Select Branch for Bank Of India in NagPur, Maharashtra

Choose a branch to view IFSC code and details

Branch
Ajni Square

BKID0008707

HOUSE NO 765 PLOT NO 1HINDUSTAN COLONY
Branch
Anant Nagar

BKID0008768

FARHAT MANZIL PLOT NO11 AHBAB COLONY CHOWKBEHIND POLICE LINE TAKLI ANANT NAGAR NAGPUR
Branch
Besa

BKID0008755

KONARK PLAZAPLOT NO 99 BESA
Branch
Butibori

BKID0008715

MAIN ROAD BUTIBORIDIST NAGPUR
Branch
Centralised Pension Processing Centre

BKID0008759

2ND FLOOR BANK OF INDIA BUILDING KINGSWAY STATION ROAD NAGPUR
Branch
Dabha

BKID0009665

PLOT NO. 11, MOUZA DABHA, KH NO. 167/2, WARD NO. 68, UTKARSH GRUHA NIRMAN SAHAKARI SANSTHA, DABHA, NAGPUR - 440023
Branch
Davala Mati

BKID0008723

DAVALA MATIPOST WAD DHAMNA
Branch
Dharampeth

BKID0008702

NO 2 NORTH AMBAZARI ROADPOST BOX NO 266
Branch
Dighori

BKID0008771

PLOT NO9 ADARSH NAGAR UMRED ROAD DIGHORI NAGPUR 440009
Branch
Eccb NagPur

BKID0009666

BANK OF INDIA ZONAL OFFICE BUILDING MEZZANINE FLOOR S V PATEL MARG KINGSWAY MOHAN NAGPUR 440001
Branch
Fetri

BKID0008745

AT POST FETRITAH DISTT NAGPUR
Branch
Gandhi Baug

BKID0008703

87 A GANDHI BAUGNAGPUR
Branch
Godhani

BKID0008773

HO MRSPUSHPATAI GANPATRAO GOMASE HOUSE NO PLOT NO02 GODHANI
Branch
Head Branch NagPur

BKID0VG1000

VIDHARBHA KONKAN GRAMIN BANK CHANDRAPRASTHA 2NDPLOT NO 6 DEENDAYAL NAGAR NAGPUR440022
Branch
Hingna

BKID0008766

HOUSE NO 1179 1180 MAIN ROAD HINGANADIST NAGPUR MH
Branch
Hudkeshwar

BKID0008753

PLOT NO 1NEAR BUS STOPKADU NAGARHUDKESHWAR ROAD
Branch
Indo Rama

BKID0008748

INDO RAMA SYNTHETICS I LTDA 31 MIDC COMPLEX
Branch
Itwari

BKID0008701

OPP DAJI DISPENSARYBHANDARA ROAD POST BOX NO 305
Branch
Kadbi Chowk

BKID0008746

RAWAL PLAZA FIRST FLOORKADBI CHOWK
Branch
Kalameshwar

BKID0008713

5 MUDEY LEYOUTWARD NO1KALAMESHWAR DISTNAGPUR
Branch
Kalamna

BKID0008754

PRITAM GOODWILLNIT PLOT NO 1 WARD NO 23
Branch
Kamptee

BKID0008718

KAWA SADAN KIRANA OLI KAMPTEE
Branch
Khamla

BKID0008769

PLOT NO58 AGNE LAYOUT AGNE COLLEGENEW JAITALA RING ROAD KHAMLANAGPUR 440022
Branch
Khapri

BKID0008729

AT POST KHAPRITALUKA DISTNAGPUR
Branch
Ldm Office NagPur

BKID000L063

LDM OFFICE NAGPUR
Branch
Ldm Office Bhandara

BKID000L363

LDM OFFICE BHANDARA NAGPUR ZO
Branch
Ldm Office Gadchiroli

BKID000L263

LDM OFFICE GADCHIROL
Branch
Mahal

BKID0008704

BUDHWAR BAZARMAHAL
Branch
Manewada

BKID0008775

BANK OF INDIA MANEWADA BRANCH 8 NEWDNYANESHWAR NAGAR MANEWADA ROAD NAGPUR
Branch
Medical College Square

BKID0008708

BAPURAO GANPATHRAO MUDES BLDGHANUMAN NAGARPLOT NO73MEDICAL COLLEGE LAYOUT NAGPUR
Branch
NagPur

BKID0008700

KINGSWAYPOST BOX NO 9
Branch
NagPur Asset Recovery

BKID0008777

BANK OF INDIA BUILDING,S.V.PATEL MARG,KINGSWAY NAGPUR 440001
Branch
NagPur Government Business

BKID0008749

1ST FLOOR BANK OF INDIA BLDG87 A GANDHIBAGH
Branch
NagPur Retail Hub

BKID0008752

1ST FLOOR DHARAMPETH BRANCH BUILDINGSHANKARNAGAR SQUARE
Branch
NagPur Service

BKID0008750

BANK OF INDIA BLDG 1ST FLOORSV PATEL ROAD PB NO 18
Branch
NagPur Zonal Office

BKID000ZO63

BOI BLDG 3RD FLOOR SARDAR VALLABH BHAI
Branch
Rabindranath Tagore Road

BKID0008709

RABINDRANATH TAGORE ROADCIVIL LINES
Branch
Rajiv Gandhi Chowk

BKID0009226

ZINZARDE SHOPPING COMPLEXBHANDARA NAGPUR
Branch
Rana PratapNagar

BKID0008722

PLOT NO 24GANESH LAYOUT
Branch
Reshimbag

BKID0008705

PLOT NO 528AJUNI SHUKRAWARI ROADGAJANAN MAHARAJ CHOWK SAKKARDARA NAGPUR
Branch
Rtm NagPur University

BKID0008762

RTM NAGPUR UNIV CAMPUSAMRAVATI ROAD NAGPUR
Branch
Sitabuldi

BKID0008706

NEAR RANI JHANSI SQUARESITABULDI
Branch
Sme City Centre NagPur

BKID000SM63

SME CITY CENTRENAGPUR
Branch
Somalwada

BKID0008740

PLOT NO9 MAYASMRUTIWARDHA ROAD SOMALWADA
Branch
Trimurti Nagar

BKID0008758

PLOT NO 4344 OPP NIT GARDEN RING ROAD
Branch
Umred

BKID0008761

432462 NAGPUR CHANDRAPUR HIGHWAY BY PASSCHOWK UMRED DIST NAGPUR
Branch
Vaishali Nagar

BKID0008776

PLOT NO 1074 SHREE ARVIND BHAVAN VAISHALI NAGAR NAGPUR
Branch
Yavatmal

BKID0000630

DATT CHOWKTILAK WADI YAVATMAL
Branch
YenaPur

BKID0009643

AT PO YENAPURTALUKA CHAMORSHI
Branch
Zilpa

BKID0008710

AT POST ZILPATEHSIL KALOL

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.

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