IFSC Code of Bank of India, National Banking Group West I Branch, Maharashtra

Use this page as a one-stop reference for everything related to Bank of India's NATIONAL BANKING GROUP WEST I branch in MUMBAI SOUTH, MAHARASHTRA. The branch's IFSC code BKID000NB61 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, BKID000NB61 is the IFSC of Bank of India's NATIONAL BANKING GROUP WEST I branch. The format is fixed: BKID = bank code, 0 = reserved, 00NB61 = branch identifier.

About Bank of India

Bank of India operates a wide network of branches across India, including the National Banking Group West I branch in Mumbai South. 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, BKID000NB61.

Branch details at a glance

National Banking Group West I branch overview

Located at NATIONAL BANKING GROUPWEST I, the National Banking Group West I branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC BKID000NB61 is required for all interbank electronic transfers routed through this branch.

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 NATIONAL BANKING GROUP WEST I of Bank of India — its own 11-character IFSC. The code BKID000NB61 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 BKID000NB61 the same way you would treat your account number — verify it once and save it carefully for future use.

Products and account variants supported

Every account opened at the National Banking Group West I branch is mapped to IFSC BKID000NB61 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 BKID000NB61.

Products and services

Customers walking into the National Banking Group West I 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 BKID000NB61

How to transfer money using IFSC BKID000NB61

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 BKID000NB61 across all three.

NEFT to Bank of India, NATIONAL BANKING GROUP WEST I using IFSC BKID000NB61

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 BKID000NB61, and confirm that the system picks up Bank of India – NATIONAL BANKING GROUP WEST I. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

RTGS transfers via IFSC BKID000NB61

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 – NATIONAL BANKING GROUP WEST I, ensure your bank's portal accepts IFSC BKID000NB61 while registering the beneficiary. RTGS is also available 24x7.

IMPS to Bank of India NATIONAL BANKING GROUP WEST I (IFSC BKID000NB61)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC BKID000NB61 in your mobile or internet banking app, and the money is credited to the NATIONAL BANKING GROUP WEST I branch account within seconds.

Comparing NEFT, RTGS and IMPS for transfers to National Banking Group West I

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 BKID000NB61:

• 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 NATIONAL BANKING GROUP WEST I is still linked to IFSC BKID000NB61.

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.

UPI payments and IFSC BKID000NB61

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 – NATIONAL BANKING GROUP WEST I is still mapped to IFSC BKID000NB61. 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 BKID000NB61 and the beneficiary's account number to complete the transfer.

Digital banking channels

Most day-to-day work that customers used to do at the National Banking Group West I 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 BKID000NB61 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 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 BKID000NB61 and the account number together uniquely identify the National Banking Group West I branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.

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 – NATIONAL BANKING GROUP WEST I:

• The IFSC is exactly BKID000NB61 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 NATIONAL BANKING GROUP WEST I 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 National Banking Group West I branch sits at NATIONAL BANKING GROUPWEST I. If you are travelling from outside Mumbai South, search for the branch on a maps application using the bank name and locality, or call 91-9421392533 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 BKID000NB61 and your account number.

Other ways to verify the IFSC code

While this page already lists the verified IFSC BKID000NB61 for Bank of India – NATIONAL BANKING GROUP WEST I, 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 National Banking Group West I branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC BKID000NB61, however, work 24x7.

Branch address & contact

Frequently asked questions

Summary

The IFSC code BKID000NB61 belongs to Bank of India's NATIONAL BANKING GROUP WEST I branch, located at NATIONAL BANKING GROUPWEST I in MUMBAI SOUTH, MAHARASHTRA. 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.