Select Branch for Bank Of India in Bangalore, Karnataka

Choose a branch to view IFSC code and details

Branch
Aecs Layout

BKID0008434

334 B BLOCK AECS LAYOUTOPP SIFY HIGH I WAY
Branch
Banashankari

BKID0008483

NO2 BHARATH MANSION 100FT RING ROADBSK IIIRD STAGE IVTH BLOCK BANASHANKARI
Branch
Banaswadi

BKID0008437

255 IST FLOOR ANJANADIR TOWERSHRBR LAY OUT DODDA BANASWADI
Branch
Bangalore

BKID0008400

11 KEMPEGOWDA ROADPOST BOX NO 9985
Branch
Bangalore Asset Recovery

BKID0008499

NO 11 BANK OF INDIA BLDGKEMPEGOWDA ROAD
Branch
Bangalore Institute Of Nursing

BKID0008458

NO33 1 BYRATHI EXTENSION NEAR EBENZERHOSPITAL OPP BIBLE COLLEGEHENNURBEGALUR
Branch
Bangalore Large Corporate

BKID0008449

15 VECTRA HOUSE 3RD FLOOR1ST MAIN ROAD6TH CROSS GANDHINAGAR
Branch
Bangalore Mid Corporate Peeny

BKID0008439

488 B VITC MODEL EXPORT PARK 4TH PHASEPEENYA INDUSTRIAL AREA BANGALORE 560058
Branch
Bangalore Service

BKID0008425

JYOTI MAHAL 49 ST MARKS ROADBANGALORE
Branch
Bangalore Sme

BKID0008426

BALAJI COMPLEX1ST FLOOR NO28
Branch
Bangalore Zonal Office

BKID000ZO51

NO 11 KEMPEGOWDA ROAD
Branch
Basaveshwar Nagar

BKID0008492

313313 A 4TH BLOCK 3RD STAGEDR SIDDAYYA BASAVESHWAR NAGAR
Branch
Bescom Cantonment

BKID0BESCOM

JYOTHI MAHAL 49 ST MARKS ROAD CANTONMENT BANGALORE 560001
Branch
Bettahalasur

BKID0008480

JALA HOBLI BETTAHALASUR CROSSBELLARY ROAD BETTAHALASUR
Branch
Btm Layout

BKID0008953

NO 1384 JAYANAGAR EAST END 100 FEET ROAD BTM LAYOUT BENGALURU PIN 560069
Branch
Byranahalli

BKID0008950

AT MAROHALLI POST T BEGUR TALUKA NELAMANGAL PIN 562123
Branch
Cantonmen

BKID00BSCOM

JOTHI MAHAL 49 ST MARKS ROAD BANGALORE 560001 KARNATAKA
Branch
Cantonment

BKID00KSBCL

JYOTHI MAHAL 49 ST MARKS ROAD CANTONMENT BANGALORE 560001
Branch
Cantonment

BKID0008404

JOTHI MAHAL49 ST MARKS ROAD
Branch
City Engineering College

BKID0008961

CITY ENGINEERING COLLEGE BRANCH PIPELINE ROAVASANTHAPURA BANGALORE KARNATAKA PIN 5600
Branch
Dobbaspet

BKID0008987

SITE NO 5, NEAR TEACHERS COLONY, SOMAPURA VILLAGE NELAMANGALA TALUK BENGALURU RURAL TALUK DOBBASPET 562111
Branch
HanumanthNagar

BKID0008490

NO 63461 99 4TH CROSS6TH MAIN ROAD
Branch
Hsr Layout

BKID0008438

NO 50 18TH MAIN 20TH CROSS 3RD SECTORHSR LAYOUT BANGALORE
Branch
Jaya Prakash Nagar

BKID0008413

VASUDHA NO 2 38TH MAINJP NAGAR OFF 100 FT RING RD 6TH PHASE
Branch
JayaNagar C And P Banking

BKID0008405

2904 11TH MAIN ROAD4TH BLOCK PB NO 1107
Branch
Jc Road

BKID0008407

42 OTC ROAD OFF JCROAD NEAR SHARADATALKIES BEHIND LIC BUILDING BANGALORE
Branch
Jeevan Bhima Nagar

BKID0008496

1655JEEVANBHIMANAGAR MAIN ROADHAL III STAGE10TH MAIN
Branch
Jigani

BKID0008963

ESHWAR COMPLEX PLOT NO3A 1 JIGANI II PHASINDUSTRIAL AREA JIGANI ANEKAL TALUKBANGALO
Branch
Jnana JyothiNagar

BKID0008424

NO2 15TH CROSS ULLAL MAIN RDMUNESWARA BADAVANE
Branch
Kolar

BKID0008986

NAS COMPLEX GROUND FLOOR NEAR SHARADA TALKIES DODDAPETE ROAD KOLAR
Branch
Koramangala

BKID0008479

KORAMANGALA BRANCHNO 67 J N C ROAD 5TH INDUSTRIAL LAYOUTKORAMANGALABANGALORE 560
Branch
Malleswaram C And P Banking

BKID0008401

NO112 MARGOSA ROADBETWEEN 10TH AND 11TH CROSS
Branch
Malleswaram Housingpersonal

BKID0008429

112MARGOSA ROAD345 MALLESWARAN
Branch
Milk Colony Bangalore

BKID0008494

KIRLOSKAR ELECTRIC CO PREMISESINDUSTRIAL SUBURB
Branch
RajajiNagar

BKID0008406

NO26 MAHADIMANE PB10061ST BLOCK12TH MAIN ROAD BESIDE HOTEL NALAPAKA RAJAJI
Branch
Rajarajeshwari Nagar

BKID0008464

127 9TH MAIN ROAD NEAR NIMISHAMBATEMPLE RAJARAJESHWARI NAGAR
Branch
Richmond Town C And P Banking

BKID0008409

22 RICHMOND ROADRICHMOND TOWN
Branch
Rpc Lay Out

BKID0008423

NO 46 5TH MAINRPC LAYOUT VIJAYANAGAR
Branch
Rt Nagar C And P

BKID0008419

NO 400 2ND MAIN 1ST BLOCKRT NAGAR BANGALORE
Branch
SahakarNagar Karnataka

BKID0008436

591 2 BALAJI HEIGHTS 60 FT ROADG BLOCK SAHAKARNAGAR KARNATAKA
Branch
Sanjay Nagar Bangalore

BKID0008493

1 24 RAGHOTHAMAN SAMARRMS COLONY
Branch
SeshadriPuram

BKID0008453

4 SHIRDI KRUPA COMPLEXNAGAPPA ST SESHADRI PURAM
Branch
Silicon City College

BKID0008478

BANK OF INDIA SILICON CITY COLLEGENO262RAVINDRA LAYOUT NEAR POLICE QUARTERK R PURA
Branch
VidyaranyaPura

BKID0008459

BANK OF INDIA NO1244 FIRST BLOCKVIDYARANYAPURA MAIN ROAD
Branch
VignanaNagar

BKID0008435

OPP VIGNANA NAGAR BUS STOP MALLESHPALLYAMAIN ROAD VIGNANA NAGAR BANGLORE
Branch
VirgoNagar

BKID0008403

VILL AVALAHALLIPOST VIRGONAGAR
Branch
VisveswaraPuram

BKID0008402

83 DIAGONAL ROADPOST BOX NO 408
Branch
Whitefield

BKID0008498

RESIDENTIAL CAMPUSSRI SATYA SAI INSTITUTE OF HIGHER
Branch
Yelahanka

BKID0008477

MIG 1138 16TH B CROSSYELAHANKA NEW TOWNBANGALORE
Branch
YeshwantPur Ssi

BKID0008408

6REGULATED MARKET COMMITTEE YARDYESHWANTPUR

What are Bank Of India IFSC Codes?

The Indian Financial System Code, commonly known as the IFSC code, is an alphanumeric code crucial for the electronic transfer of funds within the Indian banking system. This code helps in identifying specific bank branches, ensuring that electronic transactions like NEFT (National Electronic Funds Transfer), RTGS (Real-Time Gross Settlement), and IMPS (Immediate Payment Service) are conducted smoothly and accurately.

The IFSC code acts as a guide that directs money to the right bank branch, whether it is for a money transfer to a friend, payment of a bill, or business transactions.

How to Read the Structure of the Bank Of India IFSC Code

The IFSC code is an 11-character code consisting of three distinct elements:

  • First Four Characters: These letters indicate the name of the bank. For instance, the first four alphabets in the code represent the bank's name.
  • Fifth Character: This is always '0' (zero) and is reserved for potential future use in the system.
  • Last Six Characters: These can be either numeric or alphabetic and identify a specific branch of the bank.

Example: An IFSC code may appear as "BANK0123456." Here, "BANK" denotes the bank, and "0123456" identifies the specific branch. This unique combination ensures that each branch of every bank has a distinct identification number, allowing the precise identification of the account's location.

How to Locate an Bank Of India IFSC Code

Locating an IFSC code is relatively straightforward and can be done using any of the following methods:

  • Cheque Book: The cheque leaves issued by your bank carry the IFSC code, usually printed on the upper section of the leaf.
  • Bank Passbook: The IFSC code is typically found on the first page of the bank passbook provided at the time of opening the account.
  • Official Websites of Banks: Most banks provide a search tool on their websites that allows you to find their respective IFSC codes based on branch location or branch name.
  • Online Banking Portals: IFSC codes are provided in most online banking systems, enabling customers to find the code related to their bank branch.
  • Mobile Banking Apps: Many banking apps allow you to view branch details, including IFSC codes.
  • RBI Website: The Reserve Bank of India maintains an official list of all banks and their respective branch IFSC codes on its website.

Importance of IFSC Code in Fund Transfers

The IFSC code plays a significant role in secure and efficient fund transfers in the following ways:

  • NEFT (National Electronic Funds Transfer): The IFSC code ensures that funds are transferred accurately from one account in a bank to another account in a different bank in India.
  • RTGS (Real-Time Gross Settlement): The IFSC code ensures the safety and speed of high-value transactions where money needs to be transferred at once.
  • IMPS (Immediate Payment Service): An instant fund transfer service where the IFSC code directs funds to the correct branch instantly.
  • Error Prevention: Accurate use of the IFSC code minimizes the chances of funds being directed to the wrong account or branch, thereby reducing errors.

Benefits of Using IFSC Code

Here are the main benefits of IFSC codes you must know:

  • Increased Security: Using the correct IFSC code ensures the transaction reaches the correct branch of the bank, minimizing errors or misdirected funds.
  • Faster and More Efficient: IFSC codes streamline the fund transfer process, making it faster than traditional methods.
  • Universal Use: Since the IFSC code system is standardized across all banks in India, it can be used for transfers between any banks.

Procedure to Perform Bank Of India Fund Transfer Using IFSC Code

Fund transfer using an IFSC code is a simple yet vital process:

  • Log in Through Online Banking: Use your mobile banking app or Internet banking portal to log in to your bank.
  • Fund Transfer: Select the option for fund transfer, choosing between NEFT, RTGS, or IMPS.
  • Add Recipient Details: Enter the recipient's name, account number, bank name, and the IFSC code of their branch.
  • Validate Details: Verify the entered details to avoid errors. Incorrect bank and IFSC details can lead to the rejection of your fund transfer request.
  • Confirm Transfer: After confirmation, the money will be transferred. Depending on the mode of transfer, the amount may be transferred within a few seconds or minutes.

How to Open a Bank Of India Bank Account

Opening a bank account is a simple if you have the necessary documents and meet the eligibility criteria:

Eligibility Criteria

  • Any citizen over 18 years old is eligible to open a bank account.
  • In the case of minors, parents or guardians can open an account on their behalf.
  • Non-residents are also eligible, provided they fulfill certain conditions established by the banks.

Required Documents

  • Proof of Identity: Aadhaar Card, Passport, Voter ID, or any government-issued ID.
  • Proof of Address: Aadhaar Card, Passport, utility bills, or any valid document proving residence.
  • PAN Card: A PAN card is required for tax compliance.
  • Passport Size Photographs: Usually, two to three recent photographs are needed.
  • Form 16: In certain cases where a PAN card is not available, Form 16 may be considered.

Process to Open an Account

  • Visit a Bank: Visit a branch of your chosen bank, or apply online if the bank offers an online application service.
  • Fill Out the Form: Complete the account opening form with your personal information.
  • Submit Documents: Provide documents verifying your identity and address.
  • Initial Deposit: Make an initial deposit if required by the specific type of account.
  • Account Activation: Once your documents are verified, your account will be activated, and you will receive a passbook, checkbook, and debit card.
  • Register for Internet and Mobile Banking: Register for Internet and mobile banking services to facilitate easy transactions.

Loan EMI Calculator: Importance and Types

For anyone taking a loan, an EMI calculator is a vital and useful tool. Based on the loan amount, interest rate, and repayment period, it assists you in calculating the monthly repayment amount. You may better manage your money and make sure the loan doesn't put a burden on your resources by using an EMI calculator. It helps you steer clear of any unpleasant shocks later on by giving you a clear image of your financial commitment.

Loan Calculators

  • Loan Calculator VA: Specifically designed for VA loans, helping veterans calculate their mortgage payments.
  • Loan Calculator Vehicle: Assists in determining monthly payments for vehicle loans.
  • Loan Calculator 30 Year: Calculates monthly payments for a 30-year loan term.
  • Loan Calculator Yearly Payment: Provides an annual breakdown of loan payments.

EMI Calculators

  • EMI Calculator for Home Loan: Helps in calculating the Equated Monthly Installment (EMI) for home loans.
  • EMI Calculator Us: Tailored for users in the US to compute their home loan EMIs.
  • EMI Calculator on Home Loan: Another tool for calculating home loan EMIs, ensuring accurate monthly payment estimates.

Interest Calculators

  • Interest calculator yearly: Calculates the annual interest on loans or investments.

SIP Calculators

  • SIP Calculator India: Designed for Indian investors to calculate returns on Systematic Investment Plans (SIPs).
  • SIP Calculator Return: Estimates the returns on SIP investments.
  • SIP Calculator Mutual Fund: Calculates potential returns from mutual fund SIPs.
  • SIP Calculator Months: Provides monthly breakdowns of SIP investments.
  • SIP Calculator Online: An online tool for calculating SIP returns.
  • SIP Calculator Yearly: Offers yearly projections of SIP returns.

PPF Calculators

  • PPF Calculator India: Calculates returns on Public Provident Fund (PPF) investments in India.
  • PPF Generator: Generates detailed reports on PPF investments.
  • PPF Calculator 15 Years: Estimates returns over a 15-year period.
  • PPF Calculator 30 Years: Projects returns over a 30-year period.

Conclusion

An IFSC code is an essential component of the Indian banking system, ensuring the secure electronic transfer of funds. Whether you're doing a simple NEFT transfer or a high-value RTGS transaction, the IFSC code plays an indispensable role in smooth banking operations. Knowing how to find and use this code is crucial for anyone conducting electronic transactions in India.

Frequently Asked Questions (FAQs)

IFSC stands for Indian Financial System Code. It is an 11-character alphanumeric code used to identify a specific branch of a bank in India. It is required for electronic fund transfers like RTGS and NEFT.

The IFSC code is crucial for ensuring safe and error-free transfers from one bank to another. It helps route transactions through the correct bank branch.

You can find the IFSC code on your cheque book and passbook or on your bank's official website. The Reserve Bank of India also publishes a list of IFSC codes.

Yes, the IFSC code is required to complete electronic fund transfers like NEFT, RTGS, and IMPS. Without the IFSC code, the transfer cannot be completed.

In Internet banking, the IFSC code of the beneficiary's bank and branch ensures safe and accurate transfers.

No, each branch of a bank has a unique IFSC code, making it easier to identify the specific branch for transactions.

Latest Blog Posts