Below are the complete branch details for Bank of India, SHEGAON branch, located in SHEGAON, MAHARASHTRA. The IFSC assigned by the Reserve Bank of India to this branch is BKID0009739. Whether you want to transfer money, add a beneficiary, verify a cheque or simply confirm the branch address, you will find authentic, up-to-date information on this page that has been cross-checked against the bank's branch directory and the RBI's master list of participants in the National Electronic Funds Transfer system.
The IFSC code is one of the most frequently asked-for pieces of information when somebody wants to send you money or set up a recurring credit such as a salary, EMI auto-debit or supplier payment. Knowing exactly which IFSC belongs to your branch — in this case BKID0009739 for Bank of India – SHEGAON — saves you from rejected transfers, returned credits and the back-and-forth that follows them.
IFSC stands for Indian Financial System Code. It is an 11-character code that pinpoints a particular bank branch on the RBI's real-time payment rails. Every NEFT, RTGS or IMPS instruction must carry the destination branch's IFSC for the credit to land in the correct account.
In our case, BKID0009739 is the IFSC of Bank of India's SHEGAON branch. The format is fixed: BKID = bank code, 0 = reserved, 009739 = branch identifier.
About the bank
Bank of India serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Shegaon branch in Shegaon, Maharashtra is part of this network and uses the IFSC code BKID0009739 for all electronic settlement.
Shegaon branch overview
Located at LAYOUT PT NO 12,NZ PLOT NO 9/2,SR.NO.302/2,MURARAKA COLLEGE ROAD,BHUTBANGALA PARISAR,SHEGAON 444203, the Shegaon branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC BKID0009739 is required for all interbank electronic transfers routed through this branch.
Branch details at a glance
| Bank Name | Bank of India |
|---|---|
| Branch | Shegaon |
| IFSC Code | BKID0009739 |
| MICR Code | Refer to cheque leaf |
| Branch Address | LAYOUT PT NO 12,NZ PLOT NO 9/2,SR.NO.302/2,MURARAKA COLLEGE ROAD,BHUTBANGALA PARISAR,SHEGAON 444203 |
| City | Shegaon |
| District | Buldana |
| State | Maharashtra |
| STD Code | 0 |
| Phone | 9309764325 |
The role of IFSC in India's payments network
India's electronic payment infrastructure — NEFT, RTGS, IMPS, UPI and the National Automated Clearing House (NACH) — is built on a single principle: every participating bank branch must be uniquely identifiable by an alphanumeric code. The Reserve Bank of India introduced the IFSC system to fulfil this requirement, and that is how Bank of India's SHEGAON branch came to be assigned the code BKID0009739.
Whether you are receiving a salary on the first of the month, paying a vendor invoice, settling an EMI, or accepting a refund from an e-commerce platform, the IFSC is the silent piece of metadata that tells the network where your account lives. Without IFSC BKID0009739, money simply cannot be routed to the SHEGAON branch electronically.
MICR code & cheque clearing
Apart from IFSC, every cheque book issued by Bank of India carries a 9-digit MICR (Magnetic Ink Character Recognition) code that is read by cheque-sorting machines. The MICR code, the IFSC BKID0009739 and the account number together uniquely identify the Shegaon branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
How to transfer money using IFSC BKID0009739
Online transfers in India are powered by three major channels — NEFT, RTGS and IMPS — and each one requires a destination IFSC. Below is a quick guide for using IFSC BKID0009739 across all three.
NEFT to Bank of India, SHEGAON using IFSC BKID0009739
National Electronic Funds Transfer is the simplest way to move money into an account at this branch. NEFT works around the clock, including Sundays and public holidays, and settles in half-hourly batches.
To send funds, add the recipient as a beneficiary in your bank's online portal, key in the account number, paste the IFSC BKID0009739, and confirm that the system picks up Bank of India – SHEGAON. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
Real-Time Gross Settlement to SHEGAON
If you need to transfer ₹2 lakh or more in one go to an account at Bank of India's SHEGAON branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC BKID0009739 while initiating the transfer and the credit will appear within minutes.
Send money instantly through IMPS
For a real-time, anytime transfer to Bank of India – SHEGAON, use IMPS. With IFSC BKID0009739 and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC BKID0009739 for Bank of India – SHEGAON, but they differ in speed, minimum amount and use case. The table below summarises the differences so you can pick the right channel for the situation at hand.
| Parameter | NEFT | RTGS | IMPS |
|---|---|---|---|
| Minimum amount | ₹1 | ₹2,00,000 | ₹1 |
| Maximum amount | No RBI cap | No RBI cap | ₹5,00,000 |
| Settlement | Half-hourly batches | Real-time | Real-time |
| Availability | 24x7 | 24x7 | 24x7 |
| Best for | Routine transfers | High-value transfers | Urgent small / mid transfers |
| IFSC required | Yes – BKID0009739 | Yes – BKID0009739 | Yes – BKID0009739 |
For most retail customers crediting the Shegaon branch, NEFT or IMPS will be the quickest and most economical option. RTGS comes in for one-off, high-value movements such as property purchases, vendor settlements or large gifts.
How UPI relates to the IFSC code
UPI lets you pay using a short Virtual Payment Address instead of typing the IFSC every time, but behind the scenes every UPI mandate is mapped to an account number plus an IFSC. For accounts at Bank of India's SHEGAON branch, the IFSC BKID0009739 is what the National Payments Corporation of India (NPCI) uses to route the credit when you tap Pay on a UPI app.
That is why, even in the UPI era, it is still worth knowing the IFSC of your home branch — for failed UPI mandates, e-mandate set-ups, third-party platform onboarding and salary or refund credits.
Products and account variants supported
Every account opened at the Shegaon branch is mapped to IFSC BKID0009739 on the RBI payments network. The branch generally supports the full retail product catalogue of Bank of India, including:
- Resident savings accounts and salary accounts
- Current accounts for businesses and professionals
- Fixed deposits, recurring deposits and tax-saver deposits
- Demand drafts, banker's cheques and pay orders
- Retail loans — personal, vehicle, education, gold and home
- Credit cards and overdraft facilities (subject to eligibility)
- Third-party investment products such as mutual funds and insurance (through tie-ups)
Whichever product you choose, the IFSC for incoming credits remains BKID0009739.
Products and services
Customers walking into the Shegaon branch can access most of Bank of India's standard product suite, including:
- Account opening – savings, current, NRI, salary
- Term deposits and recurring deposits
- Retail and small-business loans
- Insurance and mutual-fund tie-ups
- Locker, safe deposit and ATM card services
- Online and mobile banking activation
- Electronic transfers via IFSC BKID0009739
Digital banking channels
Most day-to-day work that customers used to do at the Shegaon branch counter can now be completed digitally — adding a beneficiary, transferring funds, applying for a fixed deposit, raising a service request or downloading account statements. The IFSC BKID0009739 is the link between the digital channel and the branch ledger; once a transaction is confirmed, the credit or debit is reflected in the same core banking system that the branch officers see.
How to reach the Shegaon branch
The branch is located at LAYOUT PT NO 12,NZ PLOT NO 9/2,SR.NO.302/2,MURARAKA COLLEGE ROAD,BHUTBANGALA PARISAR,SHEGAON 444203, which puts it inside Shegaon, the broader Buldana district, and the state of Maharashtra. To plan your visit:
- Open Google Maps on your phone and search for “Bank of India Shegaon branch” — the verified location pin for IFSC BKID0009739 should appear at the top of the results.
- Confirm the branch is open by calling 9309764325 before stepping out, especially around public holidays.
- Carry photo ID and any account-related documents you may need for the transaction you plan to do.
Most banking work — passbook updates, fund transfers, statement downloads — can also be completed online without visiting the branch in person, as long as you know the IFSC BKID0009739 and your account number.
Things to verify before sending money
Banking errors are usually small typos that snowball into delayed credits and customer-care follow-ups. Use this short checklist before you confirm any transfer to Bank of India – SHEGAON:
- The IFSC is exactly BKID0009739 with no extra spaces.
- The beneficiary's account number matches what they shared, digit for digit.
- The portal auto-fills Bank of India as the bank name and SHEGAON as the branch.
- The amount and the purpose of payment are correct.
- You have a valid OTP-verifying mobile number on hand.
A 30-second review here saves hours of reconciliation later.
Branch banking hours and holidays
Indian bank branches typically operate from 10:00 AM to 4:00 PM, Monday to Friday, and from 10:00 AM to 2:00 PM on working Saturdays (usually the 1st, 3rd and 5th Saturdays). The Shegaon branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC BKID0009739, however, work 24x7.
Verifying IFSC BKID0009739 from official sources
The IFSC listed on this page is sourced from the RBI's master list and validated against the bank's branch directory. To double-check before transferring large sums, you can also confirm BKID0009739 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 9309764325.
- Visiting the bank's official branch locator page.
Branch address & contact
Bank of IndiaShegaon Branch
LAYOUT PT NO 12,NZ PLOT NO 9/2,SR.NO.302/2,MURARAKA COLLEGE ROAD,BHUTBANGALA PARISAR,SHEGAON 444203
Shegaon, Maharashtra
Phone: 9309764325
IFSC: BKID0009739
Frequently asked questions
Does Bank of India Shegaon branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 9309764325 to confirm.
How quickly will an NEFT transfer using BKID0009739 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Bank of India – Shegaon reflect within 30 minutes.
Is IFSC BKID0009739 the same for all accounts at Shegaon branch?
Yes. The IFSC BKID0009739 is shared by every account held at Bank of India's Shegaon branch. Only the account number changes from customer to customer.
Is IFSC BKID0009739 valid for NEFT and RTGS?
Yes. IFSC BKID0009739 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Where is Bank of India Shegaon branch located?
Bank of India's Shegaon branch is located at LAYOUT PT NO 12,NZ PLOT NO 9/2,SR.NO.302/2,MURARAKA COLLEGE ROAD,BHUTBANGALA PARISAR,SHEGAON 444203, Shegaon, Maharashtra.
Can I use IFSC BKID0009739 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC BKID0009739 to send funds instantly.
What is the IFSC code of Bank of India Shegaon branch?
The IFSC code of Bank of India, Shegaon branch is BKID0009739. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Summary
The IFSC code BKID0009739 belongs to Bank of India's SHEGAON branch, located at LAYOUT PT NO 12,NZ PLOT NO 9/2,SR.NO.302/2,MURARAKA COLLEGE ROAD,BHUTBANGALA… in SHEGAON, MAHARASHTRA. Use this code along with the beneficiary's account number for any NEFT, RTGS or IMPS transfer to this branch. Bookmark this page for quick reference whenever you need the branch's banking details.
