Last updated on: August 6, 2025

The Full Guide to Bank of India IFSC Code 2025

Digital transactions, inter-bank payments, and fund transfers are nearly impossible to imagine banking in India today. If you are banking with Bank of India (BOI) or planning to transfer money to or from a BOI account, the one code you must have on hand is the Bank of India IFSC Code. With UPI, RTGS, NEFT, and a range of other online payment options, it is more important than ever to know how to use IFSC codes as we enter 2025.

This guide will give you all the information you need to know about the IFSC codes of the Bank of India in simple terms- how they work, where to find them and why they are important to your daily transactions.

What is the IFSC Code of Bank of India?

Each of the bank branches in India that deal with online payments, whether it is a busy city centre or a remote outpost, has a specific identifier called the IFSC code. The abbreviation of IFSC is Indian Financial System Code. This 11-character alphanumeric code is assigned by the Reserve Bank of India (RBI).

To Bank of India, the IFSC code is not just a technical detail. It is the key that facilitates safe, hassle-free, and error-free electronic fund transfer, such as NEFT, RTGS, and IMPS.

Example:

• IFSC Code: BKID0001234
• First four letters: BKID (Bank of India’s code)
• Fifth character: 0 (reserved for future use)
• Last six digits: 001234 (specific branch code)

What are the reasons to get Bank of India IFSC Codes in 2025?

When you are sending or receiving money through UPI, IMPS, RTGS, or NEFT, you need to enter the right IFSC code, whether the receiver or the sender has a Bank of India account. By 2025, the majority of online platforms, fintech apps, and even digital marketplaces such as Amazon, Flipkart, or Paytm wallet to refund or pay vendors, will need this code to safely route funds.

Here’s why:

• Bank Identification: Makes sure that your money goes to the right branch and not the right bank.
• Transaction Security: Eliminates mistakes or misrouting of digital transfers.
• Regulatory Requirement: RBI requires the use of IFSC codes in certain kinds of transfers.

What is the Structure of Bank of India IFSC Code?

The following table will deconstruct the general format of a Bank of India IFSC code:

What are the Major Applications of Bank of India IFSC Code?

Online Fund Transfers

• NEFT (National Electronic Funds Transfer)
• RTGS (Real-Time Gross Settlement)
• IMPS (Immediate Payment Service)

UPI Payments

• Account linking in UPI apps (Google Pay, PhonePe)

Bill Payments and Refunds

• Online shopping sites Payments

Bank Account Verification

• When establishing new credit cards, loans or services

Where to locate your Bank of India IFSC code?

1. In Your Chequebook or Passbook
   The IFSC code is printed on the first page of every Bank of India chequebook or passbook, usually below the bank address or name.

2. Bank of India Website or Bank App
   BOI has a special branch locator tool which lists current IFSC codes. Their mobile app also gives you the code to your linked accounts.

3. Official Website of RBI
   The Reserve Bank of India maintains a master list of all IFSC codes in Indian banks. Search for “RBI IFSC lookup” for latest updates, especially if a branch has moved or merged.

4. Customer Care Helpline
   In case you are not sure, it is a sure method to check the IFSC code by calling the helpline of BOI or visiting the nearest branch.

5. Fintech Apps & Online Marketplaces
   Most major digital payment apps (Paytm, PhonePe, Google Pay) and e-marketplaces auto-fetch the correct IFSC code when you enter the branch name or city.

What is the Bank of India IFSC Code and How to Transfer Money Using it?

Suppose you need to transfer funds to a relative who has an account in BOI. This is how it goes:

In case of NEFT/RTGS in Internet Banking:

• Enter your banking portal.
• Add beneficiary: Name, account number and BOI IFSC code.
• Once verified, transfer.
• Input the amount and click submit.

In the case of UPI or Digital Wallets:

Apps usually request IFSC when the account cannot be recognized during the first-time connection of a BOI account. Manually enter the IFSC of the branch in case of failure of the automatic search.

In case of Vendor/Marketplace Payments:

As a seller or business, you will frequently have to provide your branch IFSC to get payments made by Flipkart, Amazon or other such platforms.

Examples of Common Bank of India IFSC Code

Below are examples of actual BOI IFSC codes for popular branches (as of June 2024):

(Always cross-verify with the latest data online or bank official portals as codes may change if branches merge or relocate)

What Will Happen in Case of Using the Wrong IFSC Code of Bank of India?

Will I Lose My Money?

• In case of incorrect IFSC code and correct account number, the transfer will fail; the money is reversed to your account in 1-2 working days.
• If both the account number and IFSC code are wrong (but valid for another account), there’s a risk it may end up in someone else’s account. Never confirm without checking.

Is the Bank Able to Assist?

Yes. In case you identify the error soon, contact both your bank and the branch of Bank of India with the details of the transaction to attempt a reversal, but it is not always possible, especially when it comes to IMPS or UPI, which are settled immediately.

What is the Difference between IFSC, MICR and SWIFT Codes?

• The IFSC code is used to transfer funds within India through NEFT, RTGS or IMPS.
• MICR code is a 9-digit code that is used to process cheques.
• International wire transfers are done using SWIFT code.

Does the IFSC Code Change?

Yes, not very often. It can alter when:

• Branches are merged or closed,
• RBI restructures branches,
• The bank modernises technological infrastructure.

The bank tends to inform people through SMS/email notices and update its web site whenever there is a change. The online apps also update their database in time.

Real-World Experiences: The Importance of IFSC Code Accuracy

Personally, getting the right IFSC code has never been an option. Whenever I am getting a work payment or sending money to a relative in another city, sharing the correct IFSC eliminates the need to waste time waiting, making a transaction fail, or going to the bank.

I have witnessed instances where a wrong IFSC has caused money to be held up to hours, and both the payer and the receiver are nervous, particularly during festive seasons or when a bill has to be paid urgently. It was always worth learning to check this little code twice.

Bank of India IFSC Code: Daily Users Checklist

• The code should be verified using the most recent bank records or reputable websites.
• Keep the IFSC code and account details together so that it is readily accessible.
• Recheck every digit when you are keying in as most errors occur here.
• For new accounts or NRI accounts, verify if the branch handles online transfers (rare exceptions exist).
• In case of uncertainty, just call the branch or customer support- banks are used to these questions.

Best Tricks to Apply BOI IFSC Code in 2025

• Bookmark Authoritative Sources: Only RBI, BOI website or your banking app should be used to get codes.
• Keep Current: When you are a regular sender to a specific branch of BOI, re-confirm the code annually or when you hear of news of branch mergers.
• Auto-Fill: Auto-fill the code when possible to reduce typos.
• Train Family/Staff: In case you share your account to transfer funds, provide all details- Account Name, Number, Branch & IFSC.
• Save IFSC in Contacts: You may save the IFSC along with payee name and account number in the Contacts so that you do not have to search in a hurry.
• Keep Monitoring Notifications: Keep a look out on SMS or mailers sent by BOI regarding any change in branch or code.

Quick Recap (TL;DR)

• In 2025, online, NEFT/RTGS/IMPS/UPI money transfer requires Bank of India IFSC Code.
• An IFSC is an 11-character code unique to each BOI branch (e.g., BKID0001234).
• Locate your BOI IFSC in cheques, passbooks, bank site, RBI site, or banking applications.
• With the right code, fund transfers are safe, quick, and successful.
• Mistakes in the IFSC can slow, misroute, or cancel your transaction.
• Check codes of high-value or frequent transactions regularly.

People Also Ask (FAQs)

1. What happens when I enter a wrong or expired BOI IFSC code?
Your purchase will most probably not go through and your money will be refunded to your account. Otherwise, call the bank with transactions.

2. Is the IFSC unique to all branches of the Bank of India?
Yes, every branch that deals with electronic payments has its own IFSC. Check before use.

3. Is it possible to use IFSC codes to make international payments?
No. To make international transfers, you require the SWIFT code of Bank of India, and not IFSC.

4. What can I do to verify whether my BOI branch has changed its IFSC code?
Check at BOI official branch locator or customer care. Updated IFSC codes are also available in the database of the RBI.

5. Can I share my BOI IFSC code?
Yes, sharing your IFSC code (along with account details) is necessary for receiving payments. It cannot misuse itself.

6. What is the time limit taken in transferring funds through IFSC codes?

• NEFT: Typically within a few hours during banking hours.
• RTGS: Almost instant (within minutes).
• IMPS/UPI: 24x7 real-time.

When you know how to use the Bank of India IFSC code and use it properly, you can be sure that all your transactions in 2025 will be safe, effective, and stress-free.