Bank of India — DERABASSI Branch
DERRA BASSI, PUNJAB
Available Services
Branch Details
| Bank Name | Bank of India |
|---|---|
| Branch Name | DERABASSI |
| IFSC Code | BKID0006572 |
| MICR Code | 160013020 |
| SWIFT Code | N/A |
| Address | PARAS BANK SQUARE CHANDIGARH AMBALA ROADDERABASSI DISTT SAS NAGAR MOHALI |
| City | DERRA BASSI |
| District | DERRA BASSI |
| State | PUNJAB |
| Contact Number | +911762280288 |
How to Use BKID0006572 for Money Transfers
The IFSC code BKID0006572 is specifically assigned to the DERABASSI branch of Bank of India located in DERRA BASSI, PUNJAB. This unique code is mandatory for routing electronic payments correctly within India.
NEFT Transfer
Use BKID0006572 when adding this branch as a beneficiary in NEFT transactions. NEFT operates in half-hourly batches from 12:30 AM to 12:00 AM on all days. Enter the IFSC, account number, and account holder name carefully to ensure successful transfer.
RTGS Transfer
For high-value transactions above ₹2 lakh, RTGS offers real-time gross settlement. Use BKID0006572 along with the beneficiary's exact account number. RTGS is available on working days from 7:00 AM to 6:00 PM.
IMPS & UPI
IMPS and UPI allow instant 24×7 transfers. While UPI apps often auto-resolve the IFSC from the VPA, mobile banking apps require BKID0006572 when registering a new beneficiary.
Always double-check the account number before confirming any transfer — the IFSC routes funds to the correct branch, but the account number specifies the exact recipient.
About Bank of India DERABASSI Branch
The DERABASSI branch of Bank of India is situated in DERRA BASSI, PUNJAB. The branch address is PARAS BANK SQUARE CHANDIGARH AMBALA ROADDERABASSI DISTT SAS NAGAR MOHALI. This branch supports electronic payment services including NEFT, RTGS, IMPS, and UPI. You can contact this branch at +911762280288. Always use the IFSC code BKID0006572 when making any online fund transfer to an account held at this branch.
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