If you want to buy mutual funds or insurance or make any fund transfer online using netbanking, you would require IFSC code. Many of us use online money transfer facilities such as NEFT (national electronic fund transfer), RTGS (real time gross settlement) or IMPS (immediate payment system) Bank of India IFSC code is unique alphanumeric code with 11 characters in total. The first four characters give the bank’s name. The fifth digit is always a zero. The last six characters are numbers that are unique for every branch.
How to find IFSC code? You can find IFSC code on our website under “Tools” section. There is a tool called “IFSC code calculator”. When you input details such as bank name, state, city and branch, it gives you the full address of the branch along with IFSC code and MICR code. You can also get the branchwise list of IFSC code for Bank of India on Reserve Bank of India’s website. RBI generates IFSC code for each bank branch.
About Bank Of India
The bank was established by a group of businessmen in September 1906. It started as a private bank while was nationalized along with 13 other banks. The bank has 4,828 branches all over India spread over all states and union territories. Currently the bank has overseas presence in 22 foreign countries spread over 5 continents with 56 offices including 5 subsidiaries, 5 representative offices and 1 joint venture and key banking and financial centers in Hong Kong, Singapore, Tokyo, London, Jersey, Paris and New York.
