IFSC Code of Bank Of India, Piduguralla, Piduguralla Guntur Distt, Andhra Pradesh- BKID0005674

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 Piduguralla branch in Piduguralla (Guntur Distt), Piduguralla Guntur Distt, 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 Piduguralla (Guntur Distt) or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code BKID0005674. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Bank Of India, Piduguralla, Piduguralla (Guntur Distt)

Here are some of the key details that come with the IFSC Code BKID0005674 of Bank Of India for its branch located in Piduguralla (Guntur Distt), within the district of Piduguralla Guntur Distt in the state of Andhra Pradesh.

These details are essential not only for online banking users but also for businesses and individuals who use Bank Of India in Piduguralla (Guntur Distt) for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0005674 for the Piduguralla 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 that is provided by the Reserve Bank of India. A unique IFSC like BKID0005674 is given to every bank branch, including Bank Of India located in Piduguralla, Piduguralla (Guntur Distt), Andhra Pradesh, to make sure that online payments reach the right place.

The IFSC Code is important because:

• It uniquely identifies the Bank Of India branch in Piduguralla (Guntur Distt).
• It helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It avoids any kind of confusion between multiple branches of the same bank across different places like Piduguralla (Guntur Distt) and Piduguralla Guntur Distt.
• It removes errors in fund transfers and improves accuracy.
• It lets the sender banks validate and confirm branch details before they process the payments.

There are thousands of branches across Andhra Pradesh and the rest of India, which is why the IFSC Code ensures that transactions meant for Bank Of India in Piduguralla doesn't end up at another location.

Format of the IFSC Code BKID0005674

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 Piduguralla in Piduguralla (Guntur Distt).

For example, the IFSC Code BKID0005674 of Bank Of India for the Piduguralla branch has these elements, identifying the bank and the branch location in Piduguralla (Guntur Distt) and Andhra Pradesh correctly.

How to Find IFSC Code for Bank Of India?

If you are trying to find the IFSC Code BKID0005674 of Bank Of India for its Piduguralla branch located in Piduguralla (Guntur Distt), 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 Piduguralla (Guntur Distt) and Piduguralla Guntur Distt, 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 Piduguralla or Piduguralla (Guntur Distt) to get the exact IFSC Code BKID0005674.

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 Piduguralla (Guntur Distt), you'll get the correct details.

How to Use IFSC Code BKID0005674 for Online Transfers?

Once you have the IFSC Code BKID0005674 for the Piduguralla branch of Bank Of India in Piduguralla (Guntur Distt), you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BKID0005674. 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 BKID0005674.

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 Piduguralla in Piduguralla (Guntur Distt) 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 Piduguralla, 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 Piduguralla (Guntur Distt) to handle online money transfers and get their cheques cleared smoothly.