BANK OF INDIA, BETUL BRANCH IFSC CODE, MADHYA PRADESH

IFSC Code BKID0MG8002
Bank BANK OF INDIA
Address POST.BETUL, TEC.BETUL,DIST.BETUL460001
District BETUL
State MADHYA PRADESH
Branch BETUL
Phone Number + 91 9039087040

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 BKID0MG8002 where bank char is BKID and branch is MG8002.


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

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