Below are the complete branch details for Bank of India, RAIPUR MCB branch, located in RAIPUR, CHHATTISGARH. The IFSC assigned by the Reserve Bank of India to this branch is BKID0009357. Whether you want to transfer money, add a beneficiary, verify a cheque or simply confirm the branch address, you will find authentic, up-to-date information on this page that has been cross-checked against the bank's branch directory and the RBI's master list of participants in the National Electronic Funds Transfer system.
The IFSC code is one of the most frequently asked-for pieces of information when somebody wants to send you money or set up a recurring credit such as a salary, EMI auto-debit or supplier payment. Knowing exactly which IFSC belongs to your branch — in this case BKID0009357 for Bank of India – RAIPUR MCB — saves you from rejected transfers, returned credits and the back-and-forth that follows them.
An IFSC (Indian Financial System Code) is an 11-character alphanumeric code issued by the Reserve Bank of India. It uniquely identifies every bank branch that participates in the RBI's electronic fund-transfer systems – NEFT, RTGS and IMPS. The first four characters represent the bank, the fifth is always a zero (reserved for future use), and the last six characters identify the specific branch.
For Bank of India's RAIPUR MCB branch, the IFSC BKID0009357 breaks down as follows: BKID identifies the bank, 0 is the reserved character, and 009357 identifies this particular branch.
Bank profile
Bank of India is among the recognised banks listed on the Reserve Bank of India's payments network. The Raipur Mcb branch — IFSC BKID0009357 — extends the bank's services to customers in and around Raipur, Chhattisgarh.
About the Raipur Mcb branch
The Raipur Mcb branch of Bank of India is situated at OFFICE NO 1 1ST FLOORMARUTI BUSINESS PARK GEROAD RAIPUR. Customers visiting this branch can complete cash deposits, withdrawals, demand draft requests, cheque clearing, passbook updates and KYC formalities. For online transactions to or from this branch, the IFSC code BKID0009357 is used.
Branch details at a glance
| Bank Name | Bank of India |
|---|---|
| Branch | Raipur Mcb |
| IFSC Code | BKID0009357 |
| MICR Code | Refer to cheque leaf |
| Branch Address | OFFICE NO 1 1ST FLOORMARUTI BUSINESS PARK GEROAD RAIPUR |
| City | Raipur |
| District | Raipur |
| State | Chhattisgarh |
| STD Code | 91 |
| Phone | 8085727001 |
Why every Bank of India branch has a unique IFSC
Before electronic settlement systems went live in India, money transfers between banks relied heavily on demand drafts, mail transfers and telegraphic transfers. These older instruments routinely took days to clear and were prone to misrouting because there was no single machine-readable identifier for a branch. The Reserve Bank of India solved this by issuing each participating branch — including RAIPUR MCB of Bank of India — its own 11-character IFSC. The code BKID0009357 is therefore not just an internal reference; it is the digital postcode that lets the RBI's NEFT, RTGS and IMPS rails route funds straight to the right branch ledger without any human intervention.
Today, almost every salary credit, vendor payment, refund and EMI deduction in the country flows through this network, which is exactly why a correct IFSC matters so much. A wrong character can either bounce the transfer or send it to the wrong branch, and reversing such a credit is a manual, time-consuming process. Treat IFSC BKID0009357 the same way you would treat your account number — verify it once and save it carefully for future use.
MICR & cheque-truncation details
Cheques drawn on the Raipur Mcb branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC BKID0009357 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
How to transfer money using IFSC BKID0009357
Online transfers in India are powered by three major channels — NEFT, RTGS and IMPS — and each one requires a destination IFSC. Below is a quick guide for using IFSC BKID0009357 across all three.
NEFT to Bank of India, RAIPUR MCB using IFSC BKID0009357
National Electronic Funds Transfer is the simplest way to move money into an account at this branch. NEFT works around the clock, including Sundays and public holidays, and settles in half-hourly batches.
To send funds, add the recipient as a beneficiary in your bank's online portal, key in the account number, paste the IFSC BKID0009357, and confirm that the system picks up Bank of India – RAIPUR MCB. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
RTGS transfers via IFSC BKID0009357
RTGS (Real-Time Gross Settlement) is the fastest high-value transfer mechanism in India. It is meant for transfers of ₹2 lakh and above and settles each transaction individually and instantly. To remit through RTGS to Bank of India – RAIPUR MCB, ensure your bank's portal accepts IFSC BKID0009357 while registering the beneficiary. RTGS is also available 24x7.
IMPS to Bank of India RAIPUR MCB (IFSC BKID0009357)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC BKID0009357 in your mobile or internet banking app, and the money is credited to the RAIPUR MCB branch account within seconds.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC BKID0009357 for Bank of India – RAIPUR MCB, but they differ in speed, minimum amount and use case. The table below summarises the differences so you can pick the right channel for the situation at hand.
| Parameter | NEFT | RTGS | IMPS |
|---|---|---|---|
| Minimum amount | ₹1 | ₹2,00,000 | ₹1 |
| Maximum amount | No RBI cap | No RBI cap | ₹5,00,000 |
| Settlement | Half-hourly batches | Real-time | Real-time |
| Availability | 24x7 | 24x7 | 24x7 |
| Best for | Routine transfers | High-value transfers | Urgent small / mid transfers |
| IFSC required | Yes – BKID0009357 | Yes – BKID0009357 | Yes – BKID0009357 |
For most retail customers crediting the Raipur Mcb branch, NEFT or IMPS will be the quickest and most economical option. RTGS comes in for one-off, high-value movements such as property purchases, vendor settlements or large gifts.
How UPI relates to the IFSC code
UPI lets you pay using a short Virtual Payment Address instead of typing the IFSC every time, but behind the scenes every UPI mandate is mapped to an account number plus an IFSC. For accounts at Bank of India's RAIPUR MCB branch, the IFSC BKID0009357 is what the National Payments Corporation of India (NPCI) uses to route the credit when you tap Pay on a UPI app.
That is why, even in the UPI era, it is still worth knowing the IFSC of your home branch — for failed UPI mandates, e-mandate set-ups, third-party platform onboarding and salary or refund credits.
Products and account variants supported
Every account opened at the Raipur Mcb branch is mapped to IFSC BKID0009357 on the RBI payments network. The branch generally supports the full retail product catalogue of Bank of India, including:
- Resident savings accounts and salary accounts
- Current accounts for businesses and professionals
- Fixed deposits, recurring deposits and tax-saver deposits
- Demand drafts, banker's cheques and pay orders
- Retail loans — personal, vehicle, education, gold and home
- Credit cards and overdraft facilities (subject to eligibility)
- Third-party investment products such as mutual funds and insurance (through tie-ups)
Whichever product you choose, the IFSC for incoming credits remains BKID0009357.
Products and services
Customers walking into the Raipur Mcb branch can access most of Bank of India's standard product suite, including:
- Account opening – savings, current, NRI, salary
- Term deposits and recurring deposits
- Retail and small-business loans
- Insurance and mutual-fund tie-ups
- Locker, safe deposit and ATM card services
- Online and mobile banking activation
- Electronic transfers via IFSC BKID0009357
Digital banking channels
Most day-to-day work that customers used to do at the Raipur Mcb branch counter can now be completed digitally — adding a beneficiary, transferring funds, applying for a fixed deposit, raising a service request or downloading account statements. The IFSC BKID0009357 is the link between the digital channel and the branch ledger; once a transaction is confirmed, the credit or debit is reflected in the same core banking system that the branch officers see.
Reaching the branch
The Raipur Mcb branch sits at OFFICE NO 1 1ST FLOORMARUTI BUSINESS PARK GEROAD RAIPUR. If you are travelling from outside Raipur, search for the branch on a maps application using the bank name and locality, or call 91-8085727001 to ask for landmarks. Many customers find it easier to skip the trip altogether: net banking, mobile apps, NEFT, RTGS, IMPS and UPI all work using the IFSC BKID0009357 and your account number.
Things to verify before sending money
Banking errors are usually small typos that snowball into delayed credits and customer-care follow-ups. Use this short checklist before you confirm any transfer to Bank of India – RAIPUR MCB:
- The IFSC is exactly BKID0009357 with no extra spaces.
- The beneficiary's account number matches what they shared, digit for digit.
- The portal auto-fills Bank of India as the bank name and RAIPUR MCB as the branch.
- The amount and the purpose of payment are correct.
- You have a valid OTP-verifying mobile number on hand.
A 30-second review here saves hours of reconciliation later.
Branch banking hours and holidays
Indian bank branches typically operate from 10:00 AM to 4:00 PM, Monday to Friday, and from 10:00 AM to 2:00 PM on working Saturdays (usually the 1st, 3rd and 5th Saturdays). The Raipur Mcb branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC BKID0009357, however, work 24x7.
Verifying IFSC BKID0009357 from official sources
The IFSC listed on this page is sourced from the RBI's master list and validated against the bank's branch directory. To double-check before transferring large sums, you can also confirm BKID0009357 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 91-8085727001.
- Visiting the bank's official branch locator page.
Branch address & contact
Bank of IndiaRaipur Mcb Branch
OFFICE NO 1 1ST FLOORMARUTI BUSINESS PARK GEROAD RAIPUR
Raipur, Chhattisgarh
Phone: 91-8085727001
IFSC: BKID0009357
Frequently asked questions
How do I add Bank of India Raipur Mcb as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC BKID0009357, and complete OTP verification. Once activated, you can transfer funds at any time.
What is the IFSC code of Bank of India Raipur Mcb branch?
The IFSC code of Bank of India, Raipur Mcb branch is BKID0009357. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Is IFSC BKID0009357 the same for all accounts at Raipur Mcb branch?
Yes. The IFSC BKID0009357 is shared by every account held at Bank of India's Raipur Mcb branch. Only the account number changes from customer to customer.
Is IFSC BKID0009357 valid for NEFT and RTGS?
Yes. IFSC BKID0009357 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
What is the phone number of Bank of India Raipur Mcb branch?
You can reach the branch at 91-8085727001 during regular banking hours.
How quickly will an NEFT transfer using BKID0009357 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Bank of India – Raipur Mcb reflect within 30 minutes.
Where is Bank of India Raipur Mcb branch located?
Bank of India's Raipur Mcb branch is located at OFFICE NO 1 1ST FLOORMARUTI BUSINESS PARK GEROAD RAIPUR, Raipur, Chhattisgarh.
Summary
The IFSC code BKID0009357 belongs to Bank of India's RAIPUR MCB branch, located at OFFICE NO 1 1ST FLOORMARUTI BUSINESS PARK GEROAD RAIPUR in RAIPUR, CHHATTISGARH. Use this code along with the beneficiary's account number for any NEFT, RTGS or IMPS transfer to this branch. Bookmark this page for quick reference whenever you need the branch's banking details.
