Bank of India MPGB BANDARI Branch IFSC Code

BKID 0MG1624
Bank of India Logo Bank of India
MPGB BANDARI — SAGAR, MADHYA PRADESH
MICR: 470653025 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
Bank of India
Branch
MPGB BANDARI
IFSC Code
BKID0MG1624
MICR Code
470653025
Address
SAGAR TO JHANSI ROAD, BANDARI DISTRICT SAGAR 470442
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City
SAGAR
District
SAGAR
State
MADHYA PRADESH
Contact
+919755374277

How to Use This IFSC Code

NEFT Transfer

Use IFSC code BKID0MG1624 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 BKID0MG1624.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code BKID0MG1624.

IFSC Code Structure

B
K
I
D
0
M
G
1
6
2
4
  • BKID — Bank code (Bank of India)
  • 0 — Reserved (always 0)
  • MG1624 — Branch code (MPGB BANDARI)

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Frequently Asked Questions

Is BKID0MG1624 valid for online transfer?
Yes, BKID0MG1624 is a valid IFSC code for Bank of India MPGB BANDARI branch in SAGAR, MADHYA PRADESH. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does BKID0MG1624 belong to?
BKID0MG1624 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 BANDARI is 470653025. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using BKID0MG1624?
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.