Bank of India
KANDUKUR BRANCH
+918598221225
Related Branches
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 KANDUKUR
branch of Bank of India, the code BKID0005617 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 BKID0005617 Code
An IFSC is an 11-character alphanumeric code. Let's break down the logic behind the code for this specific branch:
Bank Identity
"BKID" represents Bank of India
Control Character
Always '0' (Reserved for future use)
Branch Locator
Unique code for KANDUKUR
Payment Systems Supported by BKID0005617
| 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—523013682—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 KANDUKUR PRAKASAM DISTT AP typically follows the RBI holiday calendar. Digital transfers via BKID0005617 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 BKID0005617 is the valid code for KANDUKUR at KANDUKUR PRAKASAM DISTT AP, ensure the beneficiary name matches perfectly in your mobile banking app.
Bank Search Indexing & Metadata
Related Searches
- • Bank of India Branch List
- • KANDUKUR PRAKASAM DISTT AP IFSC Codes
- • Swift Code for Bank of India
- • Bank Holiday in ANDHRA PRADESH
Financial Tools
- • GST Calculator Online
- • Personal Loan EMI Calc
- • FD Interest Rates 2026
- • Currency Converter
Branch Context
- • KANDUKUR Contact
- • Address of Bank of India
- • MICR Code Finder
- • ANDHRA PRADESH Banking Circle
Platform Links
- • Anand Design DevBox
- • SEO Performance Hub
- • Webmaster Tools
- • IFSC Finder v2.0
INDEXING TAGS: Bank of India BKID0005617 code, find KANDUKUR branch details, Bank of India KANDUKUR PRAKASAM DISTT AP contact number, ANDHRA PRADESH bank ifsc list, anand design banking suite, ifsc finder 2026, free bank branch locator, micr code for Bank of India KANDUKUR PRAKASAM DISTT AP, online neft rtgs imps guide india, how to find ifsc code of Bank of India.