IFSC Code BKID0000107 - Bank of India-MUMBAI NRI-Mumbai

Detail Information
IFSC Code BKID0000107
Bank Name Bank of India
Address BOI BUILDING GROUND FLR7080 MG ROAD FORT MUMBAI
District Mumbai
State Maharashtra
Branch Mumbai nri
Contact +912222668102
Centre Available
IMPS Available
UPI Available
MICR 400013101
RTGS 1
NEFT Not Available
ISO3166 IN-MH
Bankcode BKID

Overview of BKID0000107

The IFSC code BKID0000107 is associated with the Mumbai MUMBAI NRI Branch of Bank of India. Located in the bustling city of Mumbai, MAHARASHTRA, this branch is one of the many Bank of India branches that cater to the banking needs of the local residents. The code "BKID" in BKID0000107 represents Bank of India Bank, while 0000107 signifies the unique branch code for MUMBAI NRI.

Significance of IFSC Code for Banking Transactions

The importance of the IFSC code, like BKID0000107, for the MUMBAI NRI Branch, cannot be overstated. It acts as an address that identifies both the Bank of India and its specific branch in Mumbai. This ensures that when you're transferring money or setting up a beneficiary for future transactions, your funds are directed to the correct bank branch. Without the IFSC code, the chances of errors in electronic fund transfers would be significantly higher, leading to potential financial losses and administrative hassles.

Deep Dive into BKID0000107

The IFSC code BKID0000107 is not just a random combination of letters and numbers. It holds significance in the banking world, especially for those who bank with Bank of India in Mumbai. Let's break down the details:

  • IFSC Code (BKID0000107): This unique code is essential for electronic fund transfers. The first four characters "BKID" represent the bank's name, Bank of India. The last six characters "0000107" are a unique identifier for the MUMBAI NRI branch.
  • Bank Name (Bank of India): One of [country]'s leading banks, Bank of India offers a wide range of banking products and financial services to its vast customer base.
  • Address (BOI BUILDING GROUND FLR7080 MG ROAD FORT MUMBAI): This specific address pinpoints the exact location of the branch, ensuring that customers can easily find it for their banking needs.
  • City & State (Mumbai, MAHARASHTRA): The branch is situated in the heart of Mumbai, the capital city of MAHARASHTRA. A city known for its [CITY_FEATURES].
  • Branch (MUMBAI NRI): The [AREA_NAME] area in Mumbai is a hub of activity, and the Bank of India branch here caters to both individual and business banking needs.
  • Phone Number (+912222668102): A direct line to the branch, this number ensures that customers can reach out for any queries, concerns, or banking assistance.

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