IFSC Code
Bank Of India IFSC Code - Derabassi
Branch Details
How to Transfer Funds Using Bank Of India Derabassi IFSC Code?
You can transfer money electronically to the Bank Of India Derabassi branch using the IFSC code BKID0006572. Follow this step-by-step transaction guide:
- Log in to your bank's official internet banking portal or open their mobile banking application.
- Navigate to the **'Fund Transfer'** or **'Add Beneficiary'** option.
- Enter the beneficiary's name and their account number.
- In the IFSC field, enter the 11-digit code BKID0006572.
- The system will automatically verify the branch name as **Derabassi** located at Paras Bank Square Chandigarh Ambala Roadderabassi Distt Sas Nagar Mohali.
- Confirm the beneficiary registration and choose your transfer method: **NEFT**, **RTGS**, or **IMPS**.
- Enter the amount you wish to transfer and complete the transaction securely via OTP verification.
Important: Always double check the account number and IFSC code before authorizing a transaction to avoid failures or incorrect deposits.
Frequently Asked Questions
1. What is the IFSC Code of Bank Of India Derabassi?
The IFSC Code of Bank Of India Derabassi is BKID0006572. This 11-digit alphanumeric code is mandatory for all online fund transfers, including NEFT, RTGS, and IMPS.
2. What is the MICR Code for Bank Of India Derabassi?
The MICR Code for Bank Of India Derabassi is NA. It is a 9-digit code printed on the bottom of cheque leaves, used primarily for faster clearing of cheques.
3. Where is Bank Of India Derabassi located?
The branch is located at Paras Bank Square Chandigarh Ambala Roadderabassi Distt Sas Nagar Mohali, in the city of Derra Bassi, Derra Bassi district, Punjab.
4. How can I use the BKID0006572 IFSC code?
You can use BKID0006572 to transfer money electronically via internet banking or mobile apps. Simply add the beneficiary, enter their account number, name, and this IFSC code to initiate a secure NEFT, RTGS, or IMPS transaction.