Bank of India, MPGB KUMBHARAJ, GUNA Branch IFSC Code

The IFSC code BKID0MG1947 is assigned to Bank of India, MPGB KUMBHARAJ located in GUNA, 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 BKID0MG1947
MICR Code 473653038
Branch Code MG1947
Branch MPGB KUMBHARAJ
City GUNA
District GUNA
State MADHYA PRADESH
Address VILL POST KUMBHARAJ DISTT GUNA DISTRICT GUNA 473222 Maps
Contact +919993239479

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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)
MG1947 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.

473 City Code
653 Bank Code
038 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 BKID0MG1947 is the Indian Financial System Code assigned to Bank of India, MPGB KUMBHARAJ branch in GUNA, MADHYA PRADESH. This 11-character code uniquely identifies this bank branch in India's electronic payment systems.

This branch is located in GUNA, GUNA, MADHYA PRADESH. The full address is: VILL POST KUMBHARAJ DISTT GUNA DISTRICT GUNA 473222

The branch code is MG1947. 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 473653038. 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: BKID0MG1947
  5. Verify the bank and branch details auto-populated
  6. Complete the transfer
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