IFSC Code of Bank of India, ALOTE, RATLAM

BKID0MG1445

BankBank of India
IFSC CodeBKID0MG1445
Branch CodeMG1445 (last six characters of IFSC)
BranchALOTE
City / DistrictRATLAM
StateMADHYA PRADESH

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Bank of India ALOTE IFSC Code

The ALOTE branch of Bank of India located in RATLAM, MADHYA PRADESH is identified by the IFSC code BKID0MG1445. 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 BKID0MG1445

  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 BKID0MG1445 to identify the ALOTE 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, ALOTE?
The IFSC code is BKID0MG1445.

What is the branch code?
The branch code is MG1445, the last six characters of the IFSC code.