IFSC Code of Bank of India, MARGAO NRI, SOUTH GOA

BKID0001054

BankBank of India
IFSC CodeBKID0001054
Branch Code001054 (last six characters of IFSC)
BranchMARGAO NRI
City / DistrictSOUTH GOA
StateGOA

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Bank of India MARGAO NRI IFSC Code

The MARGAO NRI branch of Bank of India located in SOUTH GOA, GOA is identified by the IFSC code BKID0001054. This 11-character code is issued by the Reserve Bank of India (RBI) and is required for electronic fund transfers such as NEFT, RTGS, IMPS and UPI.

How to transfer money using BKID0001054

  1. Log in to your bank’s net banking or mobile banking app.
  2. Choose the NEFT, RTGS or IMPS transfer option.
  3. Add the beneficiary with account number and branch name.
  4. Enter IFSC code BKID0001054 to identify the MARGAO NRI branch.
  5. Enter the amount and confirm the transaction.

Difference between IFSC and MICR

AspectIFSC
Full formIndian Financial System Code
PurposeOnline money transfer (NEFT / RTGS / IMPS)
Format11-character alphanumeric
Issued byReserve Bank of India (RBI)

Frequently asked questions

What is the IFSC code of Bank of India, MARGAO NRI?
The IFSC code is BKID0001054.

What is the branch code?
The branch code is 001054, the last six characters of the IFSC code.