If you are searching for the IFSC code of Bank of India, PAONTA SAHIB branch in PAONTA SAHIB DIST SIRMOUR, HIMACHAL PRADESH, this page has every detail you need. The verified IFSC code for this branch is BKID0007924. You can use it for NEFT, RTGS and IMPS fund transfers, online banking add-payee actions, UPI mandates and any other electronic payment request that asks for an Indian Financial System Code. The information on this page is curated specifically for customers, remitters, employers and businesses who need to credit funds to an account maintained at this branch, and it is structured so you can find what you need within a few seconds of landing here.
You will see the complete branch address, the area STD code and phone number, the city and state, the day-to-day banking services that are typically offered at the PAONTA SAHIB branch, and detailed step-by-step guides for using the IFSC BKID0007924 across NEFT, RTGS and IMPS rails. A frequently-asked-questions section at the end answers the most common queries we receive about this particular branch.
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 – PAONTA SAHIB is BKID0007924. The first four letters BKID are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 007924 map to this branch in PAONTA SAHIB DIST SIRMOUR, HIMACHAL PRADESH.
About Bank of India
Bank of India operates a wide network of branches across India, including the Paonta Sahib branch in Paonta Sahib Dist Sirmour. 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, BKID0007924.
Branch details at a glance
| Bank Name | Bank of India |
|---|---|
| Branch | Paonta Sahib |
| IFSC Code | BKID0007924 |
| MICR Code | Refer to cheque leaf |
| Branch Address | NH 72 NEAR BHANGRAN CHOWKMAIN MARKET WARDNO 7MAIN MARKET WARD NO 7 PAONTA SAHIB |
| City | Paonta Sahib Dist Sirmour |
| District | Paonta Sahibdist Sirmour |
| State | Himachal Pradesh |
| STD Code | 91 |
| Phone | 9638576562 |
About the Paonta Sahib branch
The Paonta Sahib branch of Bank of India is situated at NH 72 NEAR BHANGRAN CHOWKMAIN MARKET WARDNO 7MAIN MARKET WARD NO 7 PAONTA SAHIB. 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 BKID0007924 is used.
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 PAONTA SAHIB of Bank of India — its own 11-character IFSC. The code BKID0007924 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 BKID0007924 the same way you would treat your account number — verify it once and save it carefully for future use.
Account types you can open at the Paonta Sahib branch
Once you have an account at Bank of India – PAONTA SAHIB, the IFSC BKID0007924 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 Paonta Sahib branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 91-9638576562.
- 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 BKID0007924
How to transfer money using IFSC BKID0007924
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 BKID0007924 across all three.
NEFT to Bank of India, PAONTA SAHIB using IFSC BKID0007924
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 BKID0007924, and confirm that the system picks up Bank of India – PAONTA SAHIB. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
Real-Time Gross Settlement to PAONTA SAHIB
If you need to transfer ₹2 lakh or more in one go to an account at Bank of India's PAONTA SAHIB branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC BKID0007924 while initiating the transfer and the credit will appear within minutes.
IMPS to Bank of India PAONTA SAHIB (IFSC BKID0007924)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC BKID0007924 in your mobile or internet banking app, and the money is credited to the PAONTA SAHIB branch account within seconds.
Comparing NEFT, RTGS and IMPS for transfers to Paonta Sahib
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 BKID0007924:
- 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 PAONTA SAHIB is still linked to IFSC BKID0007924.
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 BKID0007924
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 – PAONTA SAHIB is still mapped to IFSC BKID0007924. 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 BKID0007924 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 Paonta Sahib 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 BKID0007924 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 BKID0007924 and the account number together uniquely identify the Paonta Sahib branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
Common mistakes to avoid when using IFSC BKID0007924
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 – PAONTA SAHIB, 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:
BKID0007924. - 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.
How to reach the Paonta Sahib branch
The branch is located at NH 72 NEAR BHANGRAN CHOWKMAIN MARKET WARDNO 7MAIN MARKET WARD NO 7 PAONTA SAHIB, which puts it inside Paonta Sahib Dist Sirmour, the broader Paonta Sahibdist Sirmour district, and the state of Himachal Pradesh. To plan your visit:
- Open Google Maps on your phone and search for “Bank of India Paonta Sahib branch” — the verified location pin for IFSC BKID0007924 should appear at the top of the results.
- Confirm the branch is open by calling 91-9638576562 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 BKID0007924 and your account number.
Other ways to verify the IFSC code
While this page already lists the verified IFSC BKID0007924 for Bank of India – PAONTA SAHIB, 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 Paonta Sahib branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC BKID0007924, however, work 24x7.
Branch address & contact
Bank of IndiaPaonta Sahib Branch
NH 72 NEAR BHANGRAN CHOWKMAIN MARKET WARDNO 7MAIN MARKET WARD NO 7 PAONTA SAHIB
Paonta Sahib Dist Sirmour, Himachal Pradesh
Phone: 91-9638576562
IFSC: BKID0007924
Frequently asked questions
What is the IFSC code of Bank of India Paonta Sahib branch?
The IFSC code of Bank of India, Paonta Sahib branch is BKID0007924. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
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 Paonta Sahib branch but serve different purposes.
Is IFSC BKID0007924 the same for all accounts at Paonta Sahib branch?
Yes. The IFSC BKID0007924 is shared by every account held at Bank of India's Paonta Sahib branch. Only the account number changes from customer to customer.
How quickly will an NEFT transfer using BKID0007924 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Bank of India – Paonta Sahib reflect within 30 minutes.
Where is Bank of India Paonta Sahib branch located?
Bank of India's Paonta Sahib branch is located at NH 72 NEAR BHANGRAN CHOWKMAIN MARKET WARDNO 7MAIN MARKET WARD NO 7 PAONTA SAHIB, Paonta Sahib Dist Sirmour, Himachal Pradesh.
What is the phone number of Bank of India Paonta Sahib branch?
You can reach the branch at 91-9638576562 during regular banking hours.
Is IFSC BKID0007924 valid for NEFT and RTGS?
Yes. IFSC BKID0007924 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Final notes
To recap: BKID0007924 is the IFSC code of Bank of India, PAONTA SAHIB branch, in PAONTA SAHIB DIST SIRMOUR, HIMACHAL PRADESH. 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.
