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Bank of India

MANDLESHWAR BRANCH

+917283233007

IFSC CODE
BKID0009937
MICR Code 451013530
Branch Code 009937
City / District MANDLESHWAR
State MADHYA PRADESH
Office Address HOUSE NO 3 NEAR BUS STANDAT POST MANDLESHWAR DISTT KHARGONE MP
Phone +917283233007
📍 View Branch on Google Maps

Understanding IFSC Code: The Digital DNA of Bank of India

When performing any digital transaction in India, the Indian Financial System Code (IFSC) acts as a critical identifier. For the MANDLESHWAR branch of Bank of India, the code BKID0009937 ensures that your funds are routed through the Reserve Bank of India's (RBI) structured network without manual errors. In an era of instant payments, having the correct IFSC is as important as the account number itself.

Anatomy of the BKID0009937 Code

An IFSC is an 11-character alphanumeric code. Let's break down the logic behind the code for this specific branch:

First 4

Bank Identity

"BKID" represents Bank of India

5th Digit

Control Character

Always '0' (Reserved for future use)

Last 6

Branch Locator

Unique code for MANDLESHWAR

Payment Systems Supported by BKID0009937

System Transfer Limit Processing Time
NEFT No Minimum (Up to ₹50 Lakhs+) Half-hourly batches (24x7)
RTGS Minimum ₹2 Lakhs Real-time settlement
IMPS Up to ₹5 Lakhs Instant (Mobile/P2P)

Why do you need the MICR Code?

While IFSC is for digital transfers, the Magnetic Ink Character Recognition (MICR) code—451013530—is primarily used for the processing and clearance of physical cheques. This 9-digit code helps in identifying the bank and branch during the Cheque Truncation System (CTS) cycle, making clearing faster and error-free.

Bank Holidays & Availability

The Bank of India in MANDLESHWAR typically follows the RBI holiday calendar. Digital transfers via BKID0009937 for NEFT/RTGS are now available 365 days a year, regardless of physical branch timings or Sunday closures.

Security Warning & Verification

Always verify the branch details before making a large payment. While BKID0009937 is the valid code for MANDLESHWAR at MANDLESHWAR, ensure the beneficiary name matches perfectly in your mobile banking app.

RBI Verified NEFT Enabled RTGS 24x7

Bank Search Indexing & Metadata

Related Searches

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Branch Context

  • • MANDLESHWAR Contact
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  • • MADHYA PRADESH Banking Circle

Platform Links

  • • Anand Design DevBox
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  • • IFSC Finder v2.0

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