IFSC Code of Bank Of India, Madhya Pradesh, Dhar, Gardawad
BKID0009824
Bank Of India
| IFSC Code |
BKID0009824 |
|---|---|
| MICR Code |
454013521 |
| Bank Name | Bank Of India |
| District | Dhar |
| State | Madhya Pradesh |
| Address | Vill Po Gardawad Tehshil Dhar District Dhar Mp 454001 |
| Phone | +918497693167 |
UPI
Available
NEFT
Available
RTGS
Available
IMPS
Available
IFSC Code of the Bank Of India Branch Near You
List of all Bank Of India Branch IFSC Code
Ahoo
BKID0MG6071
AHOO
Ajanda
BKID0MG6040
AJANDA
Ali
BKID0MG6081
ALI
Ambada
BKID0MG6080
AMBADA
Amjhera
BKID0MG6063
AMJHERA
Badnawar
BKID0MG6084
BADNAWAR
Bagdi
BKID0MG6095
BAGDI
Bagh
BKID0MG6015
BAGH
Bakaner
BKID0MG6083
BAKANER
Bakhatgarh
BKID0MG6010
BAKHATGARH
Barmandal
BKID0MG6008
BARMANDAL
Bhensola
BKID0MG6030
BHENSOLA
Bidawal
BKID0MG6101
BIDAWAL
Bodhwada
BKID0MG6035
BODHWADA
Chadawad
BKID0MG6016
CHADAWAD
Dahi
BKID0MG6066
DAHI
Dasai
BKID0MG6093
DASAI
Dattigara
BKID0MG6004
DATTIGARA
Dedla
BKID0MG6025
DEDLA
Dehri
BKID0MG6014
DEHRI
Dhamnod
BKID0MG6072
DHAMNOD
Dhar
BKID0MG6013
DHAR
Dhar
BKID0009800
8BOHRA BAKHAL DHARMADHYA PRADESH 454 001
Dhar Zonal Office
BKID000ZO98
PLOT NO 58 AND 59 VASANT VIHAR COLONY WARD NO 04 GRA DHAR DIST DHAR MADHYA PRADESH PIN 454001
DharamPuri
BKID0009822
AT KHALGHAT MANAWAR ROADDHARAMPURI JUNCTION
DharamPuri
BKID0MG6022
DHARAMPURI
Dholana
BKID0MG6070
DHOLANA
Dhulet
BKID0MG6029
DHULET
Dighthan
BKID0MG6098
DIGHTHAN
Gandhwani
BKID0MG6042
GANDHWANI
Gandhwani
BKID0008847
354 BUS STAND GANDHWANIDISSTT DHAR MP PIN 454350
GanPur
BKID0MG6079
GANPUR
Ghatabillod
BKID0MG6088
GHATABILLOD
Gujari
BKID0MG6009
GUJARI
Gunawad
BKID0MG6096
GUNAWAD
Jeerabad
BKID0MG6043
JEERABAD
Jolana
BKID0MG6001
JOLANA
Kailash Nagar
BKID0MG6003
KAILASH NAGAR
Kalibawadi
BKID0MG6041
KALIBAWADI
Kanwan
BKID0MG6077
KANWAN
Karodkala
BKID0MG6049
KARODKALA
Karoli
BKID0MG6017
KAROLI
Khachroda
BKID0MG6006
KHACHRODA
Khalghat
BKID0MG6002
KHALGHAT
Kod
BKID0MG6099
KOD
Kukshi
BKID0MG6011
KUKSHI
Labriya
BKID0MG6021
LABRIYA
Lohari
BKID0MG6033
LOHARI
Longsari
BKID0009823
VILL AND PO LONGSARI TEHSHIL DHAR DISTRICT DHAR MP 454221
Lunhera Bu
BKID0MG6059
LUNHERA BU.
Manawar
BKID0MG6012
MANAWAR
Mandu
BKID0MG6103
MANDU
Nagada
BKID0MG6044
NAGADA
Nalchha
BKID0MG6052
NALCHHA
NisarPur
BKID0MG6086
NISARPUR
Padiyal
BKID0MG6067
PADIYAL
Pipliya
BKID0MG6069
PIPLIYA
PithamPur
BKID0MG6090
PITHAMPUR
PithamPur Indus
BKID0MG6007
PITHAMPUR INDUS.
Rajgarh
BKID0MG6020
RAJGARH
Rajod
BKID0MG6076
RAJOD
Regional Office Dhar
BKID0MG6000
1093, SILVER HILLS, INDORE AHEMDABAD ROAD,DHAR
Ringnod
BKID0MG6075
RINGNOD
SadalPur
BKID0MG6094
SADALPUR
SalkanPur
BKID0MG6057
SALKANPUR
Sandala
BKID0MG6060
SANDALA
SardarPur
BKID0MG6045
SARDARPUR
Semalda
BKID0MG6058
SEMALDA
Singhana
BKID0MG6024
SINGHANA
Sundrel
BKID0MG6005
SUNDREL
Susari
BKID0MG6046
SUSARI
Tanda
BKID0MG6064
TANDA
Tawalai
BKID0MG6023
TAWALAI
Teesgaon
BKID0MG6026
TEESGAON
Tilgara
BKID0MG6031
TILGARA
Tirla
BKID0MG6100
TIRLA
Trimurti Nagar
BKID0MG6089
TRIMURTI NAGAR
Trimurti Nagar Dhar
BKID0008846
70 TRIMURTI NAGAR DHARDISTT DHAR MP
Umarban
BKID0MG6039
UMARBAN
What is an IFSC Code?
The Indian Financial System Code (IFSC) is an 11-character alphanumeric code issued by the Reserve Bank of India to every bank branch in India. This code is used to uniquely identify each branch and facilitates easy electronic payments. In the Indian banking system, the IFSC code is essential for smooth electronic transactions like NEFT, RTGS, and IMPS. Each IFSC code is specifically assigned to a branch, making it easily identifiable and ensuring every transaction is executed perfectly.
IFSC Code Structure
The IFSC code is an 11-character code that follows the structure below:
- First Four Characters: Alphabets indicating the bank's name. In "BANK0123456," "BANK" signifies the bank.
- Fifth Character: This is always '0' (zero), reserved for future use to ensure flexibility.
- Last Six Characters: Either alphabets or numbers characterizing the specific branch of the bank.
Example: In the IFSC code "SBIN0016654," "SBIN" identifies the bank, and "016654" identifies the branch. This unique format makes every branch easily identifiable.
How to Obtain the IFSC Code
Finding an IFSC code is easy. Here are a few methods:
- Cheque Book: Look at the upper-left section of the cheque leaves issued by the bank for your IFSC code.
- Bank Passbook: The IFSC code is also provided on the first page of the bank passbook given when you open an account.
- Official Website of the Bank: Nearly all banks offer an online search facility where you can find the IFSC code of their branches.
- Online Banking Portals: Within online banking services, you can find the IFSC code for your branch or any other.
- Mobile Banking Apps: Most banking apps have an option for branch details, where you can check the IFSC code.
- RBI Website: The Reserve Bank of India maintains a comprehensive list of all banks and their branches with their respective IFSC codes.
- Third-Party Websites: Some third-party websites that offer fund transfer services provide the IFSC code based on the bank and branch name.
Why is the IFSC Code Important in Fund Transfers?
The IFSC code is crucial for various electronic fund transfers. Here’s how it is used in different payment systems:
- NEFT (National Electronic Funds Transfer): IFSC Codes facilitate the transfer of funds from one bank account to another in India, ensuring transactions are forwarded to the right bank and branch smoothly and without mistakes.
- RTGS (Real-Time Gross Settlement): For high-value transactions, the IFSC code ensures secure and instant monetary transfers through real-time gross settlement.
- IMPS (Immediate Payment Service): The IFSC code enables instant fund transfers, especially between different banks. IMPS operates 24/7, and the IFSC code ensures the transaction is directed to the correct branch instantly.
- Error Prevention: Using the correct IFSC code reduces the chance of remitting money to the wrong account due to an incorrectly entered IFSC code. It acts as a control checkpoint to ensure the transaction is being sent to the intended recipient's bank branch.
What is the Use of an IFSC Code?
The IFSC code has numerous uses within the banking system:
- Enable Electronic Transfers: IFSC codes are essential for electronic transactions such as NEFT, RTGS, and IMPS. No transaction can be made without this code.
- Unique Identification of Bank Branch: Every IFSC code uniquely identifies a particular bank branch to ensure transactions reach the right destination.
- Ensures Risk-Free Transactions: The IFSC code ensures that money reaches the correct bank and branch, eliminating errors in the transaction process.
- Enables Online Banking: IFSC codes are crucial when adding a new beneficiary in online banking systems, ensuring the correct routing of funds.
Importance of Loan and Interest Calculator
Calculators are indispensable tools for financial planning, helping users make informed decisions. Here are some of the most commonly used types:
Loan Calculators
- Loan Calculator Vehicle: Helps determine monthly payments for vehicle loans.
- Loan Calculator 30 Year: Calculates monthly payments for a 30-year loan term.
- Loan Calculator Yearly Payment: Provides an annual breakdown of loan payments.
- Loan Calculator VA: Tailored for VA loans, assisting veterans in calculating their mortgage payments.
EMI Calculators
- EMI Calculator for Home Loan: Calculates the Equated Monthly Installment (EMI) for home loans.
- EMI Calculator US: Designed for users in the US to compute their home loan EMIs.
- EMI Calculator on Home Loan: Another tool for calculating home loan EMIs, ensuring accurate monthly payment estimates.
Interest Calculators
- Interest calculator yearly: Calculates the annual interest on loans or investments.
SIP Calculators
- SIP Calculator India: Designed for Indian investors to calculate returns on Systematic Investment Plans (SIPs).
- SIP Calculator Return: Estimates the returns on SIP investments.
- SIP Calculator Mutual Fund: Calculates potential returns from mutual fund SIPs.
- SIP Calculator Months: Provides monthly breakdowns of SIP investments.
- SIP Calculator Online: An online tool for calculating SIP returns.
- SIP Calculator Yearly: Offers yearly projections of SIP returns.
PPF Calculators
- PPF Calculator India: Calculates returns on Public Provident Fund (PPF) investments in India.
- PPF Generator: Generates detailed reports on PPF investments.
- PPF Calculator 15 years: Estimates returns over a 15-year period.
- PPF Calculator 30 years: Projects returns over a 30-year period
Conclusion
The IFSC code is a vital part of the Indian banking world, ensuring safe and easy online fund transfers. Whether you are doing NEFT, RTGS, or IMPS, the IFSC code ensures that your money reaches its intended destination. It is also significant in handling cheques, where the MICR code plays an important role. Together, these codes are crucial in enabling the smooth operation of banking transactions. Understanding their importance and correct use is indispensable for anyone dealing with electronic transactions in India.
Frequently Asked Questions
The IFSC code ensures the correct routing of electronic fund transfers to the concerned bank's particular branch, reducing errors and making transactions secure.
The IFSC code can be found on the bank's checkbook, passbook, official website, RBI website, or mobile banking application.
No, different branches of every bank have different IFSC codes to identify each branch correctly for internet-based transactions.
If you enter the wrong IFSC code while transferring funds, the transaction may be declined or sent to the wrong bank. Immediately contact your bank to rectify the issue.
The IFSC code comprises 11 characters: the first four characters represent the bank, the fifth is '0', and the remaining six describe the specific branch.
No, the IFSC code is designed for domestic electronic fund transfers in India. International transactions are made using SWIFT codes.
Latest Blog Posts
-
Advance EMIs Explained: How Early Payments Can Save You Money & Strengthen Your Credit
Paying EMIs in advance reduces loan interest, boosts your credit score, and lightens monthly burdens. Discover how advance EMIs improve your financial health.
-
Car Loan EMI Calculation Made Simple: Save More with Smart Planning
Calculate your car loan EMIs in seconds! Use our smart EMI calculator to compare options, save on interest, and plan your finances confidently.
-
Home Loans vs SIP Investments: Choose the Smarter Option for Your Future
Confused between SIP investments and home loans? Learn the pros and cons of each to make smarter, goal-based financial decisions. Find out what suits you best.
-
How to Accurately Calculate EMIs for Car Loans
Learn how to calculate car loan EMIs with precision. Understand key factors, use EMI formulas or calculators, and plan repayments confidently.
-
A Guide on How to Use a Mortgage Loan EMI Calculator
Learn how to use a mortgage loan EMI calculator step by step. Estimate monthly payments, compare loans, and plan better with accurate EMI calculations.