Bank of India IFSC Code BKID0MG8017

Bank of India – AMBADA

IFSC Code: BKID0MG8017

MICR Code: 480653502

Branch: AMBADA

Bank: Bank of India

Address: POSTAMBADA,TEH.PANDHURNA, DISTCHHINDWARA480334

District: CHHINDWARA

State: MADHYA PRADESH

Contact: +919340269181

Indian Financial System Code (IFSC): BKID0MG8017

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 MG8017. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 480653502

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.