Bank of India – LAL BAG BURHANPUR
IFSC Code: BKID0MG0252
MICR Code: 450653002
Branch: LAL BAG BURHANPUR
Bank: Bank of India
Address: SINDHI BASTI LAL BAG B
District: BURHANPUR
State: MADHYA PRADESH
Contact: +917089903726
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Bank of India LAL BAG BURHANPUR
Indian Financial System Code (IFSC): BKID0MG0252
The IFSC is an 11-character alphanumeric code used to identify bank branches in India for electronic payment systems such as RTGS, NEFT, IMPS, and CFMS (managed by the Reserve Bank of India).
- The first four characters represent the bank name.
- The fifth character is always ‘0’ and is reserved for future use.
- Branch Code MG0252. The last six characters denote the specific bank branch.
MICR Code (Magnetic Ink Character Recognition): 450653002
The MICR code is a unique code printed on cheques using magnetic ink. It helps in the secure and faster processing and clearance of cheques by identifying the bank and branch.
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