Bank of India IFSC Code
RAYACHOTY Branch, RAYACHOTY, RAYACHOTY, ANDHRA PRADESH
The official Indian Financial System Code (IFSC) for Bank of India, RAYACHOTY branch in RAYACHOTY, ANDHRA PRADESH is BKID0001162. The MICR code for cheque clearance is 516013006.
Branch Fact Sheet & Electronic Routing Details
- Bank Name
- Bank of India
- Branch Name
- RAYACHOTY
- MICR Code
- City / District
- RAYACHOTY (RAYACHOTY)
- State
- ANDHRA PRADESH
- Postal Pincode
- N/A
KRISHNAPURAM REVENUE WARD 38 RAYACHOTY
How to Read IFSC Code: BKID0001162
An Indian Financial System Code (IFSC) is a unique 11-character alphanumeric code assigned by the Reserve Bank of India to identify bank branches for electronic payment systems.
First 4 alphabetic characters identify Bank of India.
5th character is always numeral '0', reserved for future use.
Last 6 alphanumeric characters identify the specific physical branch.
Payment Systems Supported by this IFSC Code
| Payment System | Settlement Time | Minimum Amount | Availability | Ideal For |
|---|---|---|---|---|
| NEFT (National Electronic Funds Transfer) | Half-hourly batches | ₹1 (No minimum) | 24x7x365 | Routine bills, small & medium transactions |
| RTGS (Real Time Gross Settlement) | Real-time instant | ₹2,00,000 | 24x7x365 | High-value urgent financial transfers |
| IMPS (Immediate Payment Service) | Immediate | ₹1 (Max ₹5 Lakh) | 24x7x365 | Instant mobile banking & emergency transfers |
Frequently Asked Questions: Bank of India (BKID0001162)
What is the IFSC Code for Bank of India RAYACHOTY branch?
The IFSC Code for Bank of India RAYACHOTY branch in RAYACHOTY, ANDHRA PRADESH is BKID0001162. It is used for NEFT, RTGS, and IMPS funds transfer.
What is the address of Bank of India RAYACHOTY branch?
The branch is located at: KRISHNAPURAM REVENUE WARD 38 RAYACHOTY, RAYACHOTY, ANDHRA PRADESH.
What is the MICR Code for Bank of India RAYACHOTY?
The MICR Code for electronic cheque clearing at Bank of India RAYACHOTY is 516013006.
How can I contact Bank of India RAYACHOTY branch?
You can contact the branch at: Phone: +918143244983. For official national customer care, refer to Bank of India's official banking channels.
How to decipher the IFSC code BKID0001162?
The first 4 characters 'BKID' represent Bank of India. The 5th character is '0' reserved for future use. The last 6 characters '001162' represent the specific RAYACHOTY branch code.
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