BANK OF INDIA, NAGALWADI BRANCH IFSC CODE, MADHYA PRADESH

IFSC Code BKID0MG0299
Bank BANK OF INDIA
Address GOMA HOUSE,SILVI MAUHLA,SADAR BAJAR,NAGALWADI,
District BARWANI
State MADHYA PRADESH
Branch NAGALWADI
Phone Number + 91 9977749419

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 BKID0MG0299 where bank char is BKID and branch is MG0299.


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

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