Bank of India, MPGB PRATHVIPUR, NIWARI Branch IFSC Code

The IFSC code BKID0MG2537 is assigned to Bank of India, MPGB PRATHVIPUR located in NIWARI, MADHYA PRADESH. This code is required for electronic fund transfers like NEFT, RTGS, and IMPS transactions.

✓ NEFT ✓ RTGS ✓ IMPS ✓ UPI

Bank Details

Bank Name Bank of India
IFSC Code BKID0MG2537
MICR Code 472653041
Branch Code MG2537
Branch MPGB PRATHVIPUR
City NIWARI
District NIWARI
State MADHYA PRADESH
Address VILL POST TH PRATHVIPUR DISTRICT NIWARI 472336 Maps
Contact +918269570572

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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)
MG2537 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.

472 City Code
653 Bank Code
041 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 BKID0MG2537 is the Indian Financial System Code assigned to Bank of India, MPGB PRATHVIPUR branch in NIWARI, MADHYA PRADESH. This 11-character code uniquely identifies this bank branch in India's electronic payment systems.

This branch is located in NIWARI, NIWARI, MADHYA PRADESH. The full address is: VILL POST TH PRATHVIPUR DISTRICT NIWARI 472336

The branch code is MG2537. 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 472653041. 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: BKID0MG2537
  5. Verify the bank and branch details auto-populated
  6. Complete the transfer
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