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 Dharamavaram branch in Dharamavaram (Ap), Dharamavaram Ap, 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 Dharamavaram (Ap) or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code BKID0005629. 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, Dharamavaram, Dharamavaram (Ap)
The table below shows the main details of the IFSC Code BKID0005629 for the Bank Of India branch in Dharamavaram (Ap), which falls under the Dharamavaram Ap district in Andhra Pradesh.
| Particulars | Details |
|---|---|
| Bank | Bank Of India |
| IFSC Code | BKID0005629 |
| Branch | Dharamavaram |
| City | Dharamavaram (Ap) |
| District | Dharamavaram Ap |
| State | Andhra Pradesh |
| Address | Door No 12 100 1Ashop No 1 3 Gound Floor Rsroad |
These details are important not only for users using online banking but also for businesses and individuals who use Bank Of India in Dharamavaram (Ap) for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code BKID0005629 for the Dharamavaram branch of Bank Of India is vital.
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 Dharamavaram, Dharamavaram (Ap), Andhra Pradesh, are allotted a unique IFSC like BKID0005629 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Dharamavaram (Ap).
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Dharamavaram (Ap) and Dharamavaram Ap.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to Bank Of India in Dharamavaram reaches the right place, even though there are thousands of branches in Andhra Pradesh and across India.
Format of the IFSC Code BKID0005629
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 Dharamavaram in Dharamavaram (Ap).
For example, the IFSC Code BKID0005629 of Bank Of India for the Dharamavaram branch includes these elements, identifying the bank and the branch location in Dharamavaram (Ap) and Andhra Pradesh accurately.
How to Find IFSC Code for Bank Of India?
If you are trying to find the IFSC Code BKID0005629 of Bank Of India for its Dharamavaram branch located in Dharamavaram (Ap), 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 Dharamavaram (Ap) and Dharamavaram Ap, 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 Dharamavaram or Dharamavaram (Ap) to get the exact IFSC Code BKID0005629.
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 Dharamavaram (Ap) that will provide accurate information.
How to Use IFSC Code BKID0005629 for Online Transfers?
If you have the IFSC Code BKID0005629 for the Dharamavaram branch of Bank Of India in Dharamavaram (Ap), you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code BKID0005629. Transfers are processed in batches. Suitable for 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. Asks for the recipient's account details and Bank Of India IFSC Code BKID0005629.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Bank Of India Dharamavaram in Dharamavaram (Ap), it may result in delayed or failed transactions.
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 Dharamavaram, 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 Dharamavaram (Ap) to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is BKID0005629.
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 Door No 12 100 1Ashop No 1 3 Gound Floor Rsroad located in Dharamavaram (Ap), Dharamavaram Ap, Andhra Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.