BANK OF INDIA IFSC Code – SHAJAPUR, SHAJAPUR
Complete bank details including IFSC code, MICR code, address and payment facilities for SHAJAPUR branch.
Bank Details
| Bank Name | BANK OF INDIA |
| Branch Name | SHAJAPUR |
| IFSC Code | BKID0009550 |
| MICR Code | 465013101 |
| Address | JAWAHAR MARGSHAJAPUR, DIST SHAJAPUR |
| City | SHAJAPUR |
| State | MADHYA PRADESH |
| Contact | 7364227877 |
Payment Facilities
About IFSC Code BKID0009550
The IFSC code BKID0009550 uniquely identifies the SHAJAPUR branch of BANK OF INDIA located in SHAJAPUR, 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 BKID0009550
- 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 (009550) – Unique branch identifier for SHAJAPUR
How to Use IFSC Code BKID0009550
To transfer money to any account at BANK OF INDIA SHAJAPUR branch, you will need to provide the IFSC code BKID0009550 along with the beneficiary's account number. This code ensures your money reaches the correct branch securely.
Transfer Methods Available at SHAJAPUR
- 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 SHAJAPUR Branch
BANK OF INDIA SHAJAPUR is a branch of BANK OF INDIA located in SHAJAPUR, MADHYA PRADESH. The branch provides comprehensive banking services to customers in SHAJAPUR and surrounding areas.
Branch Address
JAWAHAR MARGSHAJAPUR, DIST SHAJAPUR, SHAJAPUR, 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 465013101. 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 SHAJAPUR?
The IFSC code of BANK OF INDIA SHAJAPUR branch in SHAJAPUR is BKID0009550.
What is the MICR code of BANK OF INDIA SHAJAPUR?
The MICR code of BANK OF INDIA SHAJAPUR branch is 465013101.
What is the address of BANK OF INDIA SHAJAPUR?
BANK OF INDIA SHAJAPUR branch is located at JAWAHAR MARGSHAJAPUR, DIST SHAJAPUR.
Does BANK OF INDIA SHAJAPUR support NEFT/RTGS/IMPS?
BANK OF INDIA SHAJAPUR branch supports NEFT, RTGS, IMPS, and UPI transactions.