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 Kedareswarapet branch in Vijayawada, Vijayawada, Andhra Pradesh, 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 Vijayawada or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code BKID0008683. 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, Kedareswarapet, Vijayawada
The table below shows the main details of the IFSC Code BKID0008683 for the Bank Of India branch in Vijayawada, which falls under the Vijayawada district in Andhra Pradesh.
| Particulars | Details |
|---|---|
| Bank | Bank Of India |
| IFSC Code | BKID0008683 |
| Branch | Kedareswarapet |
| City | Vijayawada |
| District | Vijayawada |
| State | Andhra Pradesh |
| Address | Kedareswarapet Main Roaddno18 5 18Vijaywada Dist Krishna |
These details are crucial, not just for online banking users but also for businesses and individuals who use Bank Of India in Vijayawada for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0008683 for the Kedareswarapet branch of Bank Of India has 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, along with Bank Of India located in Kedareswarapet, Vijayawada, Andhra Pradesh, are allotted a unique IFSC like BKID0008683 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Vijayawada.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Vijayawada and Vijayawada.
- 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 Kedareswarapet reaches the right place, even though there are thousands of branches in Andhra Pradesh and across India.
Format of the IFSC Code BKID0008683
This is the format of the IFSC Code for banks, including Bank Of India, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For Bank Of India, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Kedareswarapet in Vijayawada.
For example, the IFSC Code BKID0008683 of Bank Of India for the Kedareswarapet branch includes these elements, identifying the bank and the branch location in Vijayawada and Andhra Pradesh accurately.
How to Find IFSC Code for Bank Of India?
If you are looking for the IFSC Code BKID0008683 of Bank Of India for its Kedareswarapet branch located in Vijayawada, 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 Vijayawada and Vijayawada, 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 Kedareswarapet or Vijayawada to get the exact IFSC Code BKID0008683.
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 Vijayawada, then it will provide you proper information.
How to Use IFSC Code BKID0008683 for Online Transfers?
If you have the IFSC Code BKID0008683 for the Kedareswarapet branch of Bank Of India in Vijayawada, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code BKID0008683. Transfers are processed in batches. 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. Asks for the recipient's account details and Bank Of India IFSC Code BKID0008683.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Bank Of India Kedareswarapet in Vijayawada, it 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 Kedareswarapet, 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 Vijayawada to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is BKID0008683.
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 Kedareswarapet Main Roaddno18 5 18Vijaywada Dist Krishna located in Vijayawada, Vijayawada, Andhra Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.