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Bank of India · Rupnagar

BKID0006571: Bank of India, Morinda

IFSC code BKID0006571 belongs to the Morinda branch of Bank of India in Rupnagar, Punjab. Its MICR code is 160013016.

IFSC
BKID0006571
MICR
160013016
Bank
Bank of India
Branch
Morinda
District
Rupnagar
State
Punjab
Phone
+911602630224

Branch address

Bank of India
Shubh Complex Sco 322 323 Ward No 6morinda Distt Roopnagar

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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 006571 is the code of the Morinda branch. In the MICR code 160013016, 160 is the city, 013 the bank and 016 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 Morinda branch (Rupnagar, Punjab) is BKID0006571.

  2. 160013016. MICR is printed at the bottom of the branch's cheques.

  3. Shubh Complex Sco 322 323 Ward No 6morinda Distt Roopnagar

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC BKID0006571 with the beneficiary's account number.

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