Bank of India MPGB DHANA Branch IFSC Code

BKID 0MG1602
Bank of India Logo Bank of India
MPGB DHANA — SAGAR, MADHYA PRADESH
MICR: 470653003 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
Bank of India
Branch
MPGB DHANA
IFSC Code
BKID0MG1602
MICR Code
470653003
Address
PARSORIA AT POST DHANA DISTRICT SAGAR 470228
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City
SAGAR
District
SAGAR
State
MADHYA PRADESH
Contact
+917999035243

How to Use This IFSC Code

NEFT Transfer

Use IFSC code BKID0MG1602 to send money via NEFT to this branch. NEFT transfers are processed in hourly batches during working hours. No minimum amount required.

RTGS Transfer

This branch supports RTGS for high-value instant transfers above ₹2 lakhs. Use the same IFSC code BKID0MG1602.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code BKID0MG1602.

IFSC Code Structure

B
K
I
D
0
M
G
1
6
0
2
  • BKID — Bank code (Bank of India)
  • 0 — Reserved (always 0)
  • MG1602 — Branch code (MPGB DHANA)

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Frequently Asked Questions

Is BKID0MG1602 valid for online transfer?
Yes, BKID0MG1602 is a valid IFSC code for Bank of India MPGB DHANA branch in SAGAR, MADHYA PRADESH. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does BKID0MG1602 belong to?
BKID0MG1602 belongs to Bank of India. The first 4 characters "BKID" identify the bank.
What is the MICR code for this branch?
The MICR code for Bank of India MPGB DHANA is 470653003. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using BKID0MG1602?
Yes, this branch supports RTGS (Real Time Gross Settlement). RTGS is used for high-value instant transfers above ₹2 lakhs. Available on working days during RBI specified hours.