IFSC Code of Bank of India, BAGMAR, KHANDWA

BKID0MG0264

BankBank of India
IFSC CodeBKID0MG0264
Branch CodeMG0264 (last six characters of IFSC)
BranchBAGMAR
City / DistrictKHANDWA
StateMADHYA PRADESH

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Bank of India BAGMAR IFSC Code

The BAGMAR branch of Bank of India located in KHANDWA, MADHYA PRADESH is identified by the IFSC code BKID0MG0264. This 11-character code is issued by the Reserve Bank of India (RBI) and is required for electronic fund transfers such as NEFT, RTGS, IMPS and UPI.

How to transfer money using BKID0MG0264

  1. Log in to your bank’s net banking or mobile banking app.
  2. Choose the NEFT, RTGS or IMPS transfer option.
  3. Add the beneficiary with account number and branch name.
  4. Enter IFSC code BKID0MG0264 to identify the BAGMAR branch.
  5. Enter the amount and confirm the transaction.

Difference between IFSC and MICR

AspectIFSC
Full formIndian Financial System Code
PurposeOnline money transfer (NEFT / RTGS / IMPS)
Format11-character alphanumeric
Issued byReserve Bank of India (RBI)

Frequently asked questions

What is the IFSC code of Bank of India, BAGMAR?
The IFSC code is BKID0MG0264.

What is the branch code?
The branch code is MG0264, the last six characters of the IFSC code.