IFSCIndex

Bank Of India Mpgb Seondha IFSC Code

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Bank Of India

BKID0MG9024

IFSC · Used for NEFT, IMPS & RTGS

475653507

MICR · Used for Cheque Clearance

Branch

Mpgb Seondha

Address

Bus Stand Sawada Teh Sawada 475682

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District

Datia

State

Madhya Pradesh

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Frequently Asked Questions

About Bank Of India Mpgb Seondha (bus Stand Sawada Teh Sawada - 9024), Datia

The IFSC code BKID0MG9024 (lowercase: bkid0mg9024) belongs to Bank Of India, specifically the Mpgb Seondha (bus Stand Sawada Teh Sawada - 9024) branch located in Datia, Madhya Pradesh.

The 5th character in the IFSC code BKID0MG9024 is a zero (0), not the letter 'O'. The correct format is BKID0MG9024 (lowercase: bkid0mg9024), and not BKIDOMG9024. According to RBI guidelines, the fifth character of all IFSC codes is reserved as a zero.

The IFSC code of Bank Of India Mpgb Seondha (bus Stand Sawada Teh Sawada - 9024) in Datia, Madhya Pradesh is BKID0MG9024. This 11-character code is required for all NEFT, RTGS and IMPS electronic fund transfers to this branch.

Bank Of India Mpgb Seondha (bus Stand Sawada Teh Sawada - 9024) is located at Bus Stand Sawada Teh Sawada 475682, Datia, Madhya Pradesh. You can click the "View on Google Maps" button on this page to get directions.

The MICR (Magnetic Ink Character Recognition) code of Bank Of India Mpgb Seondha (bus Stand Sawada Teh Sawada - 9024) is 475653507. MICR codes are used for cheque processing and are printed at the bottom of cheque leaves in magnetic ink.

Yes. IFSC code BKID0MG9024 is valid for all three RBI-regulated transfer modes: NEFT (settled in 30-minute batches, no minimum), RTGS (real-time, minimum ₹2 lakh), and IMPS (instant, up to ₹5 lakh). All modes are available 24×7×365 as per RBI guidelines issued in December 2019.

You can verify IFSC code BKID0MG9024 by checking: (1) The top-left corner of any Bank Of India Mpgb Seondha (bus Stand Sawada Teh Sawada - 9024) cheque leaf, (2) The first page of your Bank Of India passbook, (3) Your net banking or mobile banking app under "Branch Details", or (4) The RBI's official IFSC lookup at rbi.org.in.

Understanding IFSC Code: BKID0MG9024

Decoded structure — 4 + 1 + 6 characters

Visual Breakdown

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BKID
Bank Codechars 1–4
0Reservedchar 5
MG9024
Branch Codechars 6–11

BKID0MG9024

What Each Part Means

Bank Code — BKID
The first 4 characters uniquely identify Bank Of India at the national level. Every branch of Bank Of India across all states shares this same prefix. It is assigned by the RBI and never changes.
Reserved — 0
The 5th character is always 0 (zero), reserved by the RBI for future use. It acts as a separator between the bank identifier and the branch-specific code and is mandatory in all electronic fund transfer systems.
Branch Code — MG9024
The final 6 characters MG9024 uniquely identify this specific branch within the Bank Of India network. No two branches share the same branch code. Use this code to verify you have the correct branch before initiating any NEFT, RTGS, or IMPS transfer.
Quick reference for IFSC code BKID0MG9024
SegmentCharsValuePurpose
Bank Code1–4BKIDIdentifies Bank Of India
Reserved50RBI reserved (always 0)
Branch Code6–11MG9024Unique to this branch

Where to Find IFSC & MICR on Your Cheque

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IFSC vs MICR — Functional Comparison

Two different codes, two different banking systems

FeatureIFSC CodeMICR Code
Full FormIndian Financial System CodeMagnetic Ink Character Recognition
Length & Format11 characters — alphanumeric9 digits — numeric only
This BranchBKID0MG9024475653507
Primary UseElectronic fund transfers: NEFT, RTGS, IMPS, UPIPhysical cheque clearing at clearing houses
MediumDigital / online — no physical document neededPrinted in magnetic ink on cheque leaf bottom band
Processing SpeedReal-time (IMPS/UPI) or 30-min batches (NEFT)T+1 or T+2 clearing cycle via RBI clearing houses
Where to Find ItCheque leaf (top area), passbook first page, net bankingBottom band of cheque leaf (the printed magnetic strip)
Assigned ByRBI — permanent unless branch is relocated/mergedRBI — encodes city (3) + bank (3) + branch (3) digits
Required ForAdding a payee / beneficiary for online transferCheque book issuance and clearing house processing

Source: Reserve Bank of India (RBI) Payment Systems Guidelines. IFSC mandatory for NEFT/RTGS/IMPS since 2010; MICR used by CTS-2010 standard cheque clearing.

Disclaimer: All IFSC code and branch address data is sourced directly from the Reserve Bank of India (RBI) master registry. While we apply formatting to improve readability, IFSC Code World is not responsible for geographical discrepancies or inaccuracies originating from the central database. Please verify critical routing information with your home branch before initiating large transfers.