Bank of India IFSC Code BKID0MG1342

Bank of India – AJANIYA

IFSC Code: BKID0MG1342

MICR Code: 481653533

Branch: AJANIYA

Bank: Bank of India

Address: POSTAJANIYA,TAHSILBHUABICHHIYADIST MANDLA 481993

District: MANDLA

State: MADHYA PRADESH

Contact: +918226010157

Indian Financial System Code (IFSC): BKID0MG1342

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 MG1342. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 481653533

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.