The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Bank Of India for its Ananthapur Branch branch in Anantapur (Ap), Anantapur Ap, Andhra Pradesh, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of Bank Of India located in Anantapur (Ap) or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code BKID0008689. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Bank Of India, Ananthapur Branch, Anantapur (Ap)
Here are some of the key details that come with the IFSC Code BKID0008689 of Bank Of India for its branch located in Anantapur (Ap), within the district of Anantapur Ap in the state of Andhra Pradesh.
| Particulars | Details |
|---|---|
| Bank | Bank Of India |
| IFSC Code | BKID0008689 |
| Branch | Ananthapur Branch |
| City | Anantapur (Ap) |
| District | Anantapur Ap |
| State | Andhra Pradesh |
| Address | Door No12 313 Ground Floorbalaji Towerssubhash Road Ananthpur |
These details are important not only for users using online banking but also for businesses and individuals who use Bank Of India in Anantapur (Ap) for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code BKID0008689 for the Ananthapur Branch branch of Bank Of India is vital.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Bank Of India located in Ananthapur Branch, Anantapur (Ap), Andhra Pradesh, is provided a unique IFSC like BKID0008689 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Bank Of India branch in Anantapur (Ap).
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Anantapur (Ap) and Anantapur Ap.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Andhra Pradesh and the rest of India, the IFSC Code ensures that transactions meant for Bank Of India in Ananthapur Branch do not get misguided to another person.
Format of the IFSC Code BKID0008689
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 Ananthapur Branch in Anantapur (Ap).
For example, the IFSC Code BKID0008689 of Bank Of India for the Ananthapur Branch branch includes these elements, identifying the bank and the branch location in Anantapur (Ap) and Andhra Pradesh accurately.
How to Find IFSC Code for Bank Of India?
If you are trying to find the IFSC Code BKID0008689 of Bank Of India for its Ananthapur Branch branch located in Anantapur (Ap), the following methods can help:
Cheque Book
The cheque book issued by Bank Of India includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.
Passbook
You can easily find the IFSC and MICR codes because most banks, including Bank Of India branches in Anantapur (Ap) and Anantapur Ap, print them on the first page of your passbook.
Bank Website
Visit the official website of Bank Of India and navigate to the branch locator section. Search for Ananthapur Branch or Anantapur (Ap) to get the exact IFSC Code BKID0008689.
Mobile Banking App
If you use Bank Of India's mobile app, you can check your account details to find your branch's IFSC code.
RBI Website
The Reserve Bank of India keeps an updated list of all IFSC codes. If you search for Bank Of India and Anantapur (Ap), you'll get the correct details.
How to Use IFSC Code BKID0008689 for Online Transfers?
Once you have the IFSC Code BKID0008689 for the Ananthapur Branch branch of Bank Of India in Anantapur (Ap), you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code BKID0008689. The transfer is completed in batches. It is useful for both personal and business payments.
RTGS
Used for payments over ₹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 BKID0008689.
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 Ananthapur Branch in Anantapur (Ap), 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 Ananthapur Branch, here are some ways to obtain 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.
Having both the IFSC and MICR codes makes it easy for account holders in Anantapur (Ap) to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is BKID0008689.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Door No12 313 Ground Floorbalaji Towerssubhash Road Ananthpur located in Anantapur (Ap), Anantapur Ap, Andhra Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.