Bank of India, KANDRI, KANDRI TAL RAMTEK DIST NAGPUR Branch IFSC Code

The IFSC code BKID0008721 is assigned to Bank of India, KANDRI located in KANDRI TAL RAMTEK DIST NAGPUR, MAHARASHTRA. This code is required for electronic fund transfers like NEFT, RTGS, and IMPS transactions.

✓ NEFT ✓ RTGS ✓ IMPS ✓ UPI

Bank Details

Bank Name Bank of India
IFSC Code BKID0008721
MICR Code 440013509
Branch Code 008721
Branch KANDRI
City KANDRI TAL RAMTEK DIST NAGPUR
District KANDRI TAL RAMTEK DIST NAGPUR
State MAHARASHTRA
Address MAIN ROAD KANDRITEHSIL RAMTEKDIST NAGPUR Maps
Contact +917114268151

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Understanding IFSC and MICR Codes

What is IFSC Code?

IFSC (Indian Financial System Code) is an 11-character alphanumeric code used to identify bank branches in India. It is essential for electronic fund transfers through NEFT, RTGS, and IMPS systems.

BKID Bank Code
0 Reserved (0)
008721 Branch Code

What is MICR Code?

MICR (Magnetic Ink Character Recognition) is a 9-digit code printed on cheques. It helps in faster processing of cheques through automated reading.

440 City Code
013 Bank Code
509 Branch Code

When to Use These Codes?

  • NEFT Transfer: Use IFSC code for National Electronic Funds Transfer (available 24x7)
  • RTGS Transfer: Use IFSC code for Real Time Gross Settlement (for amounts ≥ ₹2 lakhs)
  • IMPS Transfer: Use IFSC code for Immediate Payment Service (instant transfers)
  • Cheque Processing: MICR code is printed on cheques for automated clearing

Frequently Asked Questions

IFSC Code BKID0008721 is the Indian Financial System Code assigned to Bank of India, KANDRI branch in KANDRI TAL RAMTEK DIST NAGPUR, MAHARASHTRA. This 11-character code uniquely identifies this bank branch in India's electronic payment systems.

This branch is located in KANDRI TAL RAMTEK DIST NAGPUR, KANDRI TAL RAMTEK DIST NAGPUR, MAHARASHTRA. The full address is: MAIN ROAD KANDRITEHSIL RAMTEKDIST NAGPUR

The branch code is 008721. This is the last 6 characters of the IFSC code that uniquely identifies this specific branch of Bank of India.

This branch supports the following electronic fund transfer services:

  • NEFT - Available
  • RTGS - Available
  • IMPS - Available
  • UPI - Available

The MICR (Magnetic Ink Character Recognition) code for this branch is 440013509. MICR code is a 9-digit code used for processing cheques and is printed on cheque leaves.

To use this IFSC code for fund transfers:

  1. Log in to your bank's internet banking or mobile app
  2. Navigate to fund transfer section (NEFT/RTGS/IMPS)
  3. Enter the beneficiary's account number
  4. Enter IFSC Code: BKID0008721
  5. Verify the bank and branch details auto-populated
  6. Complete the transfer
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