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 Sainikpuri 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 BKID0005664. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

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

Below in the table are the key details related to IFSC Code BKID0005664 of Bank Of India for its branch located in Hyderabad, within the district of Hyderabad in the state of Andhra Pradesh.

Particulars Details
Bank Bank Of India
IFSC Code BKID0005664
Branch Sainikpuri
City Hyderabad
District Hyderabad
State Andhra Pradesh
Address Plot No 800 H No 2181 Ground Floordefence Colony Sainikpuri Main Road Secun

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 BKID0005664 for the Sainikpuri 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 Sainikpuri, Hyderabad, Andhra Pradesh, are allotted a unique IFSC like BKID0005664 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 Sainikpuri reaches the right place, even though there are thousands of branches in Andhra Pradesh and across India.

Format of the IFSC Code BKID0005664

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 Sainikpuri in Hyderabad.

For example, the IFSC Code BKID0005664 of Bank Of India for the Sainikpuri 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 looking for the IFSC Code BKID0005664 of Bank Of India for its Sainikpuri branch located in Hyderabad, the following methods can help:

Cheque Book

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

Passbook

Most of the banks, including Bank Of India branches in Hyderabad and Hyderabad, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

You can visit the official website of Bank Of India and look for the branch locator section, then search for Sainikpuri or Hyderabad to get the exact IFSC Code BKID0005664.

Mobile Banking App

If you use Bank Of India's mobile app, you can check your account details to easily find your branch's IFSC code.

RBI Website

The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Bank Of India and Hyderabad, then it will provide you proper information.

How to Use IFSC Code BKID0005664 for Online Transfers?

Once you have the IFSC Code BKID0005664 for the Sainikpuri branch of Bank Of India in Hyderabad, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0005664. 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 BKID0005664.

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 Sainikpuri in Hyderabad, it can result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Bank Of India in Sainikpuri, here are some of the ways you can get 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.

Knowing both IFSC and MICR code can help account holders in Hyderabad manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

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

The IFSC Code is BKID0005664.

Is the IFSC Code BKID0005664 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 Sainikpuri?

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 Sainikpuri branch?

The address of the branch is Plot No 800 H No 2181 Ground Floordefence Colony Sainikpuri Main Road Secun 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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