If you are searching for the IFSC code of Bank of India, MPGB AGAR MALWA branch in AGAR MALWA, MADHYA PRADESH, this page has every detail you need. The verified IFSC code for this branch is BKID0MG0154. You can use it for NEFT, RTGS and IMPS fund transfers, online banking add-payee actions, UPI mandates and any other electronic payment request that asks for an Indian Financial System Code. The information on this page is curated specifically for customers, remitters, employers and businesses who need to credit funds to an account maintained at this branch, and it is structured so you can find what you need within a few seconds of landing here.
You will see the complete branch address, the area STD code and phone number, the city and state, the day-to-day banking services that are typically offered at the MPGB AGAR MALWA branch, and detailed step-by-step guides for using the IFSC BKID0MG0154 across NEFT, RTGS and IMPS rails. A frequently-asked-questions section at the end answers the most common queries we receive about this particular branch.
The Indian Financial System Code, popularly known as IFSC, is an 11-digit alphanumeric code that the RBI assigns to every bank branch participating in online interbank settlement. Without this code, an electronic transfer simply cannot reach its destination branch.
The IFSC for Bank of India – MPGB AGAR MALWA is BKID0MG0154. The first four letters BKID are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters MG0154 map to this branch in AGAR MALWA, MADHYA PRADESH.
About the bank
Bank of India serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Mpgb Agar Malwa branch in Agar Malwa, Madhya Pradesh is part of this network and uses the IFSC code BKID0MG0154 for all electronic settlement.
Branch details at a glance
| Bank Name | Bank of India |
|---|---|
| Branch | Mpgb Agar Malwa |
| IFSC Code | BKID0MG0154 |
| MICR Code | Refer to cheque leaf |
| Branch Address | AGAR MALWA |
| City | Agar Malwa |
| District | Agar Malwa |
| State | Madhya Pradesh |
| STD Code | 91 |
| Phone | 9424870633 |
About this branch
The branch is located at AGAR MALWA. It serves the Agar Malwa region and is connected to the bank's core banking platform, which means transactions initiated here are instantly visible across all other branches of Bank of India. The IFSC BKID0MG0154 is used to identify this branch on the RBI payments network.
The role of IFSC in India's payments network
India's electronic payment infrastructure — NEFT, RTGS, IMPS, UPI and the National Automated Clearing House (NACH) — is built on a single principle: every participating bank branch must be uniquely identifiable by an alphanumeric code. The Reserve Bank of India introduced the IFSC system to fulfil this requirement, and that is how Bank of India's MPGB AGAR MALWA branch came to be assigned the code BKID0MG0154.
Whether you are receiving a salary on the first of the month, paying a vendor invoice, settling an EMI, or accepting a refund from an e-commerce platform, the IFSC is the silent piece of metadata that tells the network where your account lives. Without IFSC BKID0MG0154, money simply cannot be routed to the MPGB AGAR MALWA branch electronically.
Products and account variants supported
Every account opened at the Mpgb Agar Malwa branch is mapped to IFSC BKID0MG0154 on the RBI payments network. The branch generally supports the full retail product catalogue of Bank of India, including:
- Resident savings accounts and salary accounts
- Current accounts for businesses and professionals
- Fixed deposits, recurring deposits and tax-saver deposits
- Demand drafts, banker's cheques and pay orders
- Retail loans — personal, vehicle, education, gold and home
- Credit cards and overdraft facilities (subject to eligibility)
- Third-party investment products such as mutual funds and insurance (through tie-ups)
Whichever product you choose, the IFSC for incoming credits remains BKID0MG0154.
Banking services available
The Mpgb Agar Malwa branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 91-9424870633.
- Savings, current and salary accounts
- Fixed deposits and recurring deposits
- Personal, vehicle and home loans
- Demat and investment products (where supported)
- Internet banking and mobile banking enrolment
- Debit and credit card issuance
- Locker facilities (subject to availability)
- Foreign exchange services (at authorised branches)
- Bill payments, demand drafts and pay orders
- NEFT / RTGS / IMPS / UPI fund transfers using IFSC BKID0MG0154
How to transfer money using IFSC BKID0MG0154
Online transfers in India are powered by three major channels — NEFT, RTGS and IMPS — and each one requires a destination IFSC. Below is a quick guide for using IFSC BKID0MG0154 across all three.
How to use IFSC BKID0MG0154 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Bank of India's MPGB AGAR MALWA branch. NEFT now settles on a 24x7 basis in half-hourly batches and has no upper limit for retail customers (individual banks may impose their own caps).
- Log in to your internet banking or mobile banking app.
- Choose Add Beneficiary and select NEFT / Other Bank.
- Enter the beneficiary name, account number and the IFSC BKID0MG0154.
- Confirm the bank name auto-populates as Bank of India and the branch as MPGB AGAR MALWA.
- Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.
Real-Time Gross Settlement to MPGB AGAR MALWA
If you need to transfer ₹2 lakh or more in one go to an account at Bank of India's MPGB AGAR MALWA branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC BKID0MG0154 while initiating the transfer and the credit will appear within minutes.
Send money instantly through IMPS
For a real-time, anytime transfer to Bank of India – MPGB AGAR MALWA, use IMPS. With IFSC BKID0MG0154 and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC BKID0MG0154 for Bank of India – MPGB AGAR MALWA, but they differ in speed, minimum amount and use case. The table below summarises the differences so you can pick the right channel for the situation at hand.
| Parameter | NEFT | RTGS | IMPS |
|---|---|---|---|
| Minimum amount | ₹1 | ₹2,00,000 | ₹1 |
| Maximum amount | No RBI cap | No RBI cap | ₹5,00,000 |
| Settlement | Half-hourly batches | Real-time | Real-time |
| Availability | 24x7 | 24x7 | 24x7 |
| Best for | Routine transfers | High-value transfers | Urgent small / mid transfers |
| IFSC required | Yes – BKID0MG0154 | Yes – BKID0MG0154 | Yes – BKID0MG0154 |
For most retail customers crediting the Mpgb Agar Malwa branch, NEFT or IMPS will be the quickest and most economical option. RTGS comes in for one-off, high-value movements such as property purchases, vendor settlements or large gifts.
UPI payments and IFSC BKID0MG0154
UPI (Unified Payments Interface) has become the default way for individuals to send money in India. While most UPI transactions are addressed using a Virtual Payment Address (VPA) like name@bank, the underlying account at Bank of India – MPGB AGAR MALWA is still mapped to IFSC BKID0MG0154. When a customer links a savings or current account to a UPI app for the first time, the app silently looks up this IFSC against the account number to verify the account exists. The VPA acts as a friendly alias on top of the same plumbing.
If a UPI transfer to or from this branch fails, the most common reasons are an inactive UPI handle, a daily limit breach or a temporary outage at one of the participating banks — not the IFSC. You can always fall back to NEFT or IMPS using the IFSC BKID0MG0154 and the beneficiary's account number to complete the transfer.
Digital banking channels
Most day-to-day work that customers used to do at the Mpgb Agar Malwa branch counter can now be completed digitally — adding a beneficiary, transferring funds, applying for a fixed deposit, raising a service request or downloading account statements. The IFSC BKID0MG0154 is the link between the digital channel and the branch ledger; once a transaction is confirmed, the credit or debit is reflected in the same core banking system that the branch officers see.
MICR code & cheque clearing
Apart from IFSC, every cheque book issued by Bank of India carries a 9-digit MICR (Magnetic Ink Character Recognition) code that is read by cheque-sorting machines. The MICR code, the IFSC BKID0MG0154 and the account number together uniquely identify the Mpgb Agar Malwa branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
Common mistakes to avoid when using IFSC BKID0MG0154
An incorrect IFSC almost always results in a failed transfer or, worse, a credit to the wrong branch. Before you click Confirm on a transfer to Bank of India – MPGB AGAR MALWA, double-check for these issues:
- Confusing 0 with O. The fifth character of every IFSC is the digit
0, not the letter O. Read carefully. - Spaces or hyphens. Do not put spaces in the IFSC. It is exactly 11 characters:
BKID0MG0154. - Wrong branch. A bank can have dozens of branches in the same city. Make sure you are using the IFSC for the actual branch where the beneficiary holds the account, not just any nearby branch.
- Old IFSC after a merger. If two banks have merged, the IFSC may have been reissued. Always verify with a recent passbook or cheque leaf.
- Copy-paste from chat. Auto-correct on phones can silently change letters in IFSC codes. Type carefully or copy from a trusted source like the cheque book.
How to reach the Mpgb Agar Malwa branch
The branch is located at AGAR MALWA, which puts it inside Agar Malwa, the broader Agar Malwa district, and the state of Madhya Pradesh. To plan your visit:
- Open Google Maps on your phone and search for “Bank of India Mpgb Agar Malwa branch” — the verified location pin for IFSC BKID0MG0154 should appear at the top of the results.
- Confirm the branch is open by calling 91-9424870633 before stepping out, especially around public holidays.
- Carry photo ID and any account-related documents you may need for the transaction you plan to do.
Most banking work — passbook updates, fund transfers, statement downloads — can also be completed online without visiting the branch in person, as long as you know the IFSC BKID0MG0154 and your account number.
Other ways to verify the IFSC code
While this page already lists the verified IFSC BKID0MG0154 for Bank of India – MPGB AGAR MALWA, you can cross-check the code from any of these sources before initiating a high-value transfer:
- The front of the cheque book issued by the branch – the IFSC is printed at the top of every leaf.
- The first page of your passbook.
- The bank's official website under the branch locator.
- The Reserve Bank of India's IFSC search portal.
- Net banking dashboards usually display the home-branch IFSC under account details.
Working hours
Branch counters at Mpgb Agar Malwa are usually open from 10 AM to 4 PM on weekdays. Saturdays follow the RBI's alternate-Saturday rule. Even when the branch is closed, NEFT, RTGS, IMPS and UPI transfers addressed to BKID0MG0154 continue to work without interruption.
Branch address & contact
Bank of IndiaMpgb Agar Malwa Branch
AGAR MALWA
Agar Malwa, Madhya Pradesh
Phone: 91-9424870633
IFSC: BKID0MG0154
Frequently asked questions
What is the difference between IFSC and MICR code?
IFSC is an 11-character alphanumeric code used for online transfers, while MICR is a 9-digit numeric code printed on cheques and used by cheque-clearing machines. Both identify the Mpgb Agar Malwa branch but serve different purposes.
How do I add Bank of India Mpgb Agar Malwa as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC BKID0MG0154, and complete OTP verification. Once activated, you can transfer funds at any time.
Is IFSC BKID0MG0154 the same for all accounts at Mpgb Agar Malwa branch?
Yes. The IFSC BKID0MG0154 is shared by every account held at Bank of India's Mpgb Agar Malwa branch. Only the account number changes from customer to customer.
How quickly will an NEFT transfer using BKID0MG0154 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Bank of India – Mpgb Agar Malwa reflect within 30 minutes.
What is the IFSC code of Bank of India Mpgb Agar Malwa branch?
The IFSC code of Bank of India, Mpgb Agar Malwa branch is BKID0MG0154. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Can I use IFSC BKID0MG0154 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC BKID0MG0154 to send funds instantly.
Where is Bank of India Mpgb Agar Malwa branch located?
Bank of India's Mpgb Agar Malwa branch is located at AGAR MALWA, Agar Malwa, Madhya Pradesh.
What is the phone number of Bank of India Mpgb Agar Malwa branch?
You can reach the branch at 91-9424870633 during regular banking hours.
Final notes
To recap: BKID0MG0154 is the IFSC code of Bank of India, MPGB AGAR MALWA branch, in AGAR MALWA, MADHYA PRADESH. It is required for every electronic transfer to an account held at this branch. We keep this page updated with the latest address and contact details, so you can rely on the information here for your day-to-day banking needs.
