IFSC Code BKID0MG1520 - Bank of India-DHANPURI-Shahdol

Detail Information
IFSC Code BKID0MG1520
Bank Name Bank of India
Address POSTDHANPURI, BLOCKBURHAR 484114
District Shahdol
State Madhya pradesh
Branch Dhanpuri
Contact +918226013924
Centre Available
IMPS Available
UPI Available
MICR 484653520
RTGS 1
NEFT Not Available
ISO3166 IN-MP
Bankcode BKID

Overview of BKID0MG1520

The IFSC code BKID0MG1520 is associated with the Shahdol DHANPURI Branch of Bank of India. Located in the bustling city of Shahdol, 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 BKID0MG1520 represents Bank of India Bank, while 0MG1520 signifies the unique branch code for DHANPURI.

Significance of IFSC Code for Banking Transactions

The importance of the IFSC code, like BKID0MG1520, for the DHANPURI Branch, cannot be overstated. It acts as an address that identifies both the Bank of India and its specific branch in Shahdol. 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 BKID0MG1520

The IFSC code BKID0MG1520 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 Shahdol. Let's break down the details:

  • IFSC Code (BKID0MG1520): 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 "0MG1520" are a unique identifier for the DHANPURI 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 (POSTDHANPURI, BLOCKBURHAR 484114): This specific address pinpoints the exact location of the branch, ensuring that customers can easily find it for their banking needs.
  • City & State (Shahdol, MADHYA PRADESH): The branch is situated in the heart of Shahdol, the capital city of MADHYA PRADESH. A city known for its [CITY_FEATURES].
  • Branch (DHANPURI): The [AREA_NAME] area in Shahdol is a hub of activity, and the Bank of India branch here caters to both individual and business banking needs.
  • Phone Number (+918226013924): 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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