IFSC Code of Bank Of India, Bhanugudi Junction, Kakinada, Andhra Pradesh — BKID0008659

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 Bhanugudi Junction branch in Kakinada, Kakinada, 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 Kakinada or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code BKID0008659. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Bank Of India, Bhanugudi Junction, Kakinada

Here are the main details that are associated with the IFSC Code BKID0008659 of Bank Of India for its branch located in Kakinada, within the district of Kakinada in the state of Andhra Pradesh.

These details helps users in online banking and for businesses and individuals who use Bank Of India in Kakinada for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0008659 for the Bhanugudi Junction branch of Bank Of India plays a vital 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 Bhanugudi Junction, Kakinada, Andhra Pradesh, are allotted a unique IFSC like BKID0008659 to ensure that online payments reach the right destination.

The IFSC Code is important because:

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

Format of the IFSC Code BKID0008659

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 Bhanugudi Junction in Kakinada.

For example, the IFSC Code BKID0008659 of Bank Of India for the Bhanugudi Junction branch includes these elements, identifying the bank and the branch location in Kakinada and Andhra Pradesh accurately.

How to Find IFSC Code for Bank Of India?

If you are trying to find the IFSC Code BKID0008659 of Bank Of India for its Bhanugudi Junction branch located in Kakinada, 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 Kakinada and Kakinada, 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 Bhanugudi Junction or Kakinada to get the exact IFSC Code BKID0008659.

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 Kakinada, you'll get the correct details.

How to Use IFSC Code BKID0008659 for Online Transfers?

If you have the IFSC Code BKID0008659 for the Bhanugudi Junction branch of Bank Of India in Kakinada, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0008659. 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 BKID0008659.

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 Bhanugudi Junction in Kakinada, 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 Bhanugudi Junction, 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 Kakinada to handle online money transfers and get their cheques cleared smoothly.