Below are the complete branch details for Bank of India, CONNAUGHT CIRCUS branch, located in NEW DELHI, DELHI. The IFSC assigned by the Reserve Bank of India to this branch is BKID0006003. 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 BKID0006003 for Bank of India – CONNAUGHT CIRCUS — 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, BKID0006003 is the IFSC of Bank of India's CONNAUGHT CIRCUS branch. The format is fixed: BKID = bank code, 0 = reserved, 006003 = branch identifier.
About the bank
Bank of India serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Connaught Circus branch in New Delhi, Delhi is part of this network and uses the IFSC code BKID0006003 for all electronic settlement.
Branch details at a glance
| Bank Name | Bank of India |
|---|---|
| Branch | Connaught Circus |
| IFSC Code | BKID0006003 |
| MICR Code | Refer to cheque leaf |
| Branch Address | CENTRAL RINGPOST BOX NO404 |
| City | New Delhi |
| District | New Delhi |
| State | Delhi |
| STD Code | 11 |
| Phone | 2373168123 |
About the Connaught Circus branch
The Connaught Circus branch of Bank of India is situated at CENTRAL RINGPOST BOX NO404. Customers visiting this branch can complete cash deposits, withdrawals, demand draft requests, cheque clearing, passbook updates and KYC formalities. For online transactions to or from this branch, the IFSC code BKID0006003 is used.
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 CONNAUGHT CIRCUS branch came to be assigned the code BKID0006003.
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 BKID0006003, money simply cannot be routed to the CONNAUGHT CIRCUS branch electronically.
Account types you can open at the Connaught Circus branch
Once you have an account at Bank of India – CONNAUGHT CIRCUS, the IFSC BKID0006003 stays the same regardless of the type of account you hold. The branch typically supports the following options:
- Savings account — for individuals, with chequebook, ATM card and net-banking access.
- Current account — for sole proprietors, partnerships and companies that need higher transaction volumes.
- Salary account — opened in bulk for corporate employees, often with zero-balance benefits.
- NRE / NRO accounts — for non-resident Indians who want to repatriate or maintain rupee balances in India.
- Fixed deposit and recurring deposit — term-based investment accounts with quarterly or cumulative interest.
- Senior citizen accounts — concessional minimum balance and a small interest rate premium on FDs.
- Minor and student accounts — operated jointly with a guardian until the customer turns 18.
Eligibility, minimum balance and KYC requirements vary by product. Speak to a relationship officer at the branch for the latest schedule of charges and interest rates.
Banking services available
The Connaught Circus branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 11-2373168123.
- 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 BKID0006003
How to transfer money using IFSC BKID0006003
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 BKID0006003 across all three.
NEFT to Bank of India, CONNAUGHT CIRCUS using IFSC BKID0006003
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 BKID0006003, and confirm that the system picks up Bank of India – CONNAUGHT CIRCUS. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
Real-Time Gross Settlement to CONNAUGHT CIRCUS
If you need to transfer ₹2 lakh or more in one go to an account at Bank of India's CONNAUGHT CIRCUS branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC BKID0006003 while initiating the transfer and the credit will appear within minutes.
IMPS to Bank of India CONNAUGHT CIRCUS (IFSC BKID0006003)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC BKID0006003 in your mobile or internet banking app, and the money is credited to the CONNAUGHT CIRCUS branch account within seconds.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC BKID0006003 for Bank of India – CONNAUGHT CIRCUS, 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 – BKID0006003 | Yes – BKID0006003 | Yes – BKID0006003 |
For most retail customers crediting the Connaught Circus 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 BKID0006003
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 – CONNAUGHT CIRCUS is still mapped to IFSC BKID0006003. 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 BKID0006003 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 Connaught Circus 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 BKID0006003 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 Connaught Circus branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC BKID0006003 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 BKID0006003
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 – CONNAUGHT CIRCUS, 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:
BKID0006003. - 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.
Reaching the branch
The Connaught Circus branch sits at CENTRAL RINGPOST BOX NO404. If you are travelling from outside New Delhi, search for the branch on a maps application using the bank name and locality, or call 11-2373168123 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 BKID0006003 and your account number.
Verifying IFSC BKID0006003 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 BKID0006003 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 11-2373168123.
- Visiting the bank's official branch locator page.
Working hours
Branch counters at Connaught Circus are usually open from 10 AM to 4 PM on weekdays. Saturdays follow the RBI's alternate-Saturday rule. Even when the branch is closed, NEFT, RTGS, IMPS and UPI transfers addressed to BKID0006003 continue to work without interruption.
Branch address & contact
Bank of IndiaConnaught Circus Branch
CENTRAL RINGPOST BOX NO404
New Delhi, Delhi
Phone: 11-2373168123
IFSC: BKID0006003
Frequently asked questions
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 Connaught Circus branch but serve different purposes.
Where is Bank of India Connaught Circus branch located?
Bank of India's Connaught Circus branch is located at CENTRAL RINGPOST BOX NO404, New Delhi, Delhi.
Is IFSC BKID0006003 valid for NEFT and RTGS?
Yes. IFSC BKID0006003 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Can I use IFSC BKID0006003 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC BKID0006003 to send funds instantly.
What is the phone number of Bank of India Connaught Circus branch?
You can reach the branch at 11-2373168123 during regular banking hours.
Is IFSC BKID0006003 the same for all accounts at Connaught Circus branch?
Yes. The IFSC BKID0006003 is shared by every account held at Bank of India's Connaught Circus branch. Only the account number changes from customer to customer.
How quickly will an NEFT transfer using BKID0006003 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Bank of India – Connaught Circus reflect within 30 minutes.
How do I add Bank of India Connaught Circus as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC BKID0006003, and complete OTP verification. Once activated, you can transfer funds at any time.
Summary
The IFSC code BKID0006003 belongs to Bank of India's CONNAUGHT CIRCUS branch, located at CENTRAL RINGPOST BOX NO404 in NEW DELHI, DELHI. 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.
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