Below are the complete branch details for Bank of India, AHMEDABAD ASSET RECOVERY branch, located in AHMEDABAD, GUJARAT. The IFSC assigned by the Reserve Bank of India to this branch is BKID0002054. Whether you want to transfer money, add a beneficiary, verify a cheque or simply confirm the branch address, you will find authentic, up-to-date information on this page that has been cross-checked against the bank's branch directory and the RBI's master list of participants in the National Electronic Funds Transfer system.
The IFSC code is one of the most frequently asked-for pieces of information when somebody wants to send you money or set up a recurring credit such as a salary, EMI auto-debit or supplier payment. Knowing exactly which IFSC belongs to your branch — in this case BKID0002054 for Bank of India – AHMEDABAD ASSET RECOVERY — saves you from rejected transfers, returned credits and the back-and-forth that follows them.
The Indian Financial System Code, popularly known as IFSC, is an 11-digit alphanumeric code that the RBI assigns to every bank branch participating in online interbank settlement. Without this code, an electronic transfer simply cannot reach its destination branch.
The IFSC for Bank of India – AHMEDABAD ASSET RECOVERY is BKID0002054. The first four letters BKID are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 002054 map to this branch in AHMEDABAD, GUJARAT.
Branch details at a glance
| Bank Name | Bank of India |
|---|---|
| Branch | Ahmedabad Asset Recovery |
| IFSC Code | BKID0002054 |
| MICR Code | Refer to cheque leaf |
| Branch Address | BANK OF INDIA BUILDING 3RD FLOOR BHADRAAHMEDABAD 380 001 |
| City | Ahmedabad |
| District | Ahmedabad |
| State | Gujarat |
| STD Code | 79 |
| Phone | 25396524 |
About the bank
Bank of India serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Ahmedabad Asset Recovery branch in Ahmedabad, Gujarat is part of this network and uses the IFSC code BKID0002054 for all electronic settlement.
About this branch
The branch is located at BANK OF INDIA BUILDING 3RD FLOOR BHADRAAHMEDABAD 380 001. It serves the Ahmedabad region and is connected to the bank's core banking platform, which means transactions initiated here are instantly visible across all other branches of Bank of India. The IFSC BKID0002054 is used to identify this branch on the RBI payments network.
Why every Bank of India branch has a unique IFSC
Before electronic settlement systems went live in India, money transfers between banks relied heavily on demand drafts, mail transfers and telegraphic transfers. These older instruments routinely took days to clear and were prone to misrouting because there was no single machine-readable identifier for a branch. The Reserve Bank of India solved this by issuing each participating branch — including AHMEDABAD ASSET RECOVERY of Bank of India — its own 11-character IFSC. The code BKID0002054 is therefore not just an internal reference; it is the digital postcode that lets the RBI's NEFT, RTGS and IMPS rails route funds straight to the right branch ledger without any human intervention.
Today, almost every salary credit, vendor payment, refund and EMI deduction in the country flows through this network, which is exactly why a correct IFSC matters so much. A wrong character can either bounce the transfer or send it to the wrong branch, and reversing such a credit is a manual, time-consuming process. Treat IFSC BKID0002054 the same way you would treat your account number — verify it once and save it carefully for future use.
How to transfer money using IFSC BKID0002054
Online transfers in India are powered by three major channels — NEFT, RTGS and IMPS — and each one requires a destination IFSC. Below is a quick guide for using IFSC BKID0002054 across all three.
NEFT to Bank of India, AHMEDABAD ASSET RECOVERY using IFSC BKID0002054
National Electronic Funds Transfer is the simplest way to move money into an account at this branch. NEFT works around the clock, including Sundays and public holidays, and settles in half-hourly batches.
To send funds, add the recipient as a beneficiary in your bank's online portal, key in the account number, paste the IFSC BKID0002054, and confirm that the system picks up Bank of India – AHMEDABAD ASSET RECOVERY. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
Real-Time Gross Settlement to AHMEDABAD ASSET RECOVERY
If you need to transfer ₹2 lakh or more in one go to an account at Bank of India's AHMEDABAD ASSET RECOVERY branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC BKID0002054 while initiating the transfer and the credit will appear within minutes.
Send money instantly through IMPS
For a real-time, anytime transfer to Bank of India – AHMEDABAD ASSET RECOVERY, use IMPS. With IFSC BKID0002054 and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC BKID0002054 for Bank of India – AHMEDABAD ASSET RECOVERY, but they differ in speed, minimum amount and use case. The table below summarises the differences so you can pick the right channel for the situation at hand.
| Parameter | NEFT | RTGS | IMPS |
|---|---|---|---|
| Minimum amount | ₹1 | ₹2,00,000 | ₹1 |
| Maximum amount | No RBI cap | No RBI cap | ₹5,00,000 |
| Settlement | Half-hourly batches | Real-time | Real-time |
| Availability | 24x7 | 24x7 | 24x7 |
| Best for | Routine transfers | High-value transfers | Urgent small / mid transfers |
| IFSC required | Yes – BKID0002054 | Yes – BKID0002054 | Yes – BKID0002054 |
For most retail customers crediting the Ahmedabad Asset Recovery branch, NEFT or IMPS will be the quickest and most economical option. RTGS comes in for one-off, high-value movements such as property purchases, vendor settlements or large gifts.
UPI payments and IFSC BKID0002054
UPI (Unified Payments Interface) has become the default way for individuals to send money in India. While most UPI transactions are addressed using a Virtual Payment Address (VPA) like name@bank, the underlying account at Bank of India – AHMEDABAD ASSET RECOVERY is still mapped to IFSC BKID0002054. When a customer links a savings or current account to a UPI app for the first time, the app silently looks up this IFSC against the account number to verify the account exists. The VPA acts as a friendly alias on top of the same plumbing.
If a UPI transfer to or from this branch fails, the most common reasons are an inactive UPI handle, a daily limit breach or a temporary outage at one of the participating banks — not the IFSC. You can always fall back to NEFT or IMPS using the IFSC BKID0002054 and the beneficiary's account number to complete the transfer.
Products and account variants supported
Every account opened at the Ahmedabad Asset Recovery branch is mapped to IFSC BKID0002054 on the RBI payments network. The branch generally supports the full retail product catalogue of Bank of India, including:
- Resident savings accounts and salary accounts
- Current accounts for businesses and professionals
- Fixed deposits, recurring deposits and tax-saver deposits
- Demand drafts, banker's cheques and pay orders
- Retail loans — personal, vehicle, education, gold and home
- Credit cards and overdraft facilities (subject to eligibility)
- Third-party investment products such as mutual funds and insurance (through tie-ups)
Whichever product you choose, the IFSC for incoming credits remains BKID0002054.
Banking services available
The Ahmedabad Asset Recovery branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 79-25396524.
- Savings, current and salary accounts
- Fixed deposits and recurring deposits
- Personal, vehicle and home loans
- Demat and investment products (where supported)
- Internet banking and mobile banking enrolment
- Debit and credit card issuance
- Locker facilities (subject to availability)
- Foreign exchange services (at authorised branches)
- Bill payments, demand drafts and pay orders
- NEFT / RTGS / IMPS / UPI fund transfers using IFSC BKID0002054
MICR & cheque-truncation details
Cheques drawn on the Ahmedabad Asset Recovery branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC BKID0002054 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
Digital banking channels
Most day-to-day work that customers used to do at the Ahmedabad Asset Recovery branch counter can now be completed digitally — adding a beneficiary, transferring funds, applying for a fixed deposit, raising a service request or downloading account statements. The IFSC BKID0002054 is the link between the digital channel and the branch ledger; once a transaction is confirmed, the credit or debit is reflected in the same core banking system that the branch officers see.
Things to verify before sending money
Banking errors are usually small typos that snowball into delayed credits and customer-care follow-ups. Use this short checklist before you confirm any transfer to Bank of India – AHMEDABAD ASSET RECOVERY:
- The IFSC is exactly BKID0002054 with no extra spaces.
- The beneficiary's account number matches what they shared, digit for digit.
- The portal auto-fills Bank of India as the bank name and AHMEDABAD ASSET RECOVERY as the branch.
- The amount and the purpose of payment are correct.
- You have a valid OTP-verifying mobile number on hand.
A 30-second review here saves hours of reconciliation later.
How to reach the Ahmedabad Asset Recovery branch
The branch is located at BANK OF INDIA BUILDING 3RD FLOOR BHADRAAHMEDABAD 380 001, which puts it inside Ahmedabad, the broader Ahmedabad district, and the state of Gujarat. To plan your visit:
- Open Google Maps on your phone and search for “Bank of India Ahmedabad Asset Recovery branch” — the verified location pin for IFSC BKID0002054 should appear at the top of the results.
- Confirm the branch is open by calling 79-25396524 before stepping out, especially around public holidays.
- Carry photo ID and any account-related documents you may need for the transaction you plan to do.
Most banking work — passbook updates, fund transfers, statement downloads — can also be completed online without visiting the branch in person, as long as you know the IFSC BKID0002054 and your account number.
Other ways to verify the IFSC code
While this page already lists the verified IFSC BKID0002054 for Bank of India – AHMEDABAD ASSET RECOVERY, you can cross-check the code from any of these sources before initiating a high-value transfer:
- The front of the cheque book issued by the branch – the IFSC is printed at the top of every leaf.
- The first page of your passbook.
- The bank's official website under the branch locator.
- The Reserve Bank of India's IFSC search portal.
- Net banking dashboards usually display the home-branch IFSC under account details.
Branch banking hours and holidays
Indian bank branches typically operate from 10:00 AM to 4:00 PM, Monday to Friday, and from 10:00 AM to 2:00 PM on working Saturdays (usually the 1st, 3rd and 5th Saturdays). The Ahmedabad Asset Recovery branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC BKID0002054, however, work 24x7.
Branch address & contact
Bank of IndiaAhmedabad Asset Recovery Branch
BANK OF INDIA BUILDING 3RD FLOOR BHADRAAHMEDABAD 380 001
Ahmedabad, Gujarat
Phone: 79-25396524
IFSC: BKID0002054
Frequently asked questions
Can I use IFSC BKID0002054 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC BKID0002054 to send funds instantly.
How do I add Bank of India Ahmedabad Asset Recovery as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC BKID0002054, and complete OTP verification. Once activated, you can transfer funds at any time.
What is the phone number of Bank of India Ahmedabad Asset Recovery branch?
You can reach the branch at 79-25396524 during regular banking hours.
How quickly will an NEFT transfer using BKID0002054 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Bank of India – Ahmedabad Asset Recovery reflect within 30 minutes.
Is IFSC BKID0002054 the same for all accounts at Ahmedabad Asset Recovery branch?
Yes. The IFSC BKID0002054 is shared by every account held at Bank of India's Ahmedabad Asset Recovery branch. Only the account number changes from customer to customer.
What is the difference between IFSC and MICR code?
IFSC is an 11-character alphanumeric code used for online transfers, while MICR is a 9-digit numeric code printed on cheques and used by cheque-clearing machines. Both identify the Ahmedabad Asset Recovery branch but serve different purposes.
What is the IFSC code of Bank of India Ahmedabad Asset Recovery branch?
The IFSC code of Bank of India, Ahmedabad Asset Recovery branch is BKID0002054. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Summary
The IFSC code BKID0002054 belongs to Bank of India's AHMEDABAD ASSET RECOVERY branch, located at BANK OF INDIA BUILDING 3RD FLOOR BHADRAAHMEDABAD 380 001 in AHMEDABAD, GUJARAT. Use this code along with the beneficiary's account number for any NEFT, RTGS or IMPS transfer to this branch. Bookmark this page for quick reference whenever you need the branch's banking details.
