Use this page as a one-stop reference for everything related to Bank of India's NIMAPADA branch in NIMAPARA, ODISHA. The branch's IFSC code BKID0005162 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, BKID0005162 is the IFSC of Bank of India's NIMAPADA branch. The format is fixed: BKID = bank code, 0 = reserved, 005162 = 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 Nimapada branch in Nimapara, Odisha is part of this network and uses the IFSC code BKID0005162 for all electronic settlement.
About this branch
The branch is located at NIMAPADA BRANCH JAYASHREE SQUARE DEVI MANDAP NIMAPADA DIST PURI ODISHA 752106. It serves the Nimapara 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 BKID0005162 is used to identify this branch on the RBI payments network.
Branch details at a glance
| Bank Name | Bank of India |
|---|---|
| Branch | Nimapada |
| IFSC Code | BKID0005162 |
| MICR Code | Refer to cheque leaf |
| Branch Address | NIMAPADA BRANCH JAYASHREE SQUARE DEVI MANDAP NIMAPADA DIST PURI ODISHA 752106 |
| City | Nimapara |
| District | Puri |
| State | Odisha |
| STD Code | 91 |
| Phone | 9638576360 |
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 NIMAPADA of Bank of India — its own 11-character IFSC. The code BKID0005162 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 BKID0005162 the same way you would treat your account number — verify it once and save it carefully for future use.
MICR & cheque-truncation details
Cheques drawn on the Nimapada branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC BKID0005162 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 BKID0005162
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 BKID0005162 across all three.
How to use IFSC BKID0005162 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Bank of India's NIMAPADA 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 BKID0005162.
- Confirm the bank name auto-populates as Bank of India and the branch as NIMAPADA.
- Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.
Real-Time Gross Settlement to NIMAPADA
If you need to transfer ₹2 lakh or more in one go to an account at Bank of India's NIMAPADA branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC BKID0005162 while initiating the transfer and the credit will appear within minutes.
Send money instantly through IMPS
For a real-time, anytime transfer to Bank of India – NIMAPADA, use IMPS. With IFSC BKID0005162 and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC BKID0005162 for Bank of India – NIMAPADA, 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 – BKID0005162 | Yes – BKID0005162 | Yes – BKID0005162 |
For most retail customers crediting the Nimapada 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 BKID0005162
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 – NIMAPADA is still mapped to IFSC BKID0005162. 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 BKID0005162 and the beneficiary's account number to complete the transfer.
Account types you can open at the Nimapada branch
Once you have an account at Bank of India – NIMAPADA, the IFSC BKID0005162 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.
Products and services
Customers walking into the Nimapada 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 BKID0005162
Digital banking channels
Most day-to-day work that customers used to do at the Nimapada 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 BKID0005162 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 Nimapada branch
The branch is located at NIMAPADA BRANCH JAYASHREE SQUARE DEVI MANDAP NIMAPADA DIST PURI ODISHA 752106, which puts it inside Nimapara, the broader Puri district, and the state of Odisha. To plan your visit:
- Open Google Maps on your phone and search for “Bank of India Nimapada branch” — the verified location pin for IFSC BKID0005162 should appear at the top of the results.
- Confirm the branch is open by calling 91-9638576360 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 BKID0005162 and your account number.
Common mistakes to avoid when using IFSC BKID0005162
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 – NIMAPADA, 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:
BKID0005162. - 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.
Working hours
Branch counters at Nimapada 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 BKID0005162 continue to work without interruption.
Other ways to verify the IFSC code
While this page already lists the verified IFSC BKID0005162 for Bank of India – NIMAPADA, 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 address & contact
Bank of IndiaNimapada Branch
NIMAPADA BRANCH JAYASHREE SQUARE DEVI MANDAP NIMAPADA DIST PURI ODISHA 752106
Nimapara, Odisha
Phone: 91-9638576360
IFSC: BKID0005162
Frequently asked questions
Can I use IFSC BKID0005162 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC BKID0005162 to send funds instantly.
Is IFSC BKID0005162 the same for all accounts at Nimapada branch?
Yes. The IFSC BKID0005162 is shared by every account held at Bank of India's Nimapada branch. Only the account number changes from customer to customer.
How do I add Bank of India Nimapada as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC BKID0005162, and complete OTP verification. Once activated, you can transfer funds at any time.
What is the phone number of Bank of India Nimapada branch?
You can reach the branch at 91-9638576360 during regular banking hours.
Is IFSC BKID0005162 valid for NEFT and RTGS?
Yes. IFSC BKID0005162 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
How quickly will an NEFT transfer using BKID0005162 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Bank of India – Nimapada reflect within 30 minutes.
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 Nimapada branch but serve different purposes.
Summary
The IFSC code BKID0005162 belongs to Bank of India's NIMAPADA branch, located at NIMAPADA BRANCH JAYASHREE SQUARE DEVI MANDAP NIMAPADA DIST PURI ODISHA 752106 in NIMAPARA, ODISHA. 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.
