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 Gollaprolu branch in Gollaprolu (Dist. East Godavari), Gollaprolu Dist East Godavari, 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 Gollaprolu (Dist. East Godavari) or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code BKID0008652. 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, Gollaprolu, Gollaprolu (Dist. East Godavari)

Below in the table are the key details related to IFSC Code BKID0008652 of Bank Of India for its branch located in Gollaprolu (Dist. East Godavari), within the district of Gollaprolu Dist East Godavari in the state of Andhra Pradesh.

Particulars Details
Bank Bank Of India
IFSC Code BKID0008652
Branch Gollaprolu
City Gollaprolu (Dist. East Godavari)
District Gollaprolu Dist East Godavari
State Andhra Pradesh
Address 1592Nandirai Streetgollaproludist East Godavari

These details are essential not only for online banking users but also for businesses and individuals who use Bank Of India in Gollaprolu (Dist. East Godavari) for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0008652 for the Gollaprolu 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Bank Of India located in Gollaprolu, Gollaprolu (Dist. East Godavari), Andhra Pradesh, is provided a unique IFSC like BKID0008652 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Bank Of India branch in Gollaprolu (Dist. East Godavari).
  • 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 Gollaprolu (Dist. East Godavari) and Gollaprolu Dist East Godavari.
  • 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 Gollaprolu do not get misguided to another person.

Format of the IFSC Code BKID0008652

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 Gollaprolu in Gollaprolu (Dist. East Godavari).

For example, the IFSC Code BKID0008652 of Bank Of India for the Gollaprolu branch includes these elements, identifying the bank and the branch location in Gollaprolu (Dist. East Godavari) and Andhra Pradesh accurately.

How to Find IFSC Code for Bank Of India?

To find the IFSC Code BKID0008652 of Bank Of India for its Gollaprolu branch located in Gollaprolu (Dist. East Godavari), the following methods can help you out:

Cheque Book

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

Passbook

Most banks, including Bank Of India branches in Gollaprolu (Dist. East Godavari) and Gollaprolu Dist East Godavari, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Bank Of India and go to the branch locator section. Then search for Gollaprolu or Gollaprolu (Dist. East Godavari) to find the exact IFSC Code BKID0008652.

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 maintains an updated database of all IFSC codes. Searching for Bank Of India and Gollaprolu (Dist. East Godavari) will provide accurate information.

How to Use IFSC Code BKID0008652 for Online Transfers?

If you have the IFSC Code BKID0008652 for the Gollaprolu branch of Bank Of India in Gollaprolu (Dist. East Godavari), you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0008652. 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 BKID0008652.

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 Gollaprolu in Gollaprolu (Dist. East Godavari), 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 Gollaprolu, 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 Gollaprolu (Dist. East Godavari) to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of India in Gollaprolu, Gollaprolu (Dist. East Godavari)?

The IFSC Code is BKID0008652.

Is the IFSC Code BKID0008652 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Bank Of India Gollaprolu?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Gollaprolu branch?

The address of the branch is 1592Nandirai Streetgollaproludist East Godavari located in Gollaprolu (Dist. East Godavari), Gollaprolu Dist East Godavari, Andhra Pradesh.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.