IFSC Code of Bank Of India, Mavoor Road, Calicut, Kerala — BKID0008524

There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Bank Of India for its Mavoor Road branch in Calicut, Calicut, Kerala, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of Bank Of India situated in Calicut or anywhere in Kerala can easily transfer funds instantly by using the correct IFSC Code BKID0008524. You should 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, Mavoor Road, Calicut

Here are some of the key details that come with the IFSC Code BKID0008524 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 BKID0008524 for the Mavoor Road 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 Mavoor Road, Calicut, Kerala, is provided with a unique IFSC like BKID0008524 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 Mavoor Road do not get mixed with another location.

Format of the IFSC Code BKID0008524

The format of the IFSC Code for banks, including Bank Of India, has an 11-character structure:

AAAA0CCCCCC

Here's the breakdown:

• First 4 characters (AAAA): Show the bank code. For Bank Of India, these letters represent the bank's short name.
• 5th character: Is always zero and is kept for future use.
• Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Mavoor Road in Calicut.

For example, the IFSC Code BKID0008524 of Bank Of India for the Mavoor Road branch includes these elements, identifying the bank and the branch location in Calicut and Kerala correctly.

How to Find IFSC Code for Bank Of India?

If you are trying to find the IFSC Code BKID0008524 of Bank Of India for its Mavoor Road branch located in Calicut, 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 Calicut and Calicut, 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 Mavoor Road or Calicut to get the exact IFSC Code BKID0008524.

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 Calicut that will provide accurate information.

How to Use IFSC Code BKID0008524 for Online Transfers?

Once you have the IFSC Code BKID0008524 for the Mavoor Road branch of Bank Of India in Calicut, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0008524. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. You need the recipient's account details and Bank Of India IFSC Code BKID0008524.

Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Bank Of India Mavoor Road in Calicut, it can result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Bank Of India in Mavoor Road, you can find it by any of the following ways:

• Check the bottom of your cheque leaf.
• Go to the first page of your passbook.
• Visit the official Bank Of India website.
• Search the RBI portal.

Having both IFSC and MICR codes helps account holders in Calicut manage online transfers as well as cheque clearances with ease.