IFSC Code BKID0001050 - Bank of India-PANAJI SERVICE-Panaji
| Detail | Information |
|---|---|
| IFSC Code | BKID0001050 |
| Bank Name | Bank of India |
| Address | 1ST FLOOR PETER MANSIONBOCA DE VACA |
| District | North Goa |
| State | GOA |
| Branch | Panaji service |
| Contact | +918322420221 |
| Centre | Available |
| IMPS | Available |
| UPI | Available |
| MICR | 403013001 |
| RTGS | 1 |
| NEFT | Not Available |
| ISO3166 | IN-GA |
| Bankcode | BKID |
Overview of BKID0001050
The IFSC code BKID0001050 is associated with the Panaji PANAJI SERVICE Branch of Bank of India. Located in the bustling city of Panaji, GOA, 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 BKID0001050 represents Bank of India Bank, while 0001050 signifies the unique branch code for PANAJI SERVICE.
Significance of IFSC Code for Banking Transactions
The importance of the IFSC code, like BKID0001050, for the PANAJI SERVICE Branch, cannot be overstated. It acts as an address that identifies both the Bank of India and its specific branch in Panaji. 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 BKID0001050
The IFSC code BKID0001050 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 Panaji. Let's break down the details:
- IFSC Code (BKID0001050): 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 "0001050" are a unique identifier for the PANAJI SERVICE 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 (1ST FLOOR PETER MANSIONBOCA DE VACA): This specific address pinpoints the exact location of the branch, ensuring that customers can easily find it for their banking needs.
- City & State (Panaji, GOA): The branch is situated in the heart of Panaji, the capital city of GOA. A city known for its [CITY_FEATURES].
- Branch (PANAJI SERVICE): The [AREA_NAME] area in Panaji is a hub of activity, and the Bank of India branch here caters to both individual and business banking needs.
- Phone Number (+918322420221): A direct line to the branch, this number ensures that customers can reach out for any queries, concerns, or banking assistance.