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Bank of India MARGAO NRI IFSC Code | MARGAO Branch

Verify the branch, confirm digital payment support, and use the IFSC code with more context before transferring funds.

IFSC Code BKID0001054
BKID Bank code
001054 Branch code
403013053 MICR
Bank Snapshot

Bank of India

Branches tracked 7,946
States covered 34
Cities covered 3,114
Zone 2

Branch details

Address
RUA JOSE INACIO LOYOLA NEW MARKET POST BOX NO 272 MARGAO SALCETE GOA 403601
Location
MARGAO, SOUTH GOA, GOA
Contact
918322733729
SWIFT
Not available
Updated
01 Nov 2026
Zone 3

Services availability

This branch supports NEFT, RTGS, IMPS, UPI transfers with instant payment coverage for eligible use cases.

NEFT Available
RTGS Available
IMPS Available
UPI Available
Bank Review

Bank of India bank review

Bank of India (BOI) is one of India’s oldest and largest public sector banks, founded in 1906 in Mumbai and nationalised in 1969. With FY26 net profit of ₹10,527 crore, global business above ₹16.98 lakh crore, MD & CEO Rajneesh…

Transfer view Full transfer coverage

CreditEMI review: Bank of India has 7,946 IFSC branch records across 34 states and 3,114 cities in our dataset. The MARGAO NRI branch in MARGAO lists NEFT, RTGS, IMPS, UPI, making this page useful for checking transfer details before adding a beneficiary.

Bank type Public
Branches tracked 7,946
Services listed 4/4

What stands out

  • Wide IFSC coverage: 7,946 branch records across 34 states and 3,114 cities.
  • This branch has NEFT, RTGS, IMPS, UPI payment support listed.
  • Branch identifiers are available for IFSC BKID0001054 and MICR 403013053.

Check before transfer

  • Confirm the beneficiary name and account number directly before sending money.
  • Use the official bank app, net banking, or branch contact for final verification on high-value transfers.
  • Call the listed branch contact if address, timing, or service availability needs confirmation.
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Zone 4

Typical banking hours

Most Bank of India branches, including MARGAO NRI in MARGAO, typically operate Monday to Friday from 10:00 AM to 4:00 PM and Saturday from 10:00 AM to 4:00 PM, except the 2nd and 4th Saturday of every month. Closed on Sundays and RBI-notified bank holidays — see the RBI Bank Holiday Calendar.

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How to use this IFSC code

  1. Open your bank app, net banking, or beneficiary form and choose NEFT, RTGS or IMPS.
  2. Enter the beneficiary account number and IFSC code BKID0001054.
  3. Confirm the branch as MARGAO NRI, MARGAO, GOA before submitting the transfer.
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Branch FAQs

The IFSC code for Bank of India MARGAO NRI branch in MARGAO, GOA is BKID0001054. Use this code for NEFT, RTGS, IMPS, UPI transfers to accounts held at this branch.

The MICR code for Bank of India MARGAO NRI in MARGAO is 403013053. MICR is used for cheque processing and can help confirm the branch for offline banking.

Bank of India MARGAO NRI branch in MARGAO supports both UPI and IMPS for quick digital transfers. You can use the IFSC code BKID0001054 while adding this account as a beneficiary.

Most Bank of India branches, including MARGAO NRI in MARGAO, typically operate Monday to Friday from 10:00 AM to 4:00 PM and Saturday from 10:00 AM to 4:00 PM, except the 2nd and 4th Saturday of every month. Closed on Sundays and RBI-notified bank holidays — see the <a href="https://rbi.org.in/Scripts/HolidayMatrixDisplay.aspx" target="_blank" rel="noopener noreferrer">RBI Bank Holiday Calendar</a>.

The IFSC code BKID0001054 breaks down into bank code BKID, the reserved RBI control character 0, and branch code 001054. That branch code uniquely identifies the MARGAO NRI branch in MARGAO.
Zone 9

Next step after IFSC verification

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Zone 10

IFSC code format explainer

Bank Code BKID
RBI Control 0
Branch Code 001054

The IFSC code BKID0001054 uniquely identifies the MARGAO NRI branch of Bank of India in MARGAO. No two branches share the same IFSC code.