IFSC Code of Bank Of India, Mangalore, Mangalore, Karnataka — BKID0008440

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 Mangalore branch in Mangalore, Mangalore, Karnataka, 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 Mangalore or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code BKID0008440. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Bank Of India, Mangalore, Mangalore

The table below shows the main details of the IFSC Code BKID0008440 for the Bank Of India branch in Mangalore, which falls under the Mangalore district in Karnataka.

These details helps users in online banking and for businesses and individuals who use Bank Of India in Mangalore for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0008440 for the Mangalore 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 Mangalore, Mangalore, Karnataka, are allotted a unique IFSC like BKID0008440 to ensure that online payments reach the right destination.

The IFSC Code is important because:

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

Format of the IFSC Code BKID0008440

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

AAAA0CCCCCC

Here's the breakdown:

• First 4 characters (AAAA): Show the bank code. For Bank Of India, these letters represent the bank's short name.
• 5th character: Is always zero and is kept for future use.
• Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Mangalore in Mangalore.

For example, the IFSC Code BKID0008440 of Bank Of India for the Mangalore branch includes these elements, identifying the bank and the branch location in Mangalore and Karnataka correctly.

How to Find IFSC Code for Bank Of India?

If you are trying to find the IFSC Code BKID0008440 of Bank Of India for its Mangalore branch located in Mangalore, 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 Mangalore and Mangalore, 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 Mangalore or Mangalore to get the exact IFSC Code BKID0008440.

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 Mangalore, you'll get the correct details.

How to Use IFSC Code BKID0008440 for Online Transfers?

Once you have the IFSC Code BKID0008440 for the Mangalore branch of Bank Of India in Mangalore, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0008440. Transfers are processed in batches. This is 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. Requires the recipient's account details and Bank Of India IFSC Code BKID0008440.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Bank Of India Mangalore in Mangalore 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 Mangalore, 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 Mangalore to handle online money transfers and get their cheques cleared smoothly.