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Bank of India

TALERE BRANCH

+912367240131

IFSC CODE
BKID0001478
MICR Code 416013578
Branch Code 001478
City / District TALERE SINDHUDURG
State MAHARASHTRA
Office Address 101 ANUSYA APT MUMBAI GOA HIGHWAYBAZARPETH TALERE TAL KANKAVLI DIST SINDHUDU
Phone +912367240131
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Understanding IFSC Code: The Digital DNA of Bank of India

When performing any digital transaction in India, the Indian Financial System Code (IFSC) acts as a critical identifier. For the TALERE branch of Bank of India, the code BKID0001478 ensures that your funds are routed through the Reserve Bank of India's (RBI) structured network without manual errors. In an era of instant payments, having the correct IFSC is as important as the account number itself.

Anatomy of the BKID0001478 Code

An IFSC is an 11-character alphanumeric code. Let's break down the logic behind the code for this specific branch:

First 4

Bank Identity

"BKID" represents Bank of India

5th Digit

Control Character

Always '0' (Reserved for future use)

Last 6

Branch Locator

Unique code for TALERE

Payment Systems Supported by BKID0001478

System Transfer Limit Processing Time
NEFT No Minimum (Up to ₹50 Lakhs+) Half-hourly batches (24x7)
RTGS Minimum ₹2 Lakhs Real-time settlement
IMPS Up to ₹5 Lakhs Instant (Mobile/P2P)

Why do you need the MICR Code?

While IFSC is for digital transfers, the Magnetic Ink Character Recognition (MICR) code—416013578—is primarily used for the processing and clearance of physical cheques. This 9-digit code helps in identifying the bank and branch during the Cheque Truncation System (CTS) cycle, making clearing faster and error-free.

Bank Holidays & Availability

The Bank of India in TALERE SINDHUDURG typically follows the RBI holiday calendar. Digital transfers via BKID0001478 for NEFT/RTGS are now available 365 days a year, regardless of physical branch timings or Sunday closures.

Security Warning & Verification

Always verify the branch details before making a large payment. While BKID0001478 is the valid code for TALERE at TALERE SINDHUDURG, ensure the beneficiary name matches perfectly in your mobile banking app.

RBI Verified NEFT Enabled RTGS 24x7

Bank Search Indexing & Metadata

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Branch Context

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Platform Links

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