Bank of India — KOSHILA

KOSHILA DIST GAYA, BIHAR

IFSC Code

BKID0004489

MICR Code

823013505

Branch

KOSHILA

Bank

Bank of India

District

KOSHILA DIST GAYA

State

BIHAR

Contact

+916319934686

Address

AT PO KOSHILAVIA BODHGAYA

Get Directions to This Branch

Using IFSC BKID0004489 for money transfers

NEFT transfers to KOSHILA, one of Bank of India's branches in KOSHILA DIST GAYA, are batch-processed rather than instant. Most transfers clear within 30 minutes to a couple of hours during banking hours, and NEFT now runs 24x7 on all days including weekends.

RTGS (Real Time Gross Settlement) is built for high-value transfers — ₹2 lakh and above — and settles individually rather than in batches, so money reaches KOSHILA almost immediately once processed, rather than waiting for the next settlement window.

IMPS is built for urgency: transfers to KOSHILA clear in seconds rather than minutes or hours, and it works around the clock — useful outside NEFT/RTGS's usual processing windows.

NEFT & RTGS Timing — System Hours vs. Branch Hours

A distinction that matters if you're transferring to KOSHILA: the RBI settlement system runs 24x7 for NEFT and RTGS, but that doesn't mean this specific branch is open around the clock. Online transfers process any time; in-person or cash-based requests still depend on the branch actually being open.

MethodSystem HoursIf Visiting KOSHILA In Person
NEFT24x7x365, including weekends and holidays (RBI mandate since 16 Dec 2019)Online/net-banking NEFT processes any time. An in-branch, cash, or cheque-based NEFT request still depends on that branch's working hours.
RTGS24x7x365, including weekends and holidays (RBI mandate since 14 Dec 2020)Minimum transfer amount is ₹2 lakh. Same system-vs-branch-hours distinction as NEFT applies for in-person requests.
IMPS24x7x365 — always has been, no banking-hours restriction at the system level.Typically capped per transaction depending on your bank's own limits (often around ₹5 lakh).

Follow these steps to transfer money into an account held at KOSHILA:

  1. Log in to your bank's net banking portal or mobile banking app.
  2. Add a new beneficiary/payee, entering the recipient's full name and account number.
  3. Enter the IFSC code BKID0004489 when prompted — this routes the transfer to KOSHILA specifically.
  4. Most banks require a short cooling-off period (often a few hours) after adding a new beneficiary before the first transfer.
  5. Once the beneficiary is active, choose NEFT, RTGS, or IMPS based on the amount and how quickly you need it to arrive.
  6. Enter the amount, review the details (name, account number, IFSC), and confirm with your OTP/PIN.

Frequently asked questions

What is the IFSC code of the Bank of India KOSHILA branch?

The IFSC code for Bank of India's KOSHILA branch in KOSHILA DIST GAYA, BIHAR is BKID0004489. This 11-character code is required for NEFT, RTGS, and IMPS transfers to any account held at this branch.

What is the MICR code of this branch?

The MICR code for this branch is 823013505. MICR codes are used for cheque clearing, while the IFSC code (BKID0004489) is what's needed for electronic transfers like NEFT and RTGS.

Where is the KOSHILA branch of Bank of India located?

This branch is located at: AT PO KOSHILAVIA BODHGAYA. It falls under KOSHILA DIST GAYA district, BIHAR.

Can I use this IFSC code for both NEFT and RTGS transfers?

Yes — the same IFSC code (BKID0004489) is used for NEFT, RTGS, and IMPS transfers to this branch. Which one you should pick depends on the amount and urgency, not the code itself: RTGS for ₹2 lakh+ needing near-instant settlement, NEFT for regular batch-processed transfers, and IMPS for smaller amounts that need to land in seconds.

Is there a phone number for this branch?

Yes, this branch's listed contact number is +916319934686.

Bank of India in other districts of BIHAR

PATNA (35)MUZAFFARPUR (14)BHAGALPUR (11)SIWAN (8)DARBHANGA (7)MADHUBANI (6)BEGUSARAI (5)GAYA BIHAR (5)

IFSC and MICR code data sourced from bank-published branch records. While we take care to keep this current, always confirm the IFSC code with your bank before making a large transfer — see our disclaimer for details.