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 Narsaraopeta branch in Narasaraopet, Guntur Dist., Narasaraopet Guntur Dist, Andhra Pradesh, 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 Narasaraopet, Guntur Dist. or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code BKID0005672. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Bank Of India, Narsaraopeta, Narasaraopet, Guntur Dist.

Here are some of the key details that come with the IFSC Code BKID0005672 of Bank Of India for its branch located in Narasaraopet, Guntur Dist., within the district of Narasaraopet Guntur Dist in the state of Andhra Pradesh.

Particulars Details
Bank Bank Of India
IFSC Code BKID0005672
Branch Narsaraopeta
City Narasaraopet, Guntur Dist.
District Narasaraopet Guntur Dist
State Andhra Pradesh
Address D No 9 6 3 Madduri Enclaves Old Lic Roadramireddypett Narasraopet

These details are essential not only for online banking users but also for businesses and individuals who use Bank Of India in Narasaraopet, Guntur Dist. for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0005672 for the Narsaraopeta branch of Bank Of India plays an 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 Narsaraopeta, Narasaraopet, Guntur Dist., Andhra Pradesh, is provided with a unique IFSC like BKID0005672 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the Bank Of India branch in Narasaraopet, Guntur Dist..
  • 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 Narasaraopet, Guntur Dist. and Narasaraopet Guntur Dist.
  • 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 Andhra Pradesh and the rest of India and the IFSC Code ensures that transactions meant for Bank Of India in Narsaraopeta do not get mixed with another location.

Format of the IFSC Code BKID0005672

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 Narsaraopeta in Narasaraopet, Guntur Dist..

For example, the IFSC Code BKID0005672 of Bank Of India for the Narsaraopeta branch has these elements, identifying the bank and the branch location in Narasaraopet, Guntur Dist. and Andhra Pradesh correctly.

How to Find IFSC Code for Bank Of India?

If you are looking for the IFSC Code BKID0005672 of Bank Of India for its Narsaraopeta branch located in Narasaraopet, Guntur Dist., 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 Narasaraopet, Guntur Dist. and Narasaraopet Guntur Dist, 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 Narsaraopeta or Narasaraopet, Guntur Dist. to get the exact IFSC Code BKID0005672.

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 Narasaraopet, Guntur Dist., then it will provide you proper information.

How to Use IFSC Code BKID0005672 for Online Transfers?

Once you have the IFSC Code BKID0005672 for the Narsaraopeta branch of Bank Of India in Narasaraopet, Guntur Dist., you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0005672. 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 BKID0005672.

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 Narsaraopeta in Narasaraopet, Guntur Dist. 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 Narsaraopeta, 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 Narasaraopet, Guntur Dist. 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 Narsaraopeta, Narasaraopet, Guntur Dist.?

The IFSC Code is BKID0005672.

Is the IFSC Code BKID0005672 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

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

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

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Narsaraopeta branch?

The address of the branch is D No 9 6 3 Madduri Enclaves Old Lic Roadramireddypett Narasraopet located in Narasaraopet, Guntur Dist., Narasaraopet Guntur Dist, Andhra Pradesh.

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.