IFSC Code of Bank Of India, Calicut, Calicut, Kerala — BKID0008520

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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Bank Of India for its Calicut branch in Calicut, Calicut, Kerala, then this guide will give you detailed information.

The banking system has evolved significantly in India, and today the customers of Bank Of India located in Calicut or anywhere in Kerala can transfer funds instantly by using the correct IFSC Code BKID0008520. 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, Calicut, Calicut

Below in the table are the key details related to IFSC Code BKID0008520 of Bank Of India for its branch located in Calicut, within the district of Calicut in the state of Kerala.

These details are essential not only for online banking users but also for businesses and individuals who use Bank Of India in Calicut for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0008520 for the Calicut branch of Bank Of India plays 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, including Bank Of India located in Calicut, Calicut, Kerala, is provided with a unique IFSC like BKID0008520 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It uniquely identifies the Bank Of India branch in Calicut.
• It helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It avoids any errors or confusions between multiple branches of the same bank across different places like Calicut and Calicut.
• It reduces errors in fund transfers and improves accuracy.
• It allows sender banks to validate and confirm branch details before processing payments.

There are thousands of branches across Kerala and the rest of India and the IFSC Code ensures that transactions meant for Bank Of India in Calicut do not get mixed with another location.

Format of the IFSC Code BKID0008520

This is the format of the IFSC Code for banks, including Bank Of India, follows an 11-character structure:

AAAA0CCCCCC

Here's the explanation:

• First 4 characters (AAAA): This is the bank code. For Bank Of India, these characters are the bank's short identifier.
• 5th character (0): This stays zero till there is any future use.
• Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Calicut in Calicut.

For example, the IFSC Code BKID0008520 of Bank Of India for the Calicut branch includes these elements, identifying the bank and the branch location in Calicut and Kerala accurately.

How to Find IFSC Code for Bank Of India?

If you are looking for the IFSC Code BKID0008520 of Bank Of India for its Calicut branch located in Calicut, the following methods can help:

Cheque Book

The cheque book that is issued by Bank Of India includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.

Passbook

Most of the banks, including Bank Of India branches in Calicut and Calicut, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

You can visit the official website of Bank Of India and look for the branch locator section, then search for Calicut or Calicut to get the exact IFSC Code BKID0008520.

Mobile Banking App

If you use Bank Of India's mobile app, you can check your account details to easily find your branch's IFSC code.

RBI Website

The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Bank Of India and Calicut, then it will provide you proper information.

How to Use IFSC Code BKID0008520 for Online Transfers?

Once you have the IFSC Code BKID0008520 for the Calicut branch of Bank Of India in Calicut, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code BKID0008520. 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 BKID0008520.

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 Calicut in Calicut, your payment can get delayed or might not go through at all.

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Bank Of India in Calicut, here are some of the ways 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.

Knowing both IFSC and MICR code can help account holders in Calicut manage their online transfers and cheque clearances easily.