Use this page as a one-stop reference for everything related to Bank of India's HYDERABAD ASSET RECOVERY branch in HYDERABAD, ANDHRA PRADESH. The branch's IFSC code BKID0008630 is the key identifier you need whenever a remitter, employer or biller asks for a bank routing number to send funds to an account held at this branch. We have also included the branch's postal address, telephone number, banking hours, common services, and an extensive FAQ block that should answer almost every question that comes up when you are about to add this branch as a beneficiary in your net-banking app for the first time.
An IFSC (Indian Financial System Code) is an 11-character alphanumeric code issued by the Reserve Bank of India. It uniquely identifies every bank branch that participates in the RBI's electronic fund-transfer systems – NEFT, RTGS and IMPS. The first four characters represent the bank, the fifth is always a zero (reserved for future use), and the last six characters identify the specific branch.
For Bank of India's HYDERABAD ASSET RECOVERY branch, the IFSC BKID0008630 breaks down as follows: BKID identifies the bank, 0 is the reserved character, and 008630 identifies this particular branch.
About Bank of India
Bank of India operates a wide network of branches across India, including the Hyderabad Asset Recovery branch in Hyderabad. Each branch is enabled for NEFT, RTGS, IMPS and core banking, allowing customers to send and receive money anywhere in the country using a unique IFSC – in this case, BKID0008630.
Branch details at a glance
| Bank Name | Bank of India |
|---|---|
| Branch | Hyderabad Asset Recovery |
| IFSC Code | BKID0008630 |
| MICR Code | Refer to cheque leaf |
| Branch Address | 10 1 1199 1ST FLOOR ACGUARDSPTI BUILDINGHYDRABAD |
| City | Hyderabad |
| District | Hyderabad |
| State | Andhra Pradesh |
| STD Code | 40 |
| Phone | 4023328143 |
Hyderabad Asset Recovery branch overview
Located at 10 1 1199 1ST FLOOR ACGUARDSPTI BUILDINGHYDRABAD, the Hyderabad Asset Recovery branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC BKID0008630 is required for all interbank electronic transfers routed through this branch.
The role of IFSC in India's payments network
India's electronic payment infrastructure — NEFT, RTGS, IMPS, UPI and the National Automated Clearing House (NACH) — is built on a single principle: every participating bank branch must be uniquely identifiable by an alphanumeric code. The Reserve Bank of India introduced the IFSC system to fulfil this requirement, and that is how Bank of India's HYDERABAD ASSET RECOVERY branch came to be assigned the code BKID0008630.
Whether you are receiving a salary on the first of the month, paying a vendor invoice, settling an EMI, or accepting a refund from an e-commerce platform, the IFSC is the silent piece of metadata that tells the network where your account lives. Without IFSC BKID0008630, money simply cannot be routed to the HYDERABAD ASSET RECOVERY branch electronically.
Products and account variants supported
Every account opened at the Hyderabad Asset Recovery branch is mapped to IFSC BKID0008630 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 BKID0008630.
Products and services
Customers walking into the Hyderabad Asset Recovery branch can access most of Bank of India's standard product suite, including:
- Account opening – savings, current, NRI, salary
- Term deposits and recurring deposits
- Retail and small-business loans
- Insurance and mutual-fund tie-ups
- Locker, safe deposit and ATM card services
- Online and mobile banking activation
- Electronic transfers via IFSC BKID0008630
How to transfer money using IFSC BKID0008630
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 BKID0008630 across all three.
How to use IFSC BKID0008630 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Bank of India's HYDERABAD ASSET RECOVERY branch. NEFT now settles on a 24x7 basis in half-hourly batches and has no upper limit for retail customers (individual banks may impose their own caps).
- Log in to your internet banking or mobile banking app.
- Choose Add Beneficiary and select NEFT / Other Bank.
- Enter the beneficiary name, account number and the IFSC BKID0008630.
- Confirm the bank name auto-populates as Bank of India and the branch as HYDERABAD ASSET RECOVERY.
- Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.
Real-Time Gross Settlement to HYDERABAD ASSET RECOVERY
If you need to transfer ₹2 lakh or more in one go to an account at Bank of India's HYDERABAD ASSET RECOVERY branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC BKID0008630 while initiating the transfer and the credit will appear within minutes.
IMPS to Bank of India HYDERABAD ASSET RECOVERY (IFSC BKID0008630)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC BKID0008630 in your mobile or internet banking app, and the money is credited to the HYDERABAD ASSET RECOVERY branch account within seconds.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC BKID0008630 for Bank of India – HYDERABAD 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 – BKID0008630 | Yes – BKID0008630 | Yes – BKID0008630 |
For most retail customers crediting the Hyderabad 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.
How UPI relates to the IFSC code
UPI lets you pay using a short Virtual Payment Address instead of typing the IFSC every time, but behind the scenes every UPI mandate is mapped to an account number plus an IFSC. For accounts at Bank of India's HYDERABAD ASSET RECOVERY branch, the IFSC BKID0008630 is what the National Payments Corporation of India (NPCI) uses to route the credit when you tap Pay on a UPI app.
That is why, even in the UPI era, it is still worth knowing the IFSC of your home branch — for failed UPI mandates, e-mandate set-ups, third-party platform onboarding and salary or refund credits.
Digital banking channels
Most day-to-day work that customers used to do at the Hyderabad 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 BKID0008630 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.
MICR & cheque-truncation details
Cheques drawn on the Hyderabad Asset Recovery branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC BKID0008630 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
Common mistakes to avoid when using IFSC BKID0008630
An incorrect IFSC almost always results in a failed transfer or, worse, a credit to the wrong branch. Before you click Confirm on a transfer to Bank of India – HYDERABAD ASSET RECOVERY, double-check for these issues:
- Confusing 0 with O. The fifth character of every IFSC is the digit
0, not the letter O. Read carefully. - Spaces or hyphens. Do not put spaces in the IFSC. It is exactly 11 characters:
BKID0008630. - Wrong branch. A bank can have dozens of branches in the same city. Make sure you are using the IFSC for the actual branch where the beneficiary holds the account, not just any nearby branch.
- Old IFSC after a merger. If two banks have merged, the IFSC may have been reissued. Always verify with a recent passbook or cheque leaf.
- Copy-paste from chat. Auto-correct on phones can silently change letters in IFSC codes. Type carefully or copy from a trusted source like the cheque book.
How to reach the Hyderabad Asset Recovery branch
The branch is located at 10 1 1199 1ST FLOOR ACGUARDSPTI BUILDINGHYDRABAD, which puts it inside Hyderabad, the broader Hyderabad district, and the state of Andhra Pradesh. To plan your visit:
- Open Google Maps on your phone and search for “Bank of India Hyderabad Asset Recovery branch” — the verified location pin for IFSC BKID0008630 should appear at the top of the results.
- Confirm the branch is open by calling 40-4023328143 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 BKID0008630 and your account number.
Verifying IFSC BKID0008630 from official sources
The IFSC listed on this page is sourced from the RBI's master list and validated against the bank's branch directory. To double-check before transferring large sums, you can also confirm BKID0008630 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 40-4023328143.
- Visiting the bank's official branch locator page.
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 Hyderabad Asset Recovery branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC BKID0008630, however, work 24x7.
Branch address & contact
Bank of IndiaHyderabad Asset Recovery Branch
10 1 1199 1ST FLOOR ACGUARDSPTI BUILDINGHYDRABAD
Hyderabad, Andhra Pradesh
Phone: 40-4023328143
IFSC: BKID0008630
Frequently asked questions
Where is Bank of India Hyderabad Asset Recovery branch located?
Bank of India's Hyderabad Asset Recovery branch is located at 10 1 1199 1ST FLOOR ACGUARDSPTI BUILDINGHYDRABAD, Hyderabad, Andhra Pradesh.
Is IFSC BKID0008630 the same for all accounts at Hyderabad Asset Recovery branch?
Yes. The IFSC BKID0008630 is shared by every account held at Bank of India's Hyderabad Asset Recovery branch. Only the account number changes from customer to customer.
How quickly will an NEFT transfer using BKID0008630 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Bank of India – Hyderabad Asset Recovery reflect within 30 minutes.
Is IFSC BKID0008630 valid for NEFT and RTGS?
Yes. IFSC BKID0008630 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Can I use IFSC BKID0008630 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC BKID0008630 to send funds instantly.
How do I add Bank of India Hyderabad Asset Recovery as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC BKID0008630, and complete OTP verification. Once activated, you can transfer funds at any time.
Summary
The IFSC code BKID0008630 belongs to Bank of India's HYDERABAD ASSET RECOVERY branch, located at 10 1 1199 1ST FLOOR ACGUARDSPTI BUILDINGHYDRABAD in HYDERABAD, ANDHRA PRADESH. 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.
