Use this page as a one-stop reference for everything related to Bank of India's VASANA branch in VASANA TAL BORSAD DIST ANAND, GUJARAT. The branch's IFSC code BKID0002823 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.
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 – VASANA is BKID0002823. The first four letters BKID are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 002823 map to this branch in VASANA TAL BORSAD DIST ANAND, GUJARAT.
Bank profile
Bank of India is among the recognised banks listed on the Reserve Bank of India's payments network. The Vasana branch — IFSC BKID0002823 — extends the bank's services to customers in and around Vasana Tal Borsad Dist Anand, Gujarat.
Branch details at a glance
| Bank Name | Bank of India |
|---|---|
| Branch | Vasana |
| IFSC Code | BKID0002823 |
| MICR Code | Refer to cheque leaf |
| Branch Address | AT POST VASNATALUKA BORSAD DIST ANAND |
| City | Vasana Tal Borsad Dist Anand |
| District | Vasana Tal Borsad Dist Anand |
| State | Gujarat |
| STD Code | 2696 |
| Phone | 22800797 |
About this branch
The branch is located at AT POST VASNATALUKA BORSAD DIST ANAND. It serves the Vasana Tal Borsad Dist Anand 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 BKID0002823 is used to identify this branch on the RBI payments network.
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 VASANA branch came to be assigned the code BKID0002823.
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 BKID0002823, money simply cannot be routed to the VASANA branch electronically.
Products and account variants supported
Every account opened at the Vasana branch is mapped to IFSC BKID0002823 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 BKID0002823.
Products and services
Customers walking into the Vasana 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 BKID0002823
How to transfer money using IFSC BKID0002823
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 BKID0002823 across all three.
How to use IFSC BKID0002823 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Bank of India's VASANA 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 BKID0002823.
- Confirm the bank name auto-populates as Bank of India and the branch as VASANA.
- 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 VASANA
If you need to transfer ₹2 lakh or more in one go to an account at Bank of India's VASANA branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC BKID0002823 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 – VASANA, use IMPS. With IFSC BKID0002823 and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.
Comparing NEFT, RTGS and IMPS for transfers to Vasana
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 BKID0002823:
- 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 VASANA is still linked to IFSC BKID0002823.
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.
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 VASANA branch, the IFSC BKID0002823 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.
Online banking and IFSC BKID0002823
Bank of India customers can register for net banking and the bank's official mobile app once their account at the VASANA branch is active. Net banking lets you view balances, download statements, open fixed deposits, request cheque books and initiate NEFT/RTGS/IMPS transfers — all without setting foot in the branch. The IFSC BKID0002823 is pre-filled by the bank for transfers originating from your own account, and you only need to enter it manually when adding an external beneficiary or sharing your account details with a third party.
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 BKID0002823 and the account number together uniquely identify the Vasana 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 BKID0002823
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 – VASANA, 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:
BKID0002823. - 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 Vasana branch sits at AT POST VASNATALUKA BORSAD DIST ANAND. If you are travelling from outside Vasana Tal Borsad Dist Anand, search for the branch on a maps application using the bank name and locality, or call 2696-22800797 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 BKID0002823 and your account number.
Verifying IFSC BKID0002823 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 BKID0002823 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 2696-22800797.
- Visiting the bank's official branch locator page.
Working hours
Branch counters at Vasana 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 BKID0002823 continue to work without interruption.
Branch address & contact
Bank of IndiaVasana Branch
AT POST VASNATALUKA BORSAD DIST ANAND
Vasana Tal Borsad Dist Anand, Gujarat
Phone: 2696-22800797
IFSC: BKID0002823
Frequently asked questions
Is IFSC BKID0002823 valid for NEFT and RTGS?
Yes. IFSC BKID0002823 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
How do I add Bank of India Vasana as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC BKID0002823, and complete OTP verification. Once activated, you can transfer funds at any time.
Can I use IFSC BKID0002823 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC BKID0002823 to send funds instantly.
How quickly will an NEFT transfer using BKID0002823 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Bank of India – Vasana reflect within 30 minutes.
Does Bank of India Vasana branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 2696-22800797 to confirm.
What is the phone number of Bank of India Vasana branch?
You can reach the branch at 2696-22800797 during regular banking hours.
What is the IFSC code of Bank of India Vasana branch?
The IFSC code of Bank of India, Vasana branch is BKID0002823. 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 Vasana branch but serve different purposes.
Summary
The IFSC code BKID0002823 belongs to Bank of India's VASANA branch, located at AT POST VASNATALUKA BORSAD DIST ANAND in VASANA TAL BORSAD DIST ANAND, GUJARAT. 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.
