Use this page as a one-stop reference for everything related to Bank of India's TELCO TOWN branch in JAMSHEDPUR, JHARKHAND. The branch's IFSC code BKID0004501 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.
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, BKID0004501 is the IFSC of Bank of India's TELCO TOWN branch. The format is fixed: BKID = bank code, 0 = reserved, 004501 = branch identifier.
Bank profile
Bank of India is among the recognised banks listed on the Reserve Bank of India's payments network. The Telco Town branch — IFSC BKID0004501 — extends the bank's services to customers in and around Jamshedpur, Jharkhand.
About this branch
The branch is located at TELCO TOWNA ROAD. It serves the Jamshedpur 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 BKID0004501 is used to identify this branch on the RBI payments network.
Branch details at a glance
| Bank Name | Bank of India |
|---|---|
| Branch | Telco Town |
| IFSC Code | BKID0004501 |
| MICR Code | Refer to cheque leaf |
| Branch Address | TELCO TOWNA ROAD |
| City | Jamshedpur |
| District | Jamshedpur |
| State | Jharkhand |
| STD Code | 657 |
| Phone | 6572286954 |
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 TELCO TOWN of Bank of India — its own 11-character IFSC. The code BKID0004501 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 BKID0004501 the same way you would treat your account number — verify it once and save it carefully for future use.
MICR code & cheque clearing
Apart from IFSC, every cheque book issued by Bank of India carries a 9-digit MICR (Magnetic Ink Character Recognition) code that is read by cheque-sorting machines. The MICR code, the IFSC BKID0004501 and the account number together uniquely identify the Telco Town branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
How to transfer money using IFSC BKID0004501
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 BKID0004501 across all three.
NEFT to Bank of India, TELCO TOWN using IFSC BKID0004501
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 BKID0004501, and confirm that the system picks up Bank of India – TELCO TOWN. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
Real-Time Gross Settlement to TELCO TOWN
If you need to transfer ₹2 lakh or more in one go to an account at Bank of India's TELCO TOWN branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC BKID0004501 while initiating the transfer and the credit will appear within minutes.
IMPS to Bank of India TELCO TOWN (IFSC BKID0004501)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC BKID0004501 in your mobile or internet banking app, and the money is credited to the TELCO TOWN branch account within seconds.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC BKID0004501 for Bank of India – TELCO TOWN, 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 – BKID0004501 | Yes – BKID0004501 | Yes – BKID0004501 |
For most retail customers crediting the Telco Town 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 BKID0004501
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 – TELCO TOWN is still mapped to IFSC BKID0004501. 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 BKID0004501 and the beneficiary's account number to complete the transfer.
Products and account variants supported
Every account opened at the Telco Town branch is mapped to IFSC BKID0004501 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 BKID0004501.
Products and services
Customers walking into the Telco Town 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 BKID0004501
Digital banking channels
Most day-to-day work that customers used to do at the Telco Town 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 BKID0004501 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.
How to reach the Telco Town branch
The branch is located at TELCO TOWNA ROAD, which puts it inside Jamshedpur, the broader Jamshedpur district, and the state of Jharkhand. To plan your visit:
- Open Google Maps on your phone and search for “Bank of India Telco Town branch” — the verified location pin for IFSC BKID0004501 should appear at the top of the results.
- Confirm the branch is open by calling 657-6572286954 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 BKID0004501 and your account number.
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 – TELCO TOWN:
- The IFSC is exactly BKID0004501 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 TELCO TOWN 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.
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 Telco Town branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC BKID0004501, however, work 24x7.
Verifying IFSC BKID0004501 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 BKID0004501 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 657-6572286954.
- Visiting the bank's official branch locator page.
Branch address & contact
Bank of IndiaTelco Town Branch
TELCO TOWNA ROAD
Jamshedpur, Jharkhand
Phone: 657-6572286954
IFSC: BKID0004501
Frequently asked questions
Is IFSC BKID0004501 the same for all accounts at Telco Town branch?
Yes. The IFSC BKID0004501 is shared by every account held at Bank of India's Telco Town branch. Only the account number changes from customer to customer.
What is the phone number of Bank of India Telco Town branch?
You can reach the branch at 657-6572286954 during regular banking hours.
Is IFSC BKID0004501 valid for NEFT and RTGS?
Yes. IFSC BKID0004501 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
How do I add Bank of India Telco Town as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC BKID0004501, and complete OTP verification. Once activated, you can transfer funds at any time.
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 Telco Town branch but serve different purposes.
Can I use IFSC BKID0004501 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC BKID0004501 to send funds instantly.
What is the IFSC code of Bank of India Telco Town branch?
The IFSC code of Bank of India, Telco Town branch is BKID0004501. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Final notes
To recap: BKID0004501 is the IFSC code of Bank of India, TELCO TOWN branch, in JAMSHEDPUR, 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.
