BANK OF INDIA IFSC Code – LUDHIANA ASSET RECOVERY BRANCH, LUDHIANA
Complete bank details including IFSC code, MICR code, address and payment facilities for LUDHIANA ASSET RECOVERY BRANCH branch.
Bank Details
| Bank Name | BANK OF INDIA |
| Branch Name | LUDHIANA ASSET RECOVERY BRANCH |
| IFSC Code | BKID0006508 |
| MICR Code | 141013012 |
| Address | GURU TEG BAHADUR MARKET, NEAR CLOCK TOWERLUDHIANA |
| City | LUDHIANA |
| State | PUNJAB |
| Contact | 1612750217 |
Payment Facilities
About IFSC Code BKID0006508
The IFSC code BKID0006508 uniquely identifies the LUDHIANA ASSET RECOVERY BRANCH branch of BANK OF INDIA located in LUDHIANA, PUNJAB. This 11-character alphanumeric code is essential for all electronic fund transfers in India including NEFT, RTGS, IMPS, and UPI transactions.
Understanding IFSC Code BKID0006508
- First 4 characters (BKID) – Represents BANK OF INDIA bank code assigned by RBI
- 5th character (0) – Reserved for future use (always 0)
- Last 6 characters (006508) – Unique branch identifier for LUDHIANA ASSET RECOVERY BRANCH
How to Use IFSC Code BKID0006508
To transfer money to any account at BANK OF INDIA LUDHIANA ASSET RECOVERY BRANCH branch, you will need to provide the IFSC code BKID0006508 along with the beneficiary's account number. This code ensures your money reaches the correct branch securely.
Transfer Methods Available at LUDHIANA ASSET RECOVERY BRANCH
- NEFT (National Electronic Funds Transfer) – Settled in batches, available 24x7 on all days
- RTGS (Real Time Gross Settlement) – For high-value transactions (₹2 lakh and above), real-time transfer
- IMPS (Immediate Payment Service) – Instant transfer up to ₹5 lakh, available 24x7
- UPI (Unified Payments Interface) – Instant mobile payments using VPA/UPI ID
About BANK OF INDIA LUDHIANA ASSET RECOVERY BRANCH Branch
BANK OF INDIA LUDHIANA ASSET RECOVERY BRANCH is a branch of BANK OF INDIA located in LUDHIANA, PUNJAB. The branch provides comprehensive banking services to customers in LUDHIANA and surrounding areas.
Branch Address
GURU TEG BAHADUR MARKET, NEAR CLOCK TOWERLUDHIANA, LUDHIANA, PUNJAB
Services Available
This branch offers various banking services including savings accounts, current accounts, fixed deposits, recurring deposits, loans, locker facilities, and digital banking services. Customers can also avail services like demand drafts, pay orders, and foreign exchange (subject to branch authorization).
MICR Code Information
The MICR (Magnetic Ink Character Recognition) code for this branch is 141013012. MICR code is a 9-digit code used for cheque clearing and identifies the bank, branch, and city. It is printed on cheques using magnetic ink for machine reading.
Important Information
Transfer Timings
- NEFT: 24x7, 365 days (Settled in half-hourly batches)
- RTGS: 24x7, 365 days (Real-time for ₹2L+)
- IMPS: 24x7, 365 days (Instant)
- UPI: 24x7, 365 days (Instant)
Verification Tips
- Always verify IFSC code before transferring money
- Cross-check with bank passbook or cheque book
- IFSC codes may change after bank mergers
- Contact branch for latest information
Frequently Asked Questions
What is the IFSC code of BANK OF INDIA LUDHIANA ASSET RECOVERY BRANCH?
The IFSC code of BANK OF INDIA LUDHIANA ASSET RECOVERY BRANCH branch in LUDHIANA is BKID0006508.
What is the MICR code of BANK OF INDIA LUDHIANA ASSET RECOVERY BRANCH?
The MICR code of BANK OF INDIA LUDHIANA ASSET RECOVERY BRANCH branch is 141013012.
What is the address of BANK OF INDIA LUDHIANA ASSET RECOVERY BRANCH?
BANK OF INDIA LUDHIANA ASSET RECOVERY BRANCH branch is located at GURU TEG BAHADUR MARKET, NEAR CLOCK TOWERLUDHIANA.
Does BANK OF INDIA LUDHIANA ASSET RECOVERY BRANCH support NEFT/RTGS/IMPS?
BANK OF INDIA LUDHIANA ASSET RECOVERY BRANCH branch supports NEFT, RTGS, IMPS, and UPI transactions.