Select Branch for Bank Of India in Chennai, Tamil Nadu

Choose a branch to view IFSC code and details

Branch
Adyar

BKID0008010

NO 333 1ST MAIN ROADGANDHINAGAR
Branch
Ambattur

BKID0008221

NO 130 MTH ROADLUCKY TOWERS MANNURPET
Branch
Anna Nagar Chennai

BKID0008024

W 124 3RD AVENUEANNA NAGAR
Branch
Avadi

BKID0008064

NO1 NAGARTHINAM NAGAR GANDHINAGAR WESTAVADI TIRUVALLUR DISTT
Branch
Bullion Banking Branch

BKID0008031

6TH FLOOR PRASHANTH REAL GOLD TOWERSNORTH USMAN ROADTNAGARCHENNAI
Branch
Cathedral Road

BKID0008012

GARUDA BUILDINGS46 CATHEDRAL ROADPOST BOX NO 4908
Branch
Chennai

BKID0008000

NO17 ERRABALU CHETTY STREETSTAR HOUSE
Branch
Chennai Asset Recovery

BKID0008022

OLD NO17NEW NO 30STAR HOUSE BANK OFINDIA BLDG 4TH FLOOR ERRABALU STREET
Branch
Chennai Bullion Banking

BKID0003063

PRASHANT REAL GOLD TOWERSNORTH USMAN ROADTNAGARCHENNAI 600017
Branch
Chennai Lcb

BKID0008015

4TH FLOOR TARAPORE TOWER826 ANNA SALAI
Branch
Chennai Overseas

BKID0008025

3RD FLOOR BANK OF INDIA BLDG17 ERABALU STREET
Branch
Chennai Service

BKID0008050

SHAKTI TOWRS IST FL766 ANNA SALAI
Branch
Chennai Zonal Office

BKID000ZO37

NEW NO 30 OLD NO 17 ERRABALU STREET
Branch
Chrompet

BKID0008237

7 CLC WORKS ROAD CHROMPET
Branch
Divisional Office Chennai

BKID000DO37

DIVISIONAL OFFICE CH
Branch
East Tambaram

BKID0008066

CS COMPLEX17 DEVARAJ NAGARAGARAM MAIN ROADTAMBARAM EAST
Branch
Egmore

BKID0008009

OLD NO 17NEW NO 56CASA MAJOR ROAD EGMORE
Branch
Emerging Corporate Credir Branch Eccb Chennai

BKID0008358

OLD NO 30 NEW NO 17 STAR HOUSE 1ST FLOOR ERRABALU STREET
Branch
Guindy

BKID0008011

111 MOUNT VIEW MOUNT ROADGUINDY CHENNAI 600 032
Branch
Kalaignar KarunanidhiNagar

BKID0008013

PLOT NO 456SIR RKSHANMUGHAM RDK K NAGAR CHENNAI 600078
Branch
Kodambakam

BKID0008014

25 SECOND CROSS STREET TRUSTPURAMKODAMBAKKAM
Branch
Kodungaiyur

BKID0008021

NO3 ETHIRAJ SWAMY SALAI M R NAGARCHENNAI 600118
Branch
Kolathur

BKID0008027

25 A REDHILLS HIGH ROADKOLATHUR CHENNAI
Branch
Koyambedu

BKID0008028

100 FEET ROADI24125 JAWAHARLAL NEHRU SALAIKOYAMBEDU CHENNAI
Branch
Madipakkam

BKID0008056

VASAN COMPLEX 49 VELACHERRY MADIPAKKAM MAIN RBALAIAH GARDEN MADIPAKKAM
Branch
Mogappair

BKID0008053

5465 VALAYAPATHI SALAI JJ NAGARMOGAPPAIR EAST
Branch
Mount Road

BKID0008001

827 ANNA SALAIPOST BOX NO 2703
Branch
Mylapore C And P Banking

BKID0008002

174 LUZ CHURCH ROADMYLAPORE PBNO643
Branch
Mylapore Housing Personal Ba

BKID0008023

STAR HOUSE, 3RD FLOOR,30,ERRABALU STREET, CHENNAI 600001
Branch
Nanganallur

BKID0008035

ASHOK SRI PADMAVATHYNO14 5TH STREETLAKSHMI NAGARNANGANALLUR CHENNAI 600061
Branch
National Banking Group South

BKID000NB37

NATIONAL BANKING GROUPSOUTH
Branch
Nungambakkam

BKID0008038

PLOT NO6 DOOR NO 10MAHALINGAPURAM MAIN ROMAHALINGAPURAMNUNGAMBAKKAM
Branch
Palavakkam

BKID0008030

EAST COST ROAD PRSNAGARPALAVAKKAM CHENNAI 600041
Branch
Perungalathur

BKID0008063

1ST FLOOR NO10 KALAIGNAR NEDUNCHALAISRINIVASA NAGAR NEW PERUNGALATHUR
Branch
Perungudi

BKID0008039

PLOT NO 110111 RRR BUILDINGSBURMAH COLONYPERUNGUDIKANCHEEPURAM DISTRICT
Branch
Purasawalkam

BKID0008007

PALACE REGENCY 1ST FLOOR8093 PURASAWALKAM HIGH ROAD
Branch
Royapettah

BKID0008005

DOOR 240 OLD 130 ROYAPETTAH HIGH ROADROYAPETTAH
Branch
Santhome

BKID0008016

11OLD NO7 ROSARY CHURCH STREETSANTHOME CHENNAI 600 004
Branch
Sholinganallur

BKID0008356

NO.23, 1ST FLOOR, RAJIVA GANDHI SALAI,OMR,SHOLINGANALLUR,CHENNAI -600100
Branch
Siruseri

BKID0008357

KAZHIPATTUR,OPPOSITE RADIANCE APARTMENT,OMR MAIN ROAD,SIRUSERI
Branch
Sme City Centre Chennai

BKID000SM37

SME CITY CENTRECHENNAI
Branch
Southern Zonal Audit Office

BKID000ZA37

SOUTHERN ZONAL AUDIT O
Branch
Sowcarpet

BKID0008003

59 DEVARAJA MUDALI STREETCHENNAI 600 003
Branch
Staff Training Center Chennai

BKID000TC37

STAFF TRAINING CENTERCHENNAI
Branch
Tambaram

BKID0008054

9 RAJAJI ROADWEST TAMBARAM CHENNAI DIST KANCHEEPURAM
Branch
TheagaroyaNagar C And P Banking

BKID0008004

104SIR THEAGAROYA ROADTHEAGAROYANAGAR
Branch
Thousand Lights

BKID0008006

NO 406 LLOYDS ROADGOPALAPURAM
Branch
Triplicane

BKID0008020

4289 BHARATHI SALAITRIPLICANE
Branch
Usman Road

BKID0008019

817 MAHALAKSHMI STREETT NAGAR CHENNAI 600 017
Branch
Velachery

BKID0008032

323 VELACHERY MAIN ROAD
Branch
Virugambakkam

BKID0008034

3624 THANGAL STREET VIRUGAMBAKKAMCHENNAI TAMILNADU 600092
Branch
Washermenpet Branch

BKID0008033

123 GA ROAD OLD WASHERMENPETWASHERMENPET
Branch
West Mambalam

BKID0008029

NANMARAM BLDG 71LAKSHMI STREETNEAR POSTAL COLONY WEST MAMBALAM CHENNAI 33

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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