Bank of India IFSC Code BKID0MG0154

Bank of India – AGAR MALWA

IFSC Code: BKID0MG0154

MICR Code: 465653531

Branch: AGAR MALWA

Bank: Bank of India

Address: AGAR MALWA

District: AGAR MALWA

State: MADHYA PRADESH

Contact: +919424870633

Indian Financial System Code (IFSC): BKID0MG0154

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 MG0154. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 465653531

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.