Bank of India IFSC Code BKID0MG1245

Bank of India – GADARWARA

IFSC Code: BKID0MG1245

MICR Code: 487653512

Branch: GADARWARA

Bank: Bank of India

Address: CHAWADI WARD, BLOCK GADARWARA, GADARWARA 487551

District: NARSINGHPUR

State: MADHYA PRADESH

Contact: +918226010389

Indian Financial System Code (IFSC): BKID0MG1245

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 MG1245. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 487653512

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.