If you are searching for the IFSC code of Bank of India, SHIRGAON branch in SHIRGAON TALDEVGAD DIST RATNAGIRI, MAHARASHTRA, this page has every detail you need. The verified IFSC code for this branch is BKID0001406. You can use it for NEFT, RTGS and IMPS fund transfers, online banking add-payee actions, UPI mandates and any other electronic payment request that asks for an Indian Financial System Code. The information on this page is curated specifically for customers, remitters, employers and businesses who need to credit funds to an account maintained at this branch, and it is structured so you can find what you need within a few seconds of landing here.
You will see the complete branch address, the area STD code and phone number, the city and state, the day-to-day banking services that are typically offered at the SHIRGAON branch, and detailed step-by-step guides for using the IFSC BKID0001406 across NEFT, RTGS and IMPS rails. A frequently-asked-questions section at the end answers the most common queries we receive about this particular branch.
An IFSC (Indian Financial System Code) is an 11-character alphanumeric code issued by the Reserve Bank of India. It uniquely identifies every bank branch that participates in the RBI's electronic fund-transfer systems – NEFT, RTGS and IMPS. The first four characters represent the bank, the fifth is always a zero (reserved for future use), and the last six characters identify the specific branch.
For Bank of India's SHIRGAON branch, the IFSC BKID0001406 breaks down as follows: BKID identifies the bank, 0 is the reserved character, and 001406 identifies this particular branch.
Branch details at a glance
| Bank Name | Bank of India |
|---|---|
| Branch | Shirgaon |
| IFSC Code | BKID0001406 |
| MICR Code | Refer to cheque leaf |
| Branch Address | AT POST SHIRGAONTALUKA DEVGADDIST SINDHUDURG |
| City | Shirgaon Taldevgad Dist Ratnagiri |
| District | Shirgaon Taldevgad Dist Ratnagiri |
| State | Maharashtra |
| STD Code | 2364 |
| Phone | 2364236231 |
About the bank
Bank of India serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Shirgaon branch in Shirgaon Taldevgad Dist Ratnagiri, Maharashtra is part of this network and uses the IFSC code BKID0001406 for all electronic settlement.
About this branch
The branch is located at AT POST SHIRGAONTALUKA DEVGADDIST SINDHUDURG. It serves the Shirgaon Taldevgad Dist Ratnagiri region and is connected to the bank's core banking platform, which means transactions initiated here are instantly visible across all other branches of Bank of India. The IFSC BKID0001406 is used to identify this branch on the RBI payments network.
Why every Bank of India branch has a unique IFSC
Before electronic settlement systems went live in India, money transfers between banks relied heavily on demand drafts, mail transfers and telegraphic transfers. These older instruments routinely took days to clear and were prone to misrouting because there was no single machine-readable identifier for a branch. The Reserve Bank of India solved this by issuing each participating branch — including SHIRGAON of Bank of India — its own 11-character IFSC. The code BKID0001406 is therefore not just an internal reference; it is the digital postcode that lets the RBI's NEFT, RTGS and IMPS rails route funds straight to the right branch ledger without any human intervention.
Today, almost every salary credit, vendor payment, refund and EMI deduction in the country flows through this network, which is exactly why a correct IFSC matters so much. A wrong character can either bounce the transfer or send it to the wrong branch, and reversing such a credit is a manual, time-consuming process. Treat IFSC BKID0001406 the same way you would treat your account number — verify it once and save it carefully for future use.
How to transfer money using IFSC BKID0001406
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 BKID0001406 across all three.
NEFT to Bank of India, SHIRGAON using IFSC BKID0001406
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 BKID0001406, and confirm that the system picks up Bank of India – SHIRGAON. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
RTGS transfers via IFSC BKID0001406
RTGS (Real-Time Gross Settlement) is the fastest high-value transfer mechanism in India. It is meant for transfers of ₹2 lakh and above and settles each transaction individually and instantly. To remit through RTGS to Bank of India – SHIRGAON, ensure your bank's portal accepts IFSC BKID0001406 while registering the beneficiary. RTGS is also available 24x7.
Send money instantly through IMPS
For a real-time, anytime transfer to Bank of India – SHIRGAON, use IMPS. With IFSC BKID0001406 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 BKID0001406 for Bank of India – SHIRGAON, 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 – BKID0001406 | Yes – BKID0001406 | Yes – BKID0001406 |
For most retail customers crediting the Shirgaon 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.
UPI payments and IFSC BKID0001406
UPI (Unified Payments Interface) has become the default way for individuals to send money in India. While most UPI transactions are addressed using a Virtual Payment Address (VPA) like name@bank, the underlying account at Bank of India – SHIRGAON is still mapped to IFSC BKID0001406. When a customer links a savings or current account to a UPI app for the first time, the app silently looks up this IFSC against the account number to verify the account exists. The VPA acts as a friendly alias on top of the same plumbing.
If a UPI transfer to or from this branch fails, the most common reasons are an inactive UPI handle, a daily limit breach or a temporary outage at one of the participating banks — not the IFSC. You can always fall back to NEFT or IMPS using the IFSC BKID0001406 and the beneficiary's account number to complete the transfer.
Products and account variants supported
Every account opened at the Shirgaon branch is mapped to IFSC BKID0001406 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 BKID0001406.
Products and services
Customers walking into the Shirgaon 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 BKID0001406
MICR & cheque-truncation details
Cheques drawn on the Shirgaon branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC BKID0001406 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
Online banking and IFSC BKID0001406
Bank of India customers can register for net banking and the bank's official mobile app once their account at the SHIRGAON branch is active. Net banking lets you view balances, download statements, open fixed deposits, request cheque books and initiate NEFT/RTGS/IMPS transfers — all without setting foot in the branch. The IFSC BKID0001406 is pre-filled by the bank for transfers originating from your own account, and you only need to enter it manually when adding an external beneficiary or sharing your account details with a third party.
Common mistakes to avoid when using IFSC BKID0001406
An incorrect IFSC almost always results in a failed transfer or, worse, a credit to the wrong branch. Before you click Confirm on a transfer to Bank of India – SHIRGAON, double-check for these issues:
- Confusing 0 with O. The fifth character of every IFSC is the digit
0, not the letter O. Read carefully. - Spaces or hyphens. Do not put spaces in the IFSC. It is exactly 11 characters:
BKID0001406. - Wrong branch. A bank can have dozens of branches in the same city. Make sure you are using the IFSC for the actual branch where the beneficiary holds the account, not just any nearby branch.
- Old IFSC after a merger. If two banks have merged, the IFSC may have been reissued. Always verify with a recent passbook or cheque leaf.
- Copy-paste from chat. Auto-correct on phones can silently change letters in IFSC codes. Type carefully or copy from a trusted source like the cheque book.
How to reach the Shirgaon branch
The branch is located at AT POST SHIRGAONTALUKA DEVGADDIST SINDHUDURG, which puts it inside Shirgaon Taldevgad Dist Ratnagiri, the broader Shirgaon Taldevgad Dist Ratnagiri district, and the state of Maharashtra. To plan your visit:
- Open Google Maps on your phone and search for “Bank of India Shirgaon branch” — the verified location pin for IFSC BKID0001406 should appear at the top of the results.
- Confirm the branch is open by calling 2364-2364236231 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 BKID0001406 and your account number.
Other ways to verify the IFSC code
While this page already lists the verified IFSC BKID0001406 for Bank of India – SHIRGAON, you can cross-check the code from any of these sources before initiating a high-value transfer:
- The front of the cheque book issued by the branch – the IFSC is printed at the top of every leaf.
- The first page of your passbook.
- The bank's official website under the branch locator.
- The Reserve Bank of India's IFSC search portal.
- Net banking dashboards usually display the home-branch IFSC under account details.
Working hours
Branch counters at Shirgaon are usually open from 10 AM to 4 PM on weekdays. Saturdays follow the RBI's alternate-Saturday rule. Even when the branch is closed, NEFT, RTGS, IMPS and UPI transfers addressed to BKID0001406 continue to work without interruption.
Branch address & contact
Bank of IndiaShirgaon Branch
AT POST SHIRGAONTALUKA DEVGADDIST SINDHUDURG
Shirgaon Taldevgad Dist Ratnagiri, Maharashtra
Phone: 2364-2364236231
IFSC: BKID0001406
Frequently asked questions
What is the phone number of Bank of India Shirgaon branch?
You can reach the branch at 2364-2364236231 during regular banking hours.
Where is Bank of India Shirgaon branch located?
Bank of India's Shirgaon branch is located at AT POST SHIRGAONTALUKA DEVGADDIST SINDHUDURG, Shirgaon Taldevgad Dist Ratnagiri, Maharashtra.
How quickly will an NEFT transfer using BKID0001406 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Bank of India – Shirgaon reflect within 30 minutes.
Is IFSC BKID0001406 valid for NEFT and RTGS?
Yes. IFSC BKID0001406 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Can I use IFSC BKID0001406 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC BKID0001406 to send funds instantly.
Is IFSC BKID0001406 the same for all accounts at Shirgaon branch?
Yes. The IFSC BKID0001406 is shared by every account held at Bank of India's Shirgaon branch. Only the account number changes from customer to customer.
Does Bank of India Shirgaon branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 2364-2364236231 to confirm.
What is the difference between IFSC and MICR code?
IFSC is an 11-character alphanumeric code used for online transfers, while MICR is a 9-digit numeric code printed on cheques and used by cheque-clearing machines. Both identify the Shirgaon branch but serve different purposes.
Summary
The IFSC code BKID0001406 belongs to Bank of India's SHIRGAON branch, located at AT POST SHIRGAONTALUKA DEVGADDIST SINDHUDURG in SHIRGAON TALDEVGAD DIST RATNAGIRI, 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.
