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Bank of India · Kumuram Bheem Asifabad

BKID0001160: Bank of India, Asifabad

IFSC code BKID0001160 belongs to the Asifabad branch of Bank of India in Kumuram Bheem Asifabad, Telangana. Its MICR code is 504013004.

IFSC
BKID0001160
MICR
504013004
Bank
Bank of India
Branch
Asifabad
District
Kumuram Bheem Asifabad
State
Telangana
Phone
+917674804495

Branch address

Bank of India
Ground Floor,6-57/10, Near Saibaba Temple,Asifabad Komaram Bheem Asifabad District,Telangana 504293

Open in a map · Pincode 504293: post offices and area

Payment systems

SystemOn RBI's list for this branchWhat it is for
NEFTYesTransfers of any amount, settled in half-hourly batches, all day
RTGSYesLarge transfers (₹2 lakh and above), settled one by one in real time
IMPSYesInstant transfers, any time, usually for smaller amounts
UPIYesPayments by UPI ID or mobile number from apps

Reading this IFSC

BKID is Bank of India's bank code, the fifth character 0 is kept for future use, and 001160 is the code of the Asifabad branch. In the MICR code 504013004, 504 is the city, 013 the bank and 004 the branch.

IFSC and your loan

When you take a loan through Oxon Fintech, the lending partner (a bank or NBFC) pays the money straight into your own bank account, so the application asks for your account number and its IFSC. Check both against your passbook or cheque book: a wrong IFSC can delay the payment. Oxon never asks for your OTP, PIN, CVV or passwords.

Data: the Reserve Bank of India's list of NEFT and RTGS bank branches, as compiled by Razorpay's open-source IFSC dataset. Bank details change from time to time (branches merge, move or close); confirm the IFSC with your bank or on your cheque book before you send money. Oxon Fintech is a loan platform, not a bank, and is not linked to the banks listed.

01 FAQ

Common questions.

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  1. The IFSC of Bank of India's Asifabad branch (Kumuram Bheem Asifabad, Telangana) is BKID0001160.

  2. 504013004. MICR is printed at the bottom of the branch's cheques.

  3. Ground Floor,6-57/10, Near Saibaba Temple,Asifabad Komaram Bheem Asifabad District,Telangana 504293

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC BKID0001160 with the beneficiary's account number.

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