batches. It is useful for both personal and business payments.

RTGS

Used for payments over ₹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 BKID0009136.

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 Nagziri Ujjain in Ujjain, your payment can get delayed or might not go through at all.

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 Nagziri Ujjain, 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 Ujjain manage online transfers as well as cheque clearances with ease.