Bank of India, MPGB CHARUA, HARDA Branch IFSC Code

The IFSC code BKID0MG1012 is assigned to Bank of India, MPGB CHARUA located in HARDA, MADHYA PRADESH. This code is required for electronic fund transfers like NEFT, RTGS, and IMPS transactions.

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Bank Details

Bank Name Bank of India
IFSC Code BKID0MG1012
MICR Code 461653502
Branch Code MG1012
Branch MPGB CHARUA
City HARDA
District HARDA
State MADHYA PRADESH
Address POSTCHARUA TEHSILKHIRKIA DIST HARDA 461441 Maps
Contact +918226010136

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Understanding IFSC and MICR Codes

What is IFSC Code?

IFSC (Indian Financial System Code) is an 11-character alphanumeric code used to identify bank branches in India. It is essential for electronic fund transfers through NEFT, RTGS, and IMPS systems.

BKID Bank Code
0 Reserved (0)
MG1012 Branch Code

What is MICR Code?

MICR (Magnetic Ink Character Recognition) is a 9-digit code printed on cheques. It helps in faster processing of cheques through automated reading.

461 City Code
653 Bank Code
502 Branch Code

When to Use These Codes?

  • NEFT Transfer: Use IFSC code for National Electronic Funds Transfer (available 24x7)
  • RTGS Transfer: Use IFSC code for Real Time Gross Settlement (for amounts ≥ ₹2 lakhs)
  • IMPS Transfer: Use IFSC code for Immediate Payment Service (instant transfers)
  • Cheque Processing: MICR code is printed on cheques for automated clearing

Frequently Asked Questions

IFSC Code BKID0MG1012 is the Indian Financial System Code assigned to Bank of India, MPGB CHARUA branch in HARDA, MADHYA PRADESH. This 11-character code uniquely identifies this bank branch in India's electronic payment systems.

This branch is located in HARDA, HARDA, MADHYA PRADESH. The full address is: POSTCHARUA TEHSILKHIRKIA DIST HARDA 461441

The branch code is MG1012. This is the last 6 characters of the IFSC code that uniquely identifies this specific branch of Bank of India.

This branch supports the following electronic fund transfer services:

  • NEFT - Available
  • RTGS - Available
  • IMPS - Available
  • UPI - Available

The MICR (Magnetic Ink Character Recognition) code for this branch is 461653502. MICR code is a 9-digit code used for processing cheques and is printed on cheque leaves.

To use this IFSC code for fund transfers:

  1. Log in to your bank's internet banking or mobile app
  2. Navigate to fund transfer section (NEFT/RTGS/IMPS)
  3. Enter the beneficiary's account number
  4. Enter IFSC Code: BKID0MG1012
  5. Verify the bank and branch details auto-populated
  6. Complete the transfer
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