BANK OF INDIA, NIGWANI BRANCH IFSC CODE, MADHYA PRADESH

IFSC Code BKID0MG1507
Bank BANK OF INDIA
Address POSTNIGWANI, BLOCK KOTMA 484771
District ANUPPUR
State MADHYA PRADESH
Branch NIGWANI
Phone Number + 91 8226006981

Indian Financial System Code (IFSC). It is used for electronic payment applications like Real Time Gross Settlement (RTGS), National Electronic Funds Transfer (NEFT), Immediate Payment Service, an interbank electronic instant mobile money transfer service (IMPS), and Centralised Funds Management System (CFMS) developed by Reserve Bank of India (RBI).


Code has eleven characters "Alpha Numeric" in nature.


First four characters represent bank, fifth character is default "0" left for future use and last six characters represent branch.


Here in this IFSC code BKID0MG1507 where bank char is BKID and branch is MG1507.


MICR Code: Magnetic Ink Character Recognition as printed on cheque book to facilitate the processing of cheques.

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