For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Bank Of India for its Illipili branch in Illipili (Tn), Illipili Tn, Tamil Nadu, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly over the years, and today customers of Bank Of India located in Illipili (Tn) or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code BKID0008210. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Bank Of India, Illipili, Illipili (Tn)

Below in the table are the key details related to IFSC Code BKID0008210 of Bank Of India for its branch located in Illipili (Tn), within the district of Illipili Tn in the state of Tamil Nadu.

Particulars Details
Bank Bank Of India
IFSC Code BKID0008210
Branch Illipili
City Illipili (Tn)
District Illipili Tn
State Tamil Nadu
Address Hospital Roadp O Guruvareddiyur

These details help users in online banking and for businesses and individuals who use Bank Of India in Illipili (Tn) for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0008210 for the Illipili branch of Bank Of India has a very 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, including Bank Of India located in Illipili, Illipili (Tn), Tamil Nadu, is provided with a unique IFSC like BKID0008210 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the Bank Of India branch in Illipili (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 Illipili (Tn) and Illipili 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 Illipili do not get mixed with another location.

Format of the IFSC Code BKID0008210

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 Illipili in Illipili (Tn).

For example, the IFSC Code BKID0008210 of Bank Of India for the Illipili branch includes these elements, identifying the bank and the branch location in Illipili (Tn) and Tamil Nadu accurately.

How to Find IFSC Code for Bank Of India?

If you are trying to find the IFSC Code BKID0008210 of Bank Of India for its Illipili branch located in Illipili (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 Illipili (Tn) and Illipili 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 Illipili or Illipili (Tn) to get the exact IFSC Code BKID0008210.

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 Illipili (Tn), you'll get the correct details.

How to Use IFSC Code BKID0008210 for Online Transfers?

If you have the IFSC Code BKID0008210 for the Illipili branch of Bank Of India in Illipili (Tn), you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0008210. 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 BKID0008210.

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 Illipili in Illipili (Tn), 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 Illipili, 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 Illipili (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 Illipili, Illipili (Tn)?

The IFSC Code is BKID0008210.

Is the IFSC Code BKID0008210 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

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

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

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

What is the full address of the Illipili branch?

The address of the branch is Hospital Roadp O Guruvareddiyur located in Illipili (Tn), Illipili 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.