Select Branch for Bank Of India in Ujjain, Madhya Pradesh

Choose a branch to view IFSC code and details

Branch
AnnaPurna

BKID0MG0454

8,VISHAL NAGAR
Branch
Arvind Nagar

BKID0009107

66 LALA LAJPATRAI MARGFAJALPUR
Branch
Bad Kummed

BKID0MG0451

BAD KUMMED
Branch
BarNagar

BKID0MG0417

BADNAGER
Branch
Bawliya Khurd

BKID0MG0469

BAWLIYA KHURD
Branch
Bhairavgarh

BKID0MG0441

BHAIRAVGARH
Branch
Bhorashala

BKID0MG0453

INDORE UJJAIN STATE HIWAY
Branch
Chakkamed

BKID0MG0463

VILL CHAKKAMED
Branch
Chandukhedi

BKID0009134

SURVEY NO2001 UJJAIN BARNAGAR ROADAT POST CHANDUKHEDI
Branch
Chanpakheda

BKID0MG0416

CHANPAKHEDA
Branch
Chimanganj Mandiujjain

BKID0MG0408

CHIMANGANJ MANDI
Branch
Chintaman

BKID0MG0403

CHINTAMAN
Branch
Danigate

BKID0MG0405

DANIGATE
Branch
Dashehra Maidan

BKID0009103

PLOT NO 1SUPPLEMENTARY DASHEHRA MAIDAN
Branch
Freeganj

BKID0009101

NARANG COMPLEX25 VARAVADI MARG
Branch
Ghonsla

BKID0MG0412

AT POST GHONSLA
Branch
Indira Nagar Ujjain

BKID0009126

NAYA BAZARP O BHERAVGARH
Branch
Ingoriya

BKID0MG0420

INGORIYA
Branch
Jaora

BKID0009483

27 STATION ROAD JAORADISTT RATLAM
Branch
Jhutawad

BKID0MG0446

VILLAGE POST JHUTAWA
Branch
Kanadiya Road

BKID0MG0456

KANADIYA ROAD
Branch
Kanasiya

BKID0MG0411

KANASIYA
Branch
Kaytha

BKID0MG0415

KAYTHA DISTT. UJJAIN
Branch
Khachrod

BKID0MG0425

KHACHROD
Branch
Khandwa Road

BKID0MG0467

HOUSE NO 06 ,RANI BAGH
Branch
Kharsodkhurd

BKID0MG0406

KHARODKHURD
Branch
Khatamba

BKID0009145

KHATAMBA BRANCH HO OF SHRI SARPANCH AT AND POST KHATAMBA DEWAS BHOPAL ROAD
Branch
Khedawada

BKID0MG0410

KHEDAWADA
Branch
Kshirsagar

BKID0MG0464

GALI NO 12
Branch
Ldm Office Ujjain

BKID000L174

LDM OFFICE UJJAIN
Branch
Ldm Office Rajgarh

BKID000L374

LDM OFFICE RAJGARH UJJAIN ZO
Branch
Lekoda

BKID0009144

VILL LEKODA DIST UJJAIN
Branch
Mahakaal Mandir

BKID0009146

MADHAV SEWA NYAS BHARAT MATA MANDIR MAHAKAAL MAIDAN
Branch
Mahakal Ujjain

BKID0MG0450

31 JAWAHAR MARG PATANI
Branch
Mahananda Nagar

BKID0009109

B5 SAI NIKUNJ BHARTIYA GYANPEETHMAHANANDA NAGARUJJAIN DIST UJJAIN
Branch
MahidPur

BKID0MG0413

MAHIDPUR
Branch
MahidPur Road

BKID0MG0414

AT POST MAHIDPUR RO
Branch
Makdon

BKID0MG0419

MAKDON
Branch
Maxi Road

BKID0009102

MAXI ROAD INDUSTRIAL ESTATEUJJAIN
Branch
Nagda Ujjain

BKID0MG0426

NAGDA UJJAIN
Branch
Nagjhiri

BKID0MG0409

NAGJHRI
Branch
Nagziri Ujjain

BKID0009136

WARD NO 45 INFRONT OF OILFED GATENAGZIRI DEWAS ROAD
Branch
Nanakhed

BKID0MG0455

33SWAPNIL PALACE NANA
Branch
Narsinga

BKID0MG0402

NARSINGA
Branch
NihalPur Mundi

BKID0MG0459

NIHALPUR MUNDI
Branch
Ninora

BKID0MG0418

NINORA
Branch
Nipaniaindore

BKID0MG0460

NEAR BHUWANSH COLLAGE
Branch
Piploda Dwarkadhish

BKID0MG0407

PIPLODA DWARKADHISH
Branch
Ratlam

BKID0009480

MOHSIN HOUSE848586 BAJAJ KHANA
Branch
Regional Office Ujjain

BKID0MG0400

VISHWAVIDYALAYA MARG,
Branch
Sethi Nagar

BKID0009108

216A SHETHI NAGARUJJAIN MP
Branch
Sethi Nagar

BKID0MG0468

HIG SETHI NAGAR
Branch
Surasa

BKID0009138

CO BHAVANA RESTAURANT NEAR RD GARDICOLLEGE AGAR ROAD THE GHATIA DIST UJJAIN
Branch
Tarana

BKID0MG0404

TARANA
Branch
Ujjain

BKID0MG0401

8 SHANKU MARG, FREEGAN
Branch
Ujjain

BKID0009100

144 GOPAL MANDIR ROADPOST BOX NO 119
Branch
Ujjain Service

BKID0009135

72 SHREE PAL MARGNAIPETH UJJAIN
Branch
Ujjain Zonal Office

BKID000ZO74

PB NO 10 C2 SHIPRA VIHAR UJJAIN
Branch
Unhel

BKID0MG0422

UNHEL
Branch
VedNagar

BKID0009110

A 15 VED NAGARNANA KHEDA UJJAIN

What are Bank Of India IFSC Codes?

The Indian Financial System Code, commonly known as the IFSC code, is an alphanumeric code crucial for the electronic transfer of funds within the Indian banking system. This code helps in identifying specific bank branches, ensuring that electronic transactions like NEFT (National Electronic Funds Transfer), RTGS (Real-Time Gross Settlement), and IMPS (Immediate Payment Service) are conducted smoothly and accurately.

The IFSC code acts as a guide that directs money to the right bank branch, whether it is for a money transfer to a friend, payment of a bill, or business transactions.

How to Read the Structure of the Bank Of India IFSC Code

The IFSC code is an 11-character code consisting of three distinct elements:

  • First Four Characters: These letters indicate the name of the bank. For instance, the first four alphabets in the code represent the bank's name.
  • Fifth Character: This is always '0' (zero) and is reserved for potential future use in the system.
  • Last Six Characters: These can be either numeric or alphabetic and identify a specific branch of the bank.

Example: An IFSC code may appear as "BANK0123456." Here, "BANK" denotes the bank, and "0123456" identifies the specific branch. This unique combination ensures that each branch of every bank has a distinct identification number, allowing the precise identification of the account's location.

How to Locate an Bank Of India IFSC Code

Locating an IFSC code is relatively straightforward and can be done using any of the following methods:

  • Cheque Book: The cheque leaves issued by your bank carry the IFSC code, usually printed on the upper section of the leaf.
  • Bank Passbook: The IFSC code is typically found on the first page of the bank passbook provided at the time of opening the account.
  • Official Websites of Banks: Most banks provide a search tool on their websites that allows you to find their respective IFSC codes based on branch location or branch name.
  • Online Banking Portals: IFSC codes are provided in most online banking systems, enabling customers to find the code related to their bank branch.
  • Mobile Banking Apps: Many banking apps allow you to view branch details, including IFSC codes.
  • RBI Website: The Reserve Bank of India maintains an official list of all banks and their respective branch IFSC codes on its website.

Importance of IFSC Code in Fund Transfers

The IFSC code plays a significant role in secure and efficient fund transfers in the following ways:

  • NEFT (National Electronic Funds Transfer): The IFSC code ensures that funds are transferred accurately from one account in a bank to another account in a different bank in India.
  • RTGS (Real-Time Gross Settlement): The IFSC code ensures the safety and speed of high-value transactions where money needs to be transferred at once.
  • IMPS (Immediate Payment Service): An instant fund transfer service where the IFSC code directs funds to the correct branch instantly.
  • Error Prevention: Accurate use of the IFSC code minimizes the chances of funds being directed to the wrong account or branch, thereby reducing errors.

Benefits of Using IFSC Code

Here are the main benefits of IFSC codes you must know:

  • Increased Security: Using the correct IFSC code ensures the transaction reaches the correct branch of the bank, minimizing errors or misdirected funds.
  • Faster and More Efficient: IFSC codes streamline the fund transfer process, making it faster than traditional methods.
  • Universal Use: Since the IFSC code system is standardized across all banks in India, it can be used for transfers between any banks.

Procedure to Perform Bank Of India Fund Transfer Using IFSC Code

Fund transfer using an IFSC code is a simple yet vital process:

  • Log in Through Online Banking: Use your mobile banking app or Internet banking portal to log in to your bank.
  • Fund Transfer: Select the option for fund transfer, choosing between NEFT, RTGS, or IMPS.
  • Add Recipient Details: Enter the recipient's name, account number, bank name, and the IFSC code of their branch.
  • Validate Details: Verify the entered details to avoid errors. Incorrect bank and IFSC details can lead to the rejection of your fund transfer request.
  • Confirm Transfer: After confirmation, the money will be transferred. Depending on the mode of transfer, the amount may be transferred within a few seconds or minutes.

How to Open a Bank Of India Bank Account

Opening a bank account is a simple if you have the necessary documents and meet the eligibility criteria:

Eligibility Criteria

  • Any citizen over 18 years old is eligible to open a bank account.
  • In the case of minors, parents or guardians can open an account on their behalf.
  • Non-residents are also eligible, provided they fulfill certain conditions established by the banks.

Required Documents

  • Proof of Identity: Aadhaar Card, Passport, Voter ID, or any government-issued ID.
  • Proof of Address: Aadhaar Card, Passport, utility bills, or any valid document proving residence.
  • PAN Card: A PAN card is required for tax compliance.
  • Passport Size Photographs: Usually, two to three recent photographs are needed.
  • Form 16: In certain cases where a PAN card is not available, Form 16 may be considered.

Process to Open an Account

  • Visit a Bank: Visit a branch of your chosen bank, or apply online if the bank offers an online application service.
  • Fill Out the Form: Complete the account opening form with your personal information.
  • Submit Documents: Provide documents verifying your identity and address.
  • Initial Deposit: Make an initial deposit if required by the specific type of account.
  • Account Activation: Once your documents are verified, your account will be activated, and you will receive a passbook, checkbook, and debit card.
  • Register for Internet and Mobile Banking: Register for Internet and mobile banking services to facilitate easy transactions.

Loan EMI Calculator: Importance and Types

For anyone taking a loan, an EMI calculator is a vital and useful tool. Based on the loan amount, interest rate, and repayment period, it assists you in calculating the monthly repayment amount. You may better manage your money and make sure the loan doesn't put a burden on your resources by using an EMI calculator. It helps you steer clear of any unpleasant shocks later on by giving you a clear image of your financial commitment.

Loan Calculators

  • Loan Calculator VA: Specifically designed for VA loans, helping veterans calculate their mortgage payments.
  • Loan Calculator Vehicle: Assists in determining 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.

EMI Calculators

  • EMI Calculator for Home Loan: Helps in calculating the Equated Monthly Installment (EMI) for home loans.
  • EMI Calculator Us: Tailored 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

An IFSC code is an essential component of the Indian banking system, ensuring the secure electronic transfer of funds. Whether you're doing a simple NEFT transfer or a high-value RTGS transaction, the IFSC code plays an indispensable role in smooth banking operations. Knowing how to find and use this code is crucial for anyone conducting electronic transactions in India.

Frequently Asked Questions (FAQs)

IFSC stands for Indian Financial System Code. It is an 11-character alphanumeric code used to identify a specific branch of a bank in India. It is required for electronic fund transfers like RTGS and NEFT.

The IFSC code is crucial for ensuring safe and error-free transfers from one bank to another. It helps route transactions through the correct bank branch.

You can find the IFSC code on your cheque book and passbook or on your bank's official website. The Reserve Bank of India also publishes a list of IFSC codes.

Yes, the IFSC code is required to complete electronic fund transfers like NEFT, RTGS, and IMPS. Without the IFSC code, the transfer cannot be completed.

In Internet banking, the IFSC code of the beneficiary's bank and branch ensures safe and accurate transfers.

No, each branch of a bank has a unique IFSC code, making it easier to identify the specific branch for transactions.

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