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Bank of India · Ludhiana

BKID0006501: Bank of India, Model Town

IFSC code BKID0006501 belongs to the Model Town branch of Bank of India in Ludhiana, Punjab. Its MICR code is 141013005.

IFSC
BKID0006501
MICR
141013005
Bank
Bank of India
Branch
Model Town
District
Ludhiana
State
Punjab
Phone
+911612410170

Branch address

Bank of India
579 Model Townludhiana

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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 006501 is the code of the Model Town branch. In the MICR code 141013005, 141 is the city, 013 the bank and 005 the branch.

Other Bank of India branches in Ludhiana

All 43 Bank of India branches in Ludhiana

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 Model Town branch (Ludhiana, Punjab) is BKID0006501.

  2. 141013005. MICR is printed at the bottom of the branch's cheques.

  3. 579 Model Townludhiana

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC BKID0006501 with the beneficiary's account number.

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