Below are the complete branch details for Bank of India, INDERWA branch, located in INDERWA DIST KODERMA, JHARKHAND. The IFSC assigned by the Reserve Bank of India to this branch is BKID0004894. 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 BKID0004894 for Bank of India – INDERWA — saves you from rejected transfers, returned credits and the back-and-forth that follows them.
IFSC stands for Indian Financial System Code. It is an 11-character code that pinpoints a particular bank branch on the RBI's real-time payment rails. Every NEFT, RTGS or IMPS instruction must carry the destination branch's IFSC for the credit to land in the correct account.
In our case, BKID0004894 is the IFSC of Bank of India's INDERWA branch. The format is fixed: BKID = bank code, 0 = reserved, 004894 = branch identifier.
Branch details at a glance
| Bank Name | Bank of India |
|---|---|
| Branch | Inderwa |
| IFSC Code | BKID0004894 |
| MICR Code | Refer to cheque leaf |
| Branch Address | AT POST INDERWAVIA KODARMA |
| City | Inderwa Dist Koderma |
| District | Inderwa Dist Koderma |
| State | Jharkhand |
| STD Code | 6534 |
| Phone | 6534252456 |
About the bank
Bank of India serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Inderwa branch in Inderwa Dist Koderma, Jharkhand is part of this network and uses the IFSC code BKID0004894 for all electronic settlement.
About this branch
The branch is located at AT POST INDERWAVIA KODARMA. It serves the Inderwa Dist Koderma 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 BKID0004894 is used to identify this branch on the RBI payments network.
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 INDERWA branch came to be assigned the code BKID0004894.
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 BKID0004894, money simply cannot be routed to the INDERWA branch electronically.
How to transfer money using IFSC BKID0004894
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 BKID0004894 across all three.
How to use IFSC BKID0004894 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Bank of India's INDERWA 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 BKID0004894.
- Confirm the bank name auto-populates as Bank of India and the branch as INDERWA.
- Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.
RTGS transfers via IFSC BKID0004894
RTGS (Real-Time Gross Settlement) is the fastest high-value transfer mechanism in India. It is meant for transfers of ₹2 lakh and above and settles each transaction individually and instantly. To remit through RTGS to Bank of India – INDERWA, ensure your bank's portal accepts IFSC BKID0004894 while registering the beneficiary. RTGS is also available 24x7.
IMPS to Bank of India INDERWA (IFSC BKID0004894)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC BKID0004894 in your mobile or internet banking app, and the money is credited to the INDERWA branch account within seconds.
Comparing NEFT, RTGS and IMPS for transfers to Inderwa
The right transfer rail depends on how urgent the payment is, how large it is, and whether the receiving bank participates in the chosen scheme. Every option below works with the IFSC BKID0004894:
- NEFT — best for everyday transfers of any amount; settles in half-hourly batches around the clock.
- RTGS — best for transfers of ₹2 lakh and above; settles each transaction individually in real time.
- IMPS — best when speed matters more than batch scheduling; instant credit up to ₹5 lakh.
- UPI — best for small peer-to-peer payments using a VPA; the underlying account at INDERWA is still linked to IFSC BKID0004894.
For salary credits, vendor payouts and refunds, employers and merchants usually default to NEFT because of its zero per-transaction cost for retail customers and its 24x7 availability.
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 INDERWA branch, the IFSC BKID0004894 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.
Products and account variants supported
Every account opened at the Inderwa branch is mapped to IFSC BKID0004894 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 BKID0004894.
Products and services
Customers walking into the Inderwa 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 BKID0004894
MICR & cheque-truncation details
Cheques drawn on the Inderwa branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC BKID0004894 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 Inderwa 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 BKID0004894 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 – INDERWA:
- The IFSC is exactly BKID0004894 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 INDERWA 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.
Reaching the branch
The Inderwa branch sits at AT POST INDERWAVIA KODARMA. If you are travelling from outside Inderwa Dist Koderma, search for the branch on a maps application using the bank name and locality, or call 6534-6534252456 to ask for landmarks. Many customers find it easier to skip the trip altogether: net banking, mobile apps, NEFT, RTGS, IMPS and UPI all work using the IFSC BKID0004894 and your account number.
Other ways to verify the IFSC code
While this page already lists the verified IFSC BKID0004894 for Bank of India – INDERWA, 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 Inderwa branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC BKID0004894, however, work 24x7.
Branch address & contact
Bank of IndiaInderwa Branch
AT POST INDERWAVIA KODARMA
Inderwa Dist Koderma, Jharkhand
Phone: 6534-6534252456
IFSC: BKID0004894
Frequently asked questions
Can I use IFSC BKID0004894 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC BKID0004894 to send funds instantly.
Where is Bank of India Inderwa branch located?
Bank of India's Inderwa branch is located at AT POST INDERWAVIA KODARMA, Inderwa Dist Koderma, Jharkhand.
Is IFSC BKID0004894 the same for all accounts at Inderwa branch?
Yes. The IFSC BKID0004894 is shared by every account held at Bank of India's Inderwa branch. Only the account number changes from customer to customer.
What is the IFSC code of Bank of India Inderwa branch?
The IFSC code of Bank of India, Inderwa branch is BKID0004894. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
What is the phone number of Bank of India Inderwa branch?
You can reach the branch at 6534-6534252456 during regular banking hours.
How do I add Bank of India Inderwa as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC BKID0004894, and complete OTP verification. Once activated, you can transfer funds at any time.
Does Bank of India Inderwa branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 6534-6534252456 to confirm.
How quickly will an NEFT transfer using BKID0004894 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Bank of India – Inderwa reflect within 30 minutes.
Final notes
To recap: BKID0004894 is the IFSC code of Bank of India, INDERWA branch, in INDERWA DIST KODERMA, JHARKHAND. It is required for every electronic transfer to an account held at this branch. We keep this page updated with the latest address and contact details, so you can rely on the information here for your day-to-day banking needs.
