Bank of India – NAGADA
IFSC Code: BKID0MG6044
MICR Code: 454653534
Branch: NAGADA
Bank: Bank of India
Address: NAGADA
District: DHAR
State: MADHYA PRADESH
Contact: +919754769486
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Bank of India NAGADA
Indian Financial System Code (IFSC): BKID0MG6044
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 MG6044. The last six characters denote the specific bank branch.
MICR Code (Magnetic Ink Character Recognition): 454653534
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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