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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Bank Of India for its Amadalavalasa branch in Amadalavalasa (Dist. Srikakulam), Amadalavalasa Dist Srikakulam, or Andhra Pradesh, this guide will help you with all the details.
There have been major changes in the banking sector in India and today, the customers of Bank Of India located in Amadalavalasa (Dist. Srikakulam) or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code BKID0008686. 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, Amadalavalasa, Amadalavalasa (Dist. Srikakulam)
The table below shows the main details of the IFSC Code BKID0008686 for the Bank Of India branch in Amadalavalasa (Dist. Srikakulam), which falls under the Amadalavalasa Dist Srikakulam district in Andhra Pradesh.
| Particulars | Details |
|---|---|
| Bank | Bank Of India |
| IFSC Code | BKID0008686 |
| Branch | Amadalavalasa |
| City | Amadalavalasa (Dist. Srikakulam) |
| District | Amadalavalasa Dist Srikakulam |
| State | Andhra Pradesh |
| Address | H No8 1 1456 Main Roadamadalavalsa Distsrikakulam |
These details are crucial, not just for online banking users but also for businesses and individuals who use Bank Of India in Amadalavalasa (Dist. Srikakulam) for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0008686 for the Amadalavalasa 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 provided by the Reserve Bank of India. Every bank branch, along with Bank Of India located in Amadalavalasa, Amadalavalasa (Dist. Srikakulam), Andhra Pradesh, are given a unique IFSC like BKID0008686 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Amadalavalasa (Dist. Srikakulam).
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents any kind of confusion between different branches of the same bank in places like Amadalavalasa (Dist. Srikakulam) and Amadalavalasa Dist Srikakulam.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It helps ensure that any money sent to Bank Of India in Amadalavalasa goes to the correct branch. This is important because Bank Of India has thousands of branches in Andhra Pradesh and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code BKID0008686
The format of the IFSC Code for banks, including Bank Of India, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown of this:
- First 4 characters (AAAA): Represent the bank code. For Bank Of India, these characters are the bank's short identifier.
- 5th character (0): Always zero which is reserved for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Amadalavalasa in Amadalavalasa (Dist. Srikakulam).
For example, the IFSC Code BKID0008686 of Bank Of India for the Amadalavalasa branch includes these elements, identifying the bank and the branch location in Amadalavalasa (Dist. Srikakulam) and Andhra Pradesh accurately.
How to Find IFSC Code for Bank Of India?
If you are trying to find the IFSC Code BKID0008686 of Bank Of India for its Amadalavalasa branch located in Amadalavalasa (Dist. Srikakulam), the following methods can help:
Cheque Book
The cheque books that are issued by Bank Of India include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.
Passbook
Most banks, including Bank Of India branches in Amadalavalasa (Dist. Srikakulam) and Amadalavalasa Dist Srikakulam, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Bank Of India and find the branch locator section. Search for Amadalavalasa or Amadalavalasa (Dist. Srikakulam) to get the exact IFSC Code BKID0008686.
Mobile Banking App
If you use Bank Of India's mobile app, you can easily check your account details to find your branch's IFSC code.
RBI Website
The Reserve Bank of India maintains an updated database of all IFSC codes to help you in searching for Bank Of India and Amadalavalasa (Dist. Srikakulam) that will provide accurate information.
How to Use IFSC Code BKID0008686 for Online Transfers?
Once you have the IFSC Code BKID0008686 for the Amadalavalasa branch of Bank Of India in Amadalavalasa (Dist. Srikakulam), you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code BKID0008686. The transfer is completed in batches instead of instantly. It is useful for both personal and business payments.
RTGS
Used for high-value payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. Requires the recipient's account details and Bank Of India IFSC Code BKID0008686.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Bank Of India Amadalavalasa in Amadalavalasa (Dist. Srikakulam), your payment can get delayed or might not go through at all.
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 Amadalavalasa, here are some ways that you can get 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.
If you know both IFSC and MICR codes, then it can help account holders in Amadalavalasa (Dist. Srikakulam) manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is BKID0008686.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is H No8 1 1456 Main Roadamadalavalsa Distsrikakulam located in Amadalavalasa (Dist. Srikakulam), Amadalavalasa Dist Srikakulam, Andhra Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.