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ADDANKI    1 Branches
ADILABAD    1 Branches
ADONI    1 Branches
AMALAPURAM A.P.    1 Branches
ANAND    1 Branches
ANANTAPUR AP    1 Branches
ANAPARTHY AP    1 Branches
ARUNDALPET    1 Branches
ATCHUTHAPURAM    1 Branches
BACHUPALLY, RR DISTT    1 Branches
BAPATLA DISTT GUNTUR    1 Branches
BENZ CIRCLE    1 Branches
BHIMAVARAM    1 Branches
BODUPPAL,AP    1 Branches
CHILAKALURIPETA    1 Branches
CHIRALA AP    1 Branches
CHITTOOR    4 Branches
CUDDAPAH    1 Branches
CUDDAPPAH    1 Branches
DARBHAGUDEM    1 Branches
DARSI AP    1 Branches
DHARAMAVARAM AP    1 Branches
EAST GODAVARI    2 Branches
ELURU    1 Branches
ERNAPADU    1 Branches
GANNAVARAM AP    1 Branches
GIDDALUR    1 Branches
GUDIVADA.AP    1 Branches
GUDUR    1 Branches
GUNTUR    7 Branches
HINDUPURAP    1 Branches
HYDERABAD    38 Branches
INKOLLU    1 Branches
JANGAREDDYGUDEM    1 Branches
KAKINADA    4 Branches
KANCHARAPALEM, AP    1 Branches
KANKIPADU AP    1 Branches
KARIM NAGAR    1 Branches
KAVALI    2 Branches
KHAJIPET    1 Branches
KHAMMAM AP    1 Branches
KRISHNA    2 Branches
KURNOOL    9 Branches
MACHILIPATNAM    1 Branches
MADANAPALLI, A.P.    1 Branches
MAHBUBNAGAR A.P.    1 Branches
MANDAPETA , AP.    1 Branches
NALGON    1 Branches
NANDIGAMA    1 Branches
NANDYAL    1 Branches
NARSAPUR    1 Branches
NARSIPATNAM AP    1 Branches
NELLORE    3 Branches
NIDADAVOLU    1 Branches
NIZAMABAD    1 Branches
NUTAKKI DIST.GUNTUR    1 Branches
ONGOLE    1 Branches
PENTAPADU A.P.    1 Branches
PONNUR GUNTUR DIST    1 Branches
PRAKASAM    1 Branches
RAJAM AP    1 Branches
RAJAMUNDRY    3 Branches
RANGAREDDY A.P.    1 Branches
RAVULAPALEM AP    1 Branches
REPALLE    1 Branches
SALUR    1 Branches
SAMALKOT A.P.    1 Branches
SANGAREDDY AP    1 Branches
SATTENAPALLI    1 Branches
SECUNDERABAD    3 Branches
SIDDIPET AP    1 Branches
SRIKAKULAM    3 Branches
SRIKALAHASTHI    1 Branches
SRUNGAVARAPUKOTA AP    1 Branches
TADEPALLIGUDEM    1 Branches
TANUKU    1 Branches
TENALI    1 Branches
TIRUPATHI    4 Branches
UPPADA    1 Branches
VELLATURAP    1 Branches
VIJAYAWADA    4 Branches
VINUKONDAA.P    1 Branches
VISHAKAPATNAM    14 Branches
VISHAKHAPATNAM    2 Branches
VIZIANAGARAM    4 Branches
WARANGAL    3 Branches
WEST GODAVARI    3 Branches
WEST GODAVARI AP    1 Branches
WEST KAMENG    1 Branches
ZAHIRABAD AP    1 Branches

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Rate Date : 29/04/24

We found 219 Branches available for BANK OF INDIA, ANDHRA PRADESH

General Information About Bank IFSC & MICR Code


What is an IFSC Code?

IFSC stands for Indian Financial System Code. It's an eleven digits & characters combination unique identifying number. This unique code helps to identify the perticular individual bank branches for smooth online transation such as NEFT, RTGS & IMPS transations. This code is developed by RBI (Reserve Bank of India).


Structure of the IFSC Code

The first four letters of the IFSC Code is bank code, Next one digits is genarally (0) zero & it's reserved for future use & last six digits is an unique identifier no for the particular Financial institution or bank branch.


Example : Breakdown of IFSC Code

A

B

C

D

0

1

2

3

4

5

6

Bank Code

Future Use

Branch Code


What is IFSC code used for?

IFSC Code used for various electronic or online fund transfer such as NEFT, RTGS, IMPS & other online fund transferring etc.


What is MICR Code?

MICR stands for Magnetic Ink Character Recognition technology & this code is developed by RBI (Reserve Bank of India). It's also a nine digits unique identifying number. This unique nine digits MICR code helps to identify the perticular individual bank branches and branch participating in an Electronic Clearing System (ECS).

The MICR code is located on the bottom of a each cheque leaf, next to the cheque number. You can also find it printed on the first page of a bank passbook.


Structure of the MICR Code


Example : Breakdown of MICR Code

1

2

3

4

5

6

7

8

9

City Code

Bank Code

Branch Code


What is MICR code used for?

MICR Code used for various financial transations such as SIP form or for transferring funds.


The given information is as per the guidelines of RBI (Reserve Bank of India)

Payment ServiceNEFTRTGSIMPS
ProcessProcess is based on Deferred Net Settlement (DNS) and the transfer of funds will be carried out in  half-hourly batches starting from 12:30 am to 12:00 amPayment process in which the money is credited in the beneficiary’s bank branch in real-time and on gross basisReal-time and instant interbank fund transfer process, IMPS is considered a secure & faster mode of fund transfer
Minimum Transfer LimitRe.1Rs.2 lakhRe.1
Maximum Transfer LimitNo limitNo limitRs.2 lakh
Operational TimingsAvailable 24x7, 365 days (including bank holidays)7 am to 6 pm on all working daysAvailable 24x7, 365 days (including bank holidays)
Inward Transaction ChargesNo chargesNo chargesDecided by individual member banks and PPIs


FAQ on IFSC & MICR code

Q. Do IFSC codes get changed?
A. Generally no but if the particular bank undergoes any merger or something then only the new IFSC code will be issued by RBI (Reserve Bank of India) & the old one will be deactivated.

Q. How to transfer money using the IFSC code?
A. Using IFSC code transferring funds from one bank to another bank or the same bank different accounts is really a hassle free solution. When you try to transfer funds using online banking such as NEFT, RTGS, IMPS & others method then you need the customer name, bank account no. & the IFSC code.

Q. Is sharing IFSC & MICR code safe?
A. Each Indivitual bank branch's IFSC code & MICR code is matchless and it's essential in India for transferring funds through the online banking. Every bank guarantees the security of the fund transfer & no one may misuse the IFSC code & MICR code for fraud, theft & spaming.

Q. Is IFSC code and branch code is same?
A. No. An IFSC code is an eleven digit alphanumeric unique code issued by RBI(Reserve Bank of India) to identify the each indivitual bank branch. Branch code is a part of of the IFSC code because it's identify a particual bank branch. The last 6 digit of the IFSC code is the branch code & this code is also printed on your first page of your bank passbook.