BANK OF INDIA, BASAI BRANCH IFSC CODE, MADHYA PRADESH

IFSC Code BKID0MG9022
Bank BANK OF INDIA
Address GRAM POST BASAI, TEH. DATIA 475661
District DATIA
State MADHYA PRADESH
Branch BASAI
Phone Number + 91 8226010283

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 BKID0MG9022 where bank char is BKID and branch is MG9022.


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

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