IFSC Code
Bank Of India IFSC Code - Payal
Branch Details
How to Transfer Funds Using Bank Of India Payal IFSC Code?
You can transfer money electronically to the Bank Of India Payal branch using the IFSC code BKID0006517. 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 BKID0006517.
- The system will automatically verify the branch name as **Payal** located at Payaldistrict Ludhiana.
- 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 Payal?
The IFSC Code of Bank Of India Payal is BKID0006517. 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 Payal?
The MICR Code for Bank Of India Payal 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 Payal located?
The branch is located at Payaldistrict Ludhiana, in the city of Ludhiana, Ludhiana district, Punjab.
4. How can I use the BKID0006517 IFSC code?
You can use BKID0006517 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.