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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Bank Of India for its Marottichal branch in Marottichal (Dist. Thrissur), Marottichal Dist Thrissur, Kerala, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of Bank Of India located in Marottichal (Dist. Thrissur) or anywhere in Kerala can transfer funds instantly by using the correct IFSC Code BKID0008557. 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, Marottichal, Marottichal (Dist. Thrissur)
Below in the table are the key details related to IFSC Code BKID0008557 of Bank Of India for its branch located in Marottichal (Dist. Thrissur), within the district of Marottichal Dist Thrissur in the state of Kerala.
| Particulars | Details |
|---|---|
| Bank | Bank Of India |
| IFSC Code | BKID0008557 |
| Branch | Marottichal |
| City | Marottichal (Dist. Thrissur) |
| District | Marottichal Dist Thrissur |
| State | Kerala |
| Address | Pomarottichaldist Thrissur Kerala |
These details helps users in online banking and for businesses and individuals who use Bank Of India in Marottichal (Dist. Thrissur) for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0008557 for the Marottichal 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, including Bank Of India located in Marottichal, Marottichal (Dist. Thrissur), Kerala, is provided with a unique IFSC like BKID0008557 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Bank Of India branch in Marottichal (Dist. Thrissur).
- 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 Marottichal (Dist. Thrissur) and Marottichal Dist Thrissur.
- 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 Kerala and the rest of India and the IFSC Code ensures that transactions meant for Bank Of India in Marottichal do not get mixed with another location.
Format of the IFSC Code BKID0008557
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): 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 Marottichal in Marottichal (Dist. Thrissur).
For example, the IFSC Code BKID0008557 of Bank Of India for the Marottichal branch includes these elements, identifying the bank and the branch location in Marottichal (Dist. Thrissur) and Kerala accurately.
How to Find IFSC Code for Bank Of India?
To find the IFSC Code BKID0008557 of Bank Of India for its Marottichal branch located in Marottichal (Dist. Thrissur), the following methods can help you out:
Cheque Book
The cheque book issued by Bank Of India includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Bank Of India branches in Marottichal (Dist. Thrissur) and Marottichal Dist Thrissur, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Bank Of India and go to the branch locator section. Then search for Marottichal or Marottichal (Dist. Thrissur) to find the exact IFSC Code BKID0008557.
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 maintains an updated database of all IFSC codes. Searching for Bank Of India and Marottichal (Dist. Thrissur) will provide accurate information.
How to Use IFSC Code BKID0008557 for Online Transfers?
Once you have the IFSC Code BKID0008557 for the Marottichal branch of Bank Of India in Marottichal (Dist. Thrissur), you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code BKID0008557. 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 BKID0008557.
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 Marottichal in Marottichal (Dist. Thrissur), 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 Marottichal, 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 Marottichal (Dist. Thrissur) manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is BKID0008557.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Pomarottichaldist Thrissur Kerala located in Marottichal (Dist. Thrissur), Marottichal Dist Thrissur, Kerala.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.