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Bank of India, NBG MPCG

Here is the IFSC & MICR Codes of Bank of India, NBG MPCG, BHOPAL, MADHYA PRADESH. Also get the latest address, contact number of Bank of India, NBG MPCG.

IFSC Code
BKID000NB34
Branch
NBG MPCG
Address
BANK OF INDIANBG MP CGBANK OF INDIA BUILDING2ND FLOORARERA HILLSJAIL ROADBHOPAL 462011
Bank Code
BKID

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Frequently asked questions

What's the IFSC Code of NBG MPCG, Bank of India?

The IFSC Code of NBG MPCG, Bank of India is BKID000NB34.

What's the Address of NBG MPCG, Bank of India?

The Address of NBG MPCG, Bank of India is BANK OF INDIANBG MP CGBANK OF INDIA BUILDING2ND FLOORARERA HILLSJAIL ROADBHOPAL 462011.

What's the District NBG MPCG, Bank of India falls under?

The District NBG MPCG, Bank of India falls under is BHOPAL.

Definition

What is IFSC Code

IFSC stands for Indian Financial System Code. It is a unique 11-character code assigned by the Reserve Bank of India (RBI) to identify every bank branch participating in the NEFT (National Electronic Funds Transfer) system in India.

The IFSC code is used to facilitate electronic money transfers between banks in India. It is used to identify the sender and receiver bank branches, ensuring that the money is credited to the correct account. The IFSC code is made up of three parts:

  • The first four characters represent the bank code, identifying the bank that the branch belongs to.
  • The fifth character is always a zero, reserved for future use.
  • The last six characters represent the branch code, identifying the specific branch of the bank.

For example, the IFSC code for the State Bank of India's Mumbai Fort branch is SBIN0000300. In this code, "SBIN" is the bank code for State Bank of India, "0" is a reserved character, and "000300" is the branch code for the Mumbai Fort branch.

IFSC codes are used in many types of electronic transactions, including NEFT, RTGS (Real Time Gross Settlement), and IMPS (Immediate Payment Service).