BANK OF INDIA, LATERI BRANCH IFSC CODE, MADHYA PRADESH

IFSC Code BKID0MG7056
Bank BANK OF INDIA
Address LATERI, TAH. LATERI, DISTT. VIDISHA
District VIDISHA
State MADHYA PRADESH
Branch LATERI
Phone Number + 91 9630030474

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 BKID0MG7056 where bank char is BKID and branch is MG7056.


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

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