IFSC Code BKID0MG0166 - Bank of India-POLAY KALA-Shajapur

Detail Information
IFSC Code BKID0MG0166
Bank Name Bank of India
Address POLAY KALA BUS STAND
District Shajapur
State Madhya pradesh
Branch Polay kala
Contact +917089903530
Centre Available
IMPS Available
UPI Available
MICR 465653553
RTGS 1
NEFT Not Available
ISO3166 IN-MP
Bankcode BKID

Overview of BKID0MG0166

The IFSC code BKID0MG0166 is associated with the Shajapur POLAY KALA Branch of Bank of India. Located in the bustling city of Shajapur, MADHYA PRADESH, this branch is one of the many Bank of India branches that cater to the banking needs of the local residents. The code "BKID" in BKID0MG0166 represents Bank of India Bank, while 0MG0166 signifies the unique branch code for POLAY KALA.

Significance of IFSC Code for Banking Transactions

The importance of the IFSC code, like BKID0MG0166, for the POLAY KALA Branch, cannot be overstated. It acts as an address that identifies both the Bank of India and its specific branch in Shajapur. This ensures that when you're transferring money or setting up a beneficiary for future transactions, your funds are directed to the correct bank branch. Without the IFSC code, the chances of errors in electronic fund transfers would be significantly higher, leading to potential financial losses and administrative hassles.

Deep Dive into BKID0MG0166

The IFSC code BKID0MG0166 is not just a random combination of letters and numbers. It holds significance in the banking world, especially for those who bank with Bank of India in Shajapur. Let's break down the details:

  • IFSC Code (BKID0MG0166): This unique code is essential for electronic fund transfers. The first four characters "BKID" represent the bank's name, Bank of India. The last six characters "0MG0166" are a unique identifier for the POLAY KALA branch.
  • Bank Name (Bank of India): One of [country]'s leading banks, Bank of India offers a wide range of banking products and financial services to its vast customer base.
  • Address (POLAY KALA BUS STAND): This specific address pinpoints the exact location of the branch, ensuring that customers can easily find it for their banking needs.
  • City & State (Shajapur, MADHYA PRADESH): The branch is situated in the heart of Shajapur, the capital city of MADHYA PRADESH. A city known for its [CITY_FEATURES].
  • Branch (POLAY KALA): The [AREA_NAME] area in Shajapur is a hub of activity, and the Bank of India branch here caters to both individual and business banking needs.
  • Phone Number (+917089903530): A direct line to the branch, this number ensures that customers can reach out for any queries, concerns, or banking assistance.

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