If you are searching for the IFSC code of Bank of India, LALPUR branch in RANCHI, JHARKHAND, this page has every detail you need. The verified IFSC code for this branch is BKID0004963. 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 LALPUR branch, and detailed step-by-step guides for using the IFSC BKID0004963 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.
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, BKID0004963 is the IFSC of Bank of India's LALPUR branch. The format is fixed: BKID = bank code, 0 = reserved, 004963 = branch identifier.
Branch details at a glance
| Bank Name | Bank of India |
|---|---|
| Branch | Lalpur |
| IFSC Code | BKID0004963 |
| MICR Code | Refer to cheque leaf |
| Branch Address | TIWARI ENCLAVE CIRCULAR ROAD LALPUR |
| City | Ranchi |
| District | Ranchi |
| State | Jharkhand |
| STD Code | 651 |
| Phone | 6512562717 |
About Bank of India
Bank of India operates a wide network of branches across India, including the Lalpur branch in Ranchi. 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, BKID0004963.
About this branch
The branch is located at TIWARI ENCLAVE CIRCULAR ROAD LALPUR. It serves the Ranchi 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 BKID0004963 is used to identify this branch on the RBI payments network.
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 LALPUR of Bank of India — its own 11-character IFSC. The code BKID0004963 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 BKID0004963 the same way you would treat your account number — verify it once and save it carefully for future use.
How to transfer money using IFSC BKID0004963
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 BKID0004963 across all three.
How to use IFSC BKID0004963 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Bank of India's LALPUR 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 BKID0004963.
- Confirm the bank name auto-populates as Bank of India and the branch as LALPUR.
- Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.
RTGS transfers via IFSC BKID0004963
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 – LALPUR, ensure your bank's portal accepts IFSC BKID0004963 while registering the beneficiary. RTGS is also available 24x7.
IMPS to Bank of India LALPUR (IFSC BKID0004963)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC BKID0004963 in your mobile or internet banking app, and the money is credited to the LALPUR branch account within seconds.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC BKID0004963 for Bank of India – LALPUR, 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 – BKID0004963 | Yes – BKID0004963 | Yes – BKID0004963 |
For most retail customers crediting the Lalpur 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.
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 LALPUR branch, the IFSC BKID0004963 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 Lalpur branch is mapped to IFSC BKID0004963 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 BKID0004963.
Banking services available
The Lalpur branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 651-6512562717.
- 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 BKID0004963
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 BKID0004963 and the account number together uniquely identify the Lalpur branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
Digital banking channels
Most day-to-day work that customers used to do at the Lalpur 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 BKID0004963 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.
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 – LALPUR:
- The IFSC is exactly BKID0004963 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 LALPUR 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 Lalpur branch sits at TIWARI ENCLAVE CIRCULAR ROAD LALPUR. If you are travelling from outside Ranchi, search for the branch on a maps application using the bank name and locality, or call 651-6512562717 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 BKID0004963 and your account number.
Verifying IFSC BKID0004963 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 BKID0004963 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 651-6512562717.
- Visiting the bank's official branch locator page.
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 Lalpur branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC BKID0004963, however, work 24x7.
Branch address & contact
Bank of IndiaLalpur Branch
TIWARI ENCLAVE CIRCULAR ROAD LALPUR
Ranchi, Jharkhand
Phone: 651-6512562717
IFSC: BKID0004963
Frequently asked questions
Can I use IFSC BKID0004963 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC BKID0004963 to send funds instantly.
Is IFSC BKID0004963 the same for all accounts at Lalpur branch?
Yes. The IFSC BKID0004963 is shared by every account held at Bank of India's Lalpur branch. Only the account number changes from customer to customer.
How quickly will an NEFT transfer using BKID0004963 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Bank of India – Lalpur reflect within 30 minutes.
Does Bank of India Lalpur branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 651-6512562717 to confirm.
Where is Bank of India Lalpur branch located?
Bank of India's Lalpur branch is located at TIWARI ENCLAVE CIRCULAR ROAD LALPUR, Ranchi, Jharkhand.
What is the IFSC code of Bank of India Lalpur branch?
The IFSC code of Bank of India, Lalpur branch is BKID0004963. 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 Lalpur branch but serve different purposes.
Final notes
To recap: BKID0004963 is the IFSC code of Bank of India, LALPUR branch, in RANCHI, JHARKHAND. 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.
