BANK OF INDIA IFSC Code – HOSPET, HOSPET
Complete bank details including IFSC code, MICR code, address and payment facilities for HOSPET branch.
Bank Details
| Bank Name | BANK OF INDIA |
| Branch Name | HOSPET |
| IFSC Code | BKID0008420 |
| MICR Code | 583013202 |
| Address | KOTACHERAVU BUILDINGSTATION ROAD, |
| City | HOSPET |
| State | KARNATAKA |
| Contact | 8394228248 |
Payment Facilities
About IFSC Code BKID0008420
The IFSC code BKID0008420 uniquely identifies the HOSPET branch of BANK OF INDIA located in HOSPET, KARNATAKA. This 11-character alphanumeric code is essential for all electronic fund transfers in India including NEFT, RTGS, IMPS, and UPI transactions.
Understanding IFSC Code BKID0008420
- 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 (008420) – Unique branch identifier for HOSPET
How to Use IFSC Code BKID0008420
To transfer money to any account at BANK OF INDIA HOSPET branch, you will need to provide the IFSC code BKID0008420 along with the beneficiary's account number. This code ensures your money reaches the correct branch securely.
Transfer Methods Available at HOSPET
- 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 HOSPET Branch
BANK OF INDIA HOSPET is a branch of BANK OF INDIA located in HOSPET, KARNATAKA. The branch provides comprehensive banking services to customers in HOSPET and surrounding areas.
Branch Address
KOTACHERAVU BUILDINGSTATION ROAD,, HOSPET, KARNATAKA
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 583013202. 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 HOSPET?
The IFSC code of BANK OF INDIA HOSPET branch in HOSPET is BKID0008420.
What is the MICR code of BANK OF INDIA HOSPET?
The MICR code of BANK OF INDIA HOSPET branch is 583013202.
What is the address of BANK OF INDIA HOSPET?
BANK OF INDIA HOSPET branch is located at KOTACHERAVU BUILDINGSTATION ROAD,.
Does BANK OF INDIA HOSPET support NEFT/RTGS/IMPS?
BANK OF INDIA HOSPET branch supports NEFT, RTGS, IMPS, and UPI transactions.