Bank of India IFSC Code BKID0009563

Bank of India – KANAD

IFSC Code: BKID0009563

MICR Code: 465013507

Branch: KANAD

Bank: Bank of India

Address: SARANGPUR ROAD, KANADDISTRICT SHAJAPUR,

District: KANAD (DIST. SHAJAPUR)

State: MADHYA PRADESH

Contact: +917362251607

Indian Financial System Code (IFSC): BKID0009563

The IFSC is an 11-character alphanumeric code used to identify bank branches in India for electronic payment systems such as RTGS, NEFT, IMPS, and CFMS (managed by the Reserve Bank of India).

• The first four characters represent the bank name.
• The fifth character is always ‘0’ and is reserved for future use.
• Branch Code 009563. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 465013507

The MICR code is a unique code printed on cheques using magnetic ink. It helps in the secure and faster processing and clearance of cheques by identifying the bank and branch.