There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Bank Of India for its Tirur branch in Tirur (Ke), Tirur Ke, Kerala, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of Bank Of India situated in Tirur (Ke) or anywhere in Kerala can easily transfer funds instantly by using the correct IFSC Code BKID0008505. You should 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, Tirur, Tirur (Ke)
The table below shows the main details of the IFSC Code BKID0008505 for the Bank Of India branch in Tirur (Ke), which falls under the Tirur Ke district in Kerala.
| Particulars | Details |
|---|---|
| Bank | Bank Of India |
| IFSC Code | BKID0008505 |
| Branch | Tirur |
| City | Tirur (Ke) |
| District | Tirur Ke |
| State | Kerala |
| Address | Chathery Corner Thazhepalamtirur Malappuram District |
These details are important not only for users using online banking but also for businesses and individuals who use Bank Of India in Tirur (Ke) for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code BKID0008505 for the Tirur 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 that is provided by the Reserve Bank of India. A unique IFSC like BKID0008505 is given to every bank branch, including Bank Of India located in Tirur, Tirur (Ke), Kerala, 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 Tirur (Ke).
- 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 Tirur (Ke) and Tirur Ke.
- 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 Kerala and the rest of India, which is why the IFSC Code ensures that transactions meant for Bank Of India in Tirur doesn't end up at another location.
Format of the IFSC Code BKID0008505
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 Tirur in Tirur (Ke).
For example, the IFSC Code BKID0008505 of Bank Of India for the Tirur branch has these elements, identifying the bank and the branch location in Tirur (Ke) and Kerala correctly.
How to Find IFSC Code for Bank Of India?
If you are trying to find the IFSC Code BKID0008505 of Bank Of India for its Tirur branch located in Tirur (Ke), the following methods can help:
Cheque Book
The cheque books that are issued by Bank Of India include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.
Passbook
Most banks, including Bank Of India branches in Tirur (Ke) and Tirur Ke, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Bank Of India and find the branch locator section. Search for Tirur or Tirur (Ke) to get the exact IFSC Code BKID0008505.
Mobile Banking App
If you use Bank Of India's mobile app, you can easily 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 to help you in searching for Bank Of India and Tirur (Ke) that will provide accurate information.
How to Use IFSC Code BKID0008505 for Online Transfers?
Once you have the IFSC Code BKID0008505 for the Tirur branch of Bank Of India in Tirur (Ke), you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code BKID0008505. 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 BKID0008505.
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 Tirur in Tirur (Ke) 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 Tirur, 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 Tirur (Ke) to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is BKID0008505.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Chathery Corner Thazhepalamtirur Malappuram District located in Tirur (Ke), Tirur Ke, Kerala.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.