Below are the complete branch details for Bank of India, KELWAD branch, located in KELWAD DIST NAGPUR, MAHARASHTRA. The IFSC assigned by the Reserve Bank of India to this branch is BKID0008732. 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 BKID0008732 for Bank of India – KELWAD — 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 – KELWAD is BKID0008732. The first four letters BKID are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 008732 map to this branch in KELWAD DIST NAGPUR, MAHARASHTRA.
About Bank of India
Bank of India operates a wide network of branches across India, including the Kelwad branch in Kelwad Dist Nagpur. 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, BKID0008732.
About this branch
The branch is located at AT POST KELWADTALUKA SAONER DIST NAGPUR. It serves the Kelwad Dist Nagpur 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 BKID0008732 is used to identify this branch on the RBI payments network.
Branch details at a glance
| Bank Name | Bank of India |
|---|---|
| Branch | Kelwad |
| IFSC Code | BKID0008732 |
| MICR Code | Refer to cheque leaf |
| Branch Address | AT POST KELWADTALUKA SAONER DIST NAGPUR |
| City | Kelwad Dist Nagpur |
| District | Kelwad Dist Nagpur |
| State | Maharashtra |
| STD Code | 7113 |
| Phone | 7113256935 |
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 KELWAD branch came to be assigned the code BKID0008732.
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 BKID0008732, money simply cannot be routed to the KELWAD branch electronically.
MICR & cheque-truncation details
Cheques drawn on the Kelwad branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC BKID0008732 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
How to transfer money using IFSC BKID0008732
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 BKID0008732 across all three.
How to use IFSC BKID0008732 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Bank of India's KELWAD 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 BKID0008732.
- Confirm the bank name auto-populates as Bank of India and the branch as KELWAD.
- Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.
RTGS transfers via IFSC BKID0008732
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 – KELWAD, ensure your bank's portal accepts IFSC BKID0008732 while registering the beneficiary. RTGS is also available 24x7.
IMPS to Bank of India KELWAD (IFSC BKID0008732)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC BKID0008732 in your mobile or internet banking app, and the money is credited to the KELWAD branch account within seconds.
Comparing NEFT, RTGS and IMPS for transfers to Kelwad
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 BKID0008732:
- 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 KELWAD is still linked to IFSC BKID0008732.
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 KELWAD branch, the IFSC BKID0008732 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 Kelwad branch is mapped to IFSC BKID0008732 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 BKID0008732.
Banking services available
The Kelwad branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 7113-7113256935.
- 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 BKID0008732
Online banking and IFSC BKID0008732
Bank of India customers can register for net banking and the bank's official mobile app once their account at the KELWAD branch is active. Net banking lets you view balances, download statements, open fixed deposits, request cheque books and initiate NEFT/RTGS/IMPS transfers — all without setting foot in the branch. The IFSC BKID0008732 is pre-filled by the bank for transfers originating from your own account, and you only need to enter it manually when adding an external beneficiary or sharing your account details with a third party.
How to reach the Kelwad branch
The branch is located at AT POST KELWADTALUKA SAONER DIST NAGPUR, which puts it inside Kelwad Dist Nagpur, the broader Kelwad Dist Nagpur district, and the state of Maharashtra. To plan your visit:
- Open Google Maps on your phone and search for “Bank of India Kelwad branch” — the verified location pin for IFSC BKID0008732 should appear at the top of the results.
- Confirm the branch is open by calling 7113-7113256935 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 BKID0008732 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 – KELWAD:
- The IFSC is exactly BKID0008732 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 KELWAD 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 Kelwad branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC BKID0008732, however, work 24x7.
Verifying IFSC BKID0008732 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 BKID0008732 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 7113-7113256935.
- Visiting the bank's official branch locator page.
Branch address & contact
Bank of IndiaKelwad Branch
AT POST KELWADTALUKA SAONER DIST NAGPUR
Kelwad Dist Nagpur, Maharashtra
Phone: 7113-7113256935
IFSC: BKID0008732
Frequently asked questions
Is IFSC BKID0008732 valid for NEFT and RTGS?
Yes. IFSC BKID0008732 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Where is Bank of India Kelwad branch located?
Bank of India's Kelwad branch is located at AT POST KELWADTALUKA SAONER DIST NAGPUR, Kelwad Dist Nagpur, Maharashtra.
Does Bank of India Kelwad branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 7113-7113256935 to confirm.
Can I use IFSC BKID0008732 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC BKID0008732 to send funds instantly.
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 Kelwad branch but serve different purposes.
What is the phone number of Bank of India Kelwad branch?
You can reach the branch at 7113-7113256935 during regular banking hours.
Is IFSC BKID0008732 the same for all accounts at Kelwad branch?
Yes. The IFSC BKID0008732 is shared by every account held at Bank of India's Kelwad branch. Only the account number changes from customer to customer.
What is the IFSC code of Bank of India Kelwad branch?
The IFSC code of Bank of India, Kelwad branch is BKID0008732. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Final notes
To recap: BKID0008732 is the IFSC code of Bank of India, KELWAD branch, in KELWAD DIST NAGPUR, MAHARASHTRA. 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.
