Bank of India, KATNI, KATNI Branch IFSC Code

The IFSC code BKID0009413 is assigned to Bank of India, KATNI located in KATNI, MADHYA PRADESH. This code is required for electronic fund transfers like NEFT, RTGS, and IMPS transactions.

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Bank Details

Bank Name Bank of India
IFSC Code BKID0009413
MICR Code 483013002
Branch Code 009413
Branch KATNI
City KATNI
District KATNI
State MADHYA PRADESH
Address 17358 SUBHASH CHOWKKATNI Maps
Contact +917622230144

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Understanding IFSC and MICR Codes

What is IFSC Code?

IFSC (Indian Financial System Code) is an 11-character alphanumeric code used to identify bank branches in India. It is essential for electronic fund transfers through NEFT, RTGS, and IMPS systems.

BKID Bank Code
0 Reserved (0)
009413 Branch Code

What is MICR Code?

MICR (Magnetic Ink Character Recognition) is a 9-digit code printed on cheques. It helps in faster processing of cheques through automated reading.

483 City Code
013 Bank Code
002 Branch Code

When to Use These Codes?

  • NEFT Transfer: Use IFSC code for National Electronic Funds Transfer (available 24x7)
  • RTGS Transfer: Use IFSC code for Real Time Gross Settlement (for amounts ≥ ₹2 lakhs)
  • IMPS Transfer: Use IFSC code for Immediate Payment Service (instant transfers)
  • Cheque Processing: MICR code is printed on cheques for automated clearing

Frequently Asked Questions

IFSC Code BKID0009413 is the Indian Financial System Code assigned to Bank of India, KATNI branch in KATNI, MADHYA PRADESH. This 11-character code uniquely identifies this bank branch in India's electronic payment systems.

This branch is located in KATNI, KATNI, MADHYA PRADESH. The full address is: 17358 SUBHASH CHOWKKATNI

The branch code is 009413. This is the last 6 characters of the IFSC code that uniquely identifies this specific branch of Bank of India.

This branch supports the following electronic fund transfer services:

  • NEFT - Available
  • RTGS - Available
  • IMPS - Available
  • UPI - Available

The MICR (Magnetic Ink Character Recognition) code for this branch is 483013002. MICR code is a 9-digit code used for processing cheques and is printed on cheque leaves.

To use this IFSC code for fund transfers:

  1. Log in to your bank's internet banking or mobile app
  2. Navigate to fund transfer section (NEFT/RTGS/IMPS)
  3. Enter the beneficiary's account number
  4. Enter IFSC Code: BKID0009413
  5. Verify the bank and branch details auto-populated
  6. Complete the transfer
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