IFSC Code BKID0MG0160 - Bank of India-SHUJALPUR CITY-Shajapur
| Detail | Information |
|---|---|
| IFSC Code | BKID0MG0160 |
| Bank Name | Bank of India |
| Address | VP SHUJALPUR MANDI |
| District | Shajapur |
| State | Madhya pradesh |
| Branch | Shujalpur city |
| Contact | +919644665582 |
| Centre | Available |
| IMPS | Available |
| UPI | Available |
| MICR | 465653052 |
| RTGS | 1 |
| NEFT | Not Available |
| ISO3166 | IN-MP |
| Bankcode | BKID |
Overview of BKID0MG0160
The IFSC code BKID0MG0160 is associated with the Shajapur SHUJALPUR CITY 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 BKID0MG0160 represents Bank of India Bank, while 0MG0160 signifies the unique branch code for SHUJALPUR CITY.
Significance of IFSC Code for Banking Transactions
The importance of the IFSC code, like BKID0MG0160, for the SHUJALPUR CITY 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 BKID0MG0160
The IFSC code BKID0MG0160 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 (BKID0MG0160): 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 "0MG0160" are a unique identifier for the SHUJALPUR CITY 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 (VP SHUJALPUR MANDI): 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 (SHUJALPUR CITY): 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 (+919644665582): A direct line to the branch, this number ensures that customers can reach out for any queries, concerns, or banking assistance.