BOIPAYMENT SYSTEM Branch
The IFSC code of BANK OF INDIA BOIPAYMENT SYSTEM branch is BKID00VAN06. This code is used for NEFT, RTGS, and IMPS fund transfers to this branch in MUMBAI, MAHARASHTRA.
BKID identifies BANK OF INDIA, 0 is a reserved digit (always 0), and 0VAN06 identifies the BOIPAYMENT SYSTEM branch. Together they form the 11-character IFSC code assigned by the Reserve Bank of India.
BANK OF INDIA BOIPAYMENT SYSTEM branch is located at BKC MUMBAI.
Yes, BKID00VAN06 is valid for all electronic transfers: NEFT (24x7, batch settlement), RTGS (real-time, minimum Rs 2 lakh), IMPS (instant, 24x7, up to Rs 5 lakh), and UPI (IFSC is used internally for bank routing in all UPI transactions). Enter this code with the account number to transfer funds to BANK OF INDIA BOIPAYMENT SYSTEM.
MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque clearing and processing. Unlike the IFSC code used for online transfers, the MICR code is printed at the bottom of your cheque leaf using magnetic ink and is read by automated clearing machines.
Based on RBI records, BKID00VAN06 is an active IFSC code assigned to BANK OF INDIA BOIPAYMENT SYSTEM in MUMBAI, MAHARASHTRA. If you receive a transaction failure citing this IFSC, contact BANK OF INDIA directly or verify on the RBI website, as codes may be updated following bank mergers or branch relocations.
Verify Before You Transfer
Always confirm the IFSC code directly with BANK OF INDIA or the RBI before initiating a high-value transfer.
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