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IFSC Code of Bank Of India, Ameerpet, Hyderabad, Andhra Pradesh — BKID0008629

The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Bank Of India for its Ameerpet branch in Hyderabad, Hyderabad, Andhra Pradesh, this complete guide will provide you with detailed information.

The banking system in India has changed over the years, and today customers of Bank Of India located in Hyderabad or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code BKID0008629. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Bank Of India, Ameerpet, Hyderabad

The table below shows the main details of the IFSC Code BKID0008629 for the Bank Of India branch in Hyderabad, which falls under the Hyderabad district in Andhra Pradesh.

Particulars Details
Bank Bank Of India
IFSC Code BKID0008629
Branch Ameerpet
City Hyderabad
District Hyderabad
State Andhra Pradesh
Address Shop No 4 Nagasuri Plazaopp Aditya Enclaveameerpet Hyderabad 500038

These details are essential not only for online banking users but also for businesses and individuals who use Bank Of India in Hyderabad for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0008629 for the Ameerpet 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, along with Bank Of India located in Ameerpet, Hyderabad, Andhra Pradesh, are allotted a unique IFSC like BKID0008629 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Hyderabad.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Hyderabad and Hyderabad.
  • 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 Ameerpet reaches the right place, even though there are thousands of branches in Andhra Pradesh and across India.

Format of the IFSC Code BKID0008629

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 Ameerpet in Hyderabad.

For example, the IFSC Code BKID0008629 of Bank Of India for the Ameerpet branch includes these elements, identifying the bank and the branch location in Hyderabad and Andhra Pradesh accurately.

How to Find IFSC Code for Bank Of India?

If you are trying to find the IFSC Code BKID0008629 of Bank Of India for its Ameerpet branch located in Hyderabad, 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

You can easily find the IFSC and MICR codes because most banks, including Bank Of India branches in Hyderabad and Hyderabad, print them 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 Ameerpet or Hyderabad to get the exact IFSC Code BKID0008629.

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 Hyderabad, you'll get the correct details.

How to Use IFSC Code BKID0008629 for Online Transfers?

If you have the IFSC Code BKID0008629 for the Ameerpet branch of Bank Of India in Hyderabad, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0008629. 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 BKID0008629.

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 Ameerpet in Hyderabad, it may 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 Ameerpet, 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 Hyderabad manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of India in Ameerpet, Hyderabad?

The IFSC Code is BKID0008629.

Is the IFSC Code BKID0008629 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and IFSC is for online transfers.

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

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Ameerpet branch?

The address of the branch is Shop No 4 Nagasuri Plazaopp Aditya Enclaveameerpet Hyderabad 500038 located in Hyderabad, Hyderabad, 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.

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