IFSC Code of Bank Of India, Ujjain Zonal Office, Ujjain, Madhya Pradesh- BKID000ZO74

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 Ujjain Zonal Office branch in Ujjain, Ujjain, Madhya Pradesh, 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 Ujjain or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code BKID000ZO74. 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, Ujjain Zonal Office, Ujjain

The table below shows the main details of the IFSC Code BKID000ZO74 for the Bank Of India branch in Ujjain, which falls under the Ujjain district in Madhya Pradesh.

These details are crucial, not just for online banking users but also for businesses and individuals who use Bank Of India in Ujjain for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID000ZO74 for the Ujjain Zonal Office branch of Bank Of India has 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 BKID000ZO74 is given to every bank branch, including Bank Of India located in Ujjain Zonal Office, Ujjain, 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 Ujjain.
• 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 Ujjain and Ujjain.
• 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 Ujjain Zonal Office doesn't end up at another location.

Format of the IFSC Code BKID000ZO74

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 Ujjain Zonal Office in Ujjain.

For example, the IFSC Code BKID000ZO74 of Bank Of India for the Ujjain Zonal Office 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 BKID000ZO74 of Bank Of India for its Ujjain Zonal Office branch located in Ujjain, 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 Ujjain and Ujjain, 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 Ujjain Zonal Office or Ujjain to get the exact IFSC Code BKID000ZO74.

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 Ujjain, you'll get the correct details.

How to Use IFSC Code BKID000ZO74 for Online Transfers?

Once you have the IFSC Code BKID000ZO74 for the Ujjain Zonal Office branch of Bank Of India in Ujjain, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID000ZO74. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. You need the recipient's account details and Bank Of India IFSC Code BKID000ZO74.

Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Bank Of India Ujjain Zonal Office in Ujjain, it can 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 Ujjain Zonal Office, here are some ways to obtain 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.

Having both the IFSC and MICR codes makes it easy for account holders in Ujjain to handle online money transfers and get their cheques cleared smoothly.