BANK OF INDIA IFSC Code – SATWAS, DEWAS
Complete bank details including IFSC code, MICR code, address and payment facilities for SATWAS branch.
Bank Details
| Bank Name | BANK OF INDIA |
| Branch Name | SATWAS |
| IFSC Code | BKID0008921 |
| MICR Code | 455013509 |
| Address | NAGAR PANCHAYAT SATWASMAIN ROAD, NEAR BUS STAND, |
| City | DEWAS |
| State | MADHYA PRADESH |
| Contact | 7273263229 |
Payment Facilities
About IFSC Code BKID0008921
The IFSC code BKID0008921 uniquely identifies the SATWAS branch of BANK OF INDIA located in DEWAS, MADHYA PRADESH. This 11-character alphanumeric code is essential for all electronic fund transfers in India including NEFT, RTGS, IMPS, and UPI transactions.
Understanding IFSC Code BKID0008921
- First 4 characters (BKID) – Represents BANK OF INDIA bank code assigned by RBI
- 5th character (0) – Reserved for future use (always 0)
- Last 6 characters (008921) – Unique branch identifier for SATWAS
How to Use IFSC Code BKID0008921
To transfer money to any account at BANK OF INDIA SATWAS branch, you will need to provide the IFSC code BKID0008921 along with the beneficiary's account number. This code ensures your money reaches the correct branch securely.
Transfer Methods Available at SATWAS
- NEFT (National Electronic Funds Transfer) – Settled in batches, available 24x7 on all days
- RTGS (Real Time Gross Settlement) – For high-value transactions (₹2 lakh and above), real-time transfer
- IMPS (Immediate Payment Service) – Instant transfer up to ₹5 lakh, available 24x7
- UPI (Unified Payments Interface) – Instant mobile payments using VPA/UPI ID
About BANK OF INDIA SATWAS Branch
BANK OF INDIA SATWAS is a branch of BANK OF INDIA located in DEWAS, MADHYA PRADESH. The branch provides comprehensive banking services to customers in DEWAS and surrounding areas.
Branch Address
NAGAR PANCHAYAT SATWASMAIN ROAD, NEAR BUS STAND,, DEWAS, MADHYA PRADESH
Services Available
This branch offers various banking services including savings accounts, current accounts, fixed deposits, recurring deposits, loans, locker facilities, and digital banking services. Customers can also avail services like demand drafts, pay orders, and foreign exchange (subject to branch authorization).
MICR Code Information
The MICR (Magnetic Ink Character Recognition) code for this branch is 455013509. MICR code is a 9-digit code used for cheque clearing and identifies the bank, branch, and city. It is printed on cheques using magnetic ink for machine reading.
Important Information
Transfer Timings
- NEFT: 24x7, 365 days (Settled in half-hourly batches)
- RTGS: 24x7, 365 days (Real-time for ₹2L+)
- IMPS: 24x7, 365 days (Instant)
- UPI: 24x7, 365 days (Instant)
Verification Tips
- Always verify IFSC code before transferring money
- Cross-check with bank passbook or cheque book
- IFSC codes may change after bank mergers
- Contact branch for latest information
Frequently Asked Questions
What is the IFSC code of BANK OF INDIA SATWAS?
The IFSC code of BANK OF INDIA SATWAS branch in DEWAS is BKID0008921.
What is the MICR code of BANK OF INDIA SATWAS?
The MICR code of BANK OF INDIA SATWAS branch is 455013509.
What is the address of BANK OF INDIA SATWAS?
BANK OF INDIA SATWAS branch is located at NAGAR PANCHAYAT SATWASMAIN ROAD, NEAR BUS STAND,.
Does BANK OF INDIA SATWAS support NEFT/RTGS/IMPS?
BANK OF INDIA SATWAS branch supports NEFT, RTGS, IMPS, and UPI transactions.