IFSC Code BKID0000531 - Bank of India-PUNE RECOVERY-Pune
| Detail | Information |
|---|---|
| IFSC Code | BKID0000531 |
| Bank Name | Bank of India |
| Address | 11626 SHIVAJINAGARUNIVERSITY ROAD NEAR OBSERVATORY |
| District | Pune |
| State | Maharashtra |
| Branch | Pune recovery |
| Contact | +912025535447 |
| Centre | Available |
| IMPS | Available |
| UPI | Available |
| MICR | 411013038 |
| RTGS | 1 |
| NEFT | Not Available |
| ISO3166 | IN-MH |
| Bankcode | BKID |
Overview of BKID0000531
The IFSC code BKID0000531 is associated with the Pune PUNE RECOVERY Branch of Bank of India. Located in the bustling city of Pune, 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 BKID0000531 represents Bank of India Bank, while 0000531 signifies the unique branch code for PUNE RECOVERY.
Significance of IFSC Code for Banking Transactions
The importance of the IFSC code, like BKID0000531, for the PUNE RECOVERY Branch, cannot be overstated. It acts as an address that identifies both the Bank of India and its specific branch in Pune. 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 BKID0000531
The IFSC code BKID0000531 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 Pune. Let's break down the details:
- IFSC Code (BKID0000531): 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 "0000531" are a unique identifier for the PUNE RECOVERY 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 (11626 SHIVAJINAGARUNIVERSITY ROAD NEAR OBSERVATORY): This specific address pinpoints the exact location of the branch, ensuring that customers can easily find it for their banking needs.
- City & State (Pune, MAHARASHTRA): The branch is situated in the heart of Pune, the capital city of MAHARASHTRA. A city known for its [CITY_FEATURES].
- Branch (PUNE RECOVERY): The [AREA_NAME] area in Pune is a hub of activity, and the Bank of India branch here caters to both individual and business banking needs.
- Phone Number (+912025535447): A direct line to the branch, this number ensures that customers can reach out for any queries, concerns, or banking assistance.