Bank of India, MPGB BARBAI, MURAINA Branch IFSC Code

The IFSC code BKID0MG9063 is assigned to Bank of India, MPGB BARBAI located in MURAINA, 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 BKID0MG9063
MICR Code 476653514
Branch Code MG9063
Branch MPGB BARBAI
City MURAINA
District MURAINA
State MADHYA PRADESH
Address VILL POST BARBAI DISTTMORENA Maps
Contact +918226010442

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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)
MG9063 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.

476 City Code
653 Bank Code
514 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 BKID0MG9063 is the Indian Financial System Code assigned to Bank of India, MPGB BARBAI branch in MURAINA, MADHYA PRADESH. This 11-character code uniquely identifies this bank branch in India's electronic payment systems.

This branch is located in MURAINA, MURAINA, MADHYA PRADESH. The full address is: VILL POST BARBAI DISTTMORENA

The branch code is MG9063. 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 476653514. 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: BKID0MG9063
  5. Verify the bank and branch details auto-populated
  6. Complete the transfer
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