Bank of India – BHANEGAON
IFSC Code: BKID0MG1306
MICR Code: 481653503
Branch: BHANEGAON
Bank: Bank of India
Address: POSTBHANEGAON, TAHSILLANJI, BALAGHAT
District: BALAGHAT
State: MADHYA PRADESH
Contact: +918226010167
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Bank of India IFSC Code BKID0MG1306
Indian Financial System Code (IFSC): BKID0MG1306
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 MG1306. The last six characters denote the specific bank branch.
MICR Code (Magnetic Ink Character Recognition): 481653503
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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