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 Gummidipoondi branch in Gummidipoondi (Tiruvallur Dist ) Tn, Gummidipoondi Tiruvallur Dist Tn, or Tamil Nadu, 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 Gummidipoondi (Tiruvallur Dist ) Tn or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code BKID0008062. 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, Gummidipoondi, Gummidipoondi (Tiruvallur Dist ) Tn

The table below shows the main details of the IFSC Code BKID0008062 for the Bank Of India branch in Gummidipoondi (Tiruvallur Dist ) Tn, which falls under the Gummidipoondi Tiruvallur Dist Tn district in Tamil Nadu.

Particulars Details
Bank Bank Of India
IFSC Code BKID0008062
Branch Gummidipoondi
City Gummidipoondi (Tiruvallur Dist ) Tn
District Gummidipoondi Tiruvallur Dist Tn
State Tamil Nadu
Address Vms Complex Ground Floor Bye Pass Roadgummidipoondi Taluka

These details are important not only for users using online banking but also for businesses and individuals who use Bank Of India in Gummidipoondi (Tiruvallur Dist ) Tn for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code BKID0008062 for the Gummidipoondi 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, including Bank Of India located in Gummidipoondi, Gummidipoondi (Tiruvallur Dist ) Tn, Tamil Nadu, is provided with a unique IFSC like BKID0008062 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the Bank Of India branch in Gummidipoondi (Tiruvallur Dist ) Tn.
  • 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 Gummidipoondi (Tiruvallur Dist ) Tn and Gummidipoondi Tiruvallur Dist Tn.
  • 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 Tamil Nadu and the rest of India and the IFSC Code ensures that transactions meant for Bank Of India in Gummidipoondi do not get mixed with another location.

Format of the IFSC Code BKID0008062

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 Gummidipoondi in Gummidipoondi (Tiruvallur Dist ) Tn.

For example, the IFSC Code BKID0008062 of Bank Of India for the Gummidipoondi branch includes these elements, identifying the bank and the branch location in Gummidipoondi (Tiruvallur Dist ) Tn and Tamil Nadu accurately.

How to Find IFSC Code for Bank Of India?

If you are trying to find the IFSC Code BKID0008062 of Bank Of India for its Gummidipoondi branch located in Gummidipoondi (Tiruvallur Dist ) Tn, 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

Most banks, including Bank Of India branches in Gummidipoondi (Tiruvallur Dist ) Tn and Gummidipoondi Tiruvallur Dist Tn, print the IFSC and MICR codes 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 Gummidipoondi or Gummidipoondi (Tiruvallur Dist ) Tn to get the exact IFSC Code BKID0008062.

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 Gummidipoondi (Tiruvallur Dist ) Tn, you'll get the correct details.

How to Use IFSC Code BKID0008062 for Online Transfers?

Once you have the IFSC Code BKID0008062 for the Gummidipoondi branch of Bank Of India in Gummidipoondi (Tiruvallur Dist ) Tn, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code BKID0008062. 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 BKID0008062.

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 Gummidipoondi in Gummidipoondi (Tiruvallur Dist ) Tn, 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 Gummidipoondi, 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 Gummidipoondi (Tiruvallur Dist ) Tn 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 Gummidipoondi, Gummidipoondi (Tiruvallur Dist ) Tn?

The IFSC Code is BKID0008062.

Is the IFSC Code BKID0008062 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 Gummidipoondi?

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 Gummidipoondi branch?

The address of the branch is Vms Complex Ground Floor Bye Pass Roadgummidipoondi Taluka located in Gummidipoondi (Tiruvallur Dist ) Tn, Gummidipoondi Tiruvallur Dist Tn, Tamil Nadu.

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.