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 Kattakkada branch in Kattakada, Kattakada, or Kerala, 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 Kattakada or anywhere in Kerala can transfer funds instantly by using the correct IFSC Code BKID0008533. 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, Kattakkada, Kattakada

Here are some of the key details that come with the IFSC Code BKID0008533 of Bank Of India for its branch located in Kattakada, within the district of Kattakada in the state of Kerala.

Particulars Details
Bank Bank Of India
IFSC Code BKID0008533
Branch Kattakkada
City Kattakada
District Kattakada
State Kerala
Address Kattakkadadistrict Thiruvananthapuram

These details are important not only for users using online banking but also for businesses and individuals who use Bank Of India in Kattakada for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code BKID0008533 for the Kattakkada 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, along with Bank Of India located in Kattakkada, Kattakada, Kerala, are allotted a unique IFSC like BKID0008533 to ensure that online payments reach the right destination.

The IFSC Code is important because:

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

Format of the IFSC Code BKID0008533

The format of the IFSC Code for banks, including Bank Of India, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown:

  • First 4 characters (AAAA): These represent the bank code. In Bank Of India, they are a short identifier for the bank.
  • 5th character (0): This is always zero and is reserved for future use.
  • Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Kattakkada in Kattakada.

For example, the IFSC Code BKID0008533 of Bank Of India for the Kattakkada branch has these elements, identifying the bank and the branch location in Kattakada and Kerala correctly.

How to Find IFSC Code for Bank Of India?

If you are looking for the IFSC Code BKID0008533 of Bank Of India for its Kattakkada branch located in Kattakada, 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 Kattakada and Kattakada, 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 Kattakkada or Kattakada to get the exact IFSC Code BKID0008533.

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 Kattakada, then it will provide you proper information.

How to Use IFSC Code BKID0008533 for Online Transfers?

If you have the IFSC Code BKID0008533 for the Kattakkada branch of Bank Of India in Kattakada, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0008533. 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 BKID0008533.

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 Kattakkada in Kattakada, 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 Kattakkada, 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 Kattakada 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 Kattakkada, Kattakada?

The IFSC Code is BKID0008533.

Is the IFSC Code BKID0008533 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 Kattakkada?

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 Kattakkada branch?

The address of the branch is Kattakkadadistrict Thiruvananthapuram located in Kattakada, Kattakada, Kerala.

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.