This page lists the IFSC code, branch address, contact number and fund-transfer information for Bank of India, MPGB GADHI branch in BALAGHAT. The 11-digit IFSC BKID0MG1303 uniquely identifies this branch in the RBI's centralised payments network and is required for every NEFT, RTGS or IMPS transaction routed to this branch. If you are paying somebody who banks with Bank of India at the MPGB GADHI location, this is the only IFSC you need.
We have organised this page into clearly labelled sections so you can jump straight to the part that interests you — the IFSC and MICR details, the full postal address, the contact phone number, a quick primer on NEFT, RTGS and IMPS, the typical product line-up at the branch, and a frequently asked questions section that addresses the queries people raise most often about this branch.
IFSC stands for Indian Financial System Code. It is an 11-character code that pinpoints a particular bank branch on the RBI's real-time payment rails. Every NEFT, RTGS or IMPS instruction must carry the destination branch's IFSC for the credit to land in the correct account.
In our case, BKID0MG1303 is the IFSC of Bank of India's MPGB GADHI branch. The format is fixed: BKID = bank code, 0 = reserved, MG1303 = branch identifier.
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 Gadhi branch in Balaghat, Madhya Pradesh is part of this network and uses the IFSC code BKID0MG1303 for all electronic settlement.
About the Mpgb Gadhi branch
The Mpgb Gadhi branch of Bank of India is situated at POSTGADHI TAHSILBAI. Customers visiting this branch can complete cash deposits, withdrawals, demand draft requests, cheque clearing, passbook updates and KYC formalities. For online transactions to or from this branch, the IFSC code BKID0MG1303 is used.
Branch details at a glance
| Bank Name | Bank of India |
|---|---|
| Branch | Mpgb Gadhi |
| IFSC Code | BKID0MG1303 |
| MICR Code | Refer to cheque leaf |
| Branch Address | POSTGADHI TAHSILBAI |
| City | Balaghat |
| District | Balaghat |
| State | Madhya Pradesh |
| STD Code | 91 |
| Phone | 8226010155 |
Why every Bank of India branch has a unique IFSC
Before electronic settlement systems went live in India, money transfers between banks relied heavily on demand drafts, mail transfers and telegraphic transfers. These older instruments routinely took days to clear and were prone to misrouting because there was no single machine-readable identifier for a branch. The Reserve Bank of India solved this by issuing each participating branch — including MPGB GADHI of Bank of India — its own 11-character IFSC. The code BKID0MG1303 is therefore not just an internal reference; it is the digital postcode that lets the RBI's NEFT, RTGS and IMPS rails route funds straight to the right branch ledger without any human intervention.
Today, almost every salary credit, vendor payment, refund and EMI deduction in the country flows through this network, which is exactly why a correct IFSC matters so much. A wrong character can either bounce the transfer or send it to the wrong branch, and reversing such a credit is a manual, time-consuming process. Treat IFSC BKID0MG1303 the same way you would treat your account number — verify it once and save it carefully for future use.
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 BKID0MG1303 and the account number together uniquely identify the Mpgb Gadhi branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
How to transfer money using IFSC BKID0MG1303
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 BKID0MG1303 across all three.
How to use IFSC BKID0MG1303 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Bank of India's MPGB GADHI 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 BKID0MG1303.
- Confirm the bank name auto-populates as Bank of India and the branch as MPGB GADHI.
- 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 GADHI
If you need to transfer ₹2 lakh or more in one go to an account at Bank of India's MPGB GADHI branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC BKID0MG1303 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 GADHI, use IMPS. With IFSC BKID0MG1303 and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.
Comparing NEFT, RTGS and IMPS for transfers to Mpgb Gadhi
The right transfer rail depends on how urgent the payment is, how large it is, and whether the receiving bank participates in the chosen scheme. Every option below works with the IFSC BKID0MG1303:
- NEFT — best for everyday transfers of any amount; settles in half-hourly batches around the clock.
- RTGS — best for transfers of ₹2 lakh and above; settles each transaction individually in real time.
- IMPS — best when speed matters more than batch scheduling; instant credit up to ₹5 lakh.
- UPI — best for small peer-to-peer payments using a VPA; the underlying account at MPGB GADHI is still linked to IFSC BKID0MG1303.
For salary credits, vendor payouts and refunds, employers and merchants usually default to NEFT because of its zero per-transaction cost for retail customers and its 24x7 availability.
How UPI relates to the IFSC code
UPI lets you pay using a short Virtual Payment Address instead of typing the IFSC every time, but behind the scenes every UPI mandate is mapped to an account number plus an IFSC. For accounts at Bank of India's MPGB GADHI branch, the IFSC BKID0MG1303 is what the National Payments Corporation of India (NPCI) uses to route the credit when you tap Pay on a UPI app.
That is why, even in the UPI era, it is still worth knowing the IFSC of your home branch — for failed UPI mandates, e-mandate set-ups, third-party platform onboarding and salary or refund credits.
Products and account variants supported
Every account opened at the Mpgb Gadhi branch is mapped to IFSC BKID0MG1303 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 BKID0MG1303.
Banking services available
The Mpgb Gadhi branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 91-8226010155.
- 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 BKID0MG1303
Digital banking channels
Most day-to-day work that customers used to do at the Mpgb Gadhi 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 BKID0MG1303 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.
Reaching the branch
The Mpgb Gadhi branch sits at POSTGADHI TAHSILBAI. If you are travelling from outside Balaghat, search for the branch on a maps application using the bank name and locality, or call 91-8226010155 to ask for landmarks. Many customers find it easier to skip the trip altogether: net banking, mobile apps, NEFT, RTGS, IMPS and UPI all work using the IFSC BKID0MG1303 and your account number.
Things to verify before sending money
Banking errors are usually small typos that snowball into delayed credits and customer-care follow-ups. Use this short checklist before you confirm any transfer to Bank of India – MPGB GADHI:
- The IFSC is exactly BKID0MG1303 with no extra spaces.
- The beneficiary's account number matches what they shared, digit for digit.
- The portal auto-fills Bank of India as the bank name and MPGB GADHI as the branch.
- The amount and the purpose of payment are correct.
- You have a valid OTP-verifying mobile number on hand.
A 30-second review here saves hours of reconciliation later.
Working hours
Branch counters at Mpgb Gadhi 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 BKID0MG1303 continue to work without interruption.
Verifying IFSC BKID0MG1303 from official sources
The IFSC listed on this page is sourced from the RBI's master list and validated against the bank's branch directory. To double-check before transferring large sums, you can also confirm BKID0MG1303 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 91-8226010155.
- Visiting the bank's official branch locator page.
Branch address & contact
Bank of IndiaMpgb Gadhi Branch
POSTGADHI TAHSILBAI
Balaghat, Madhya Pradesh
Phone: 91-8226010155
IFSC: BKID0MG1303
Frequently asked questions
What is the phone number of Bank of India Mpgb Gadhi branch?
You can reach the branch at 91-8226010155 during regular banking hours.
How quickly will an NEFT transfer using BKID0MG1303 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Bank of India – Mpgb Gadhi reflect within 30 minutes.
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 Gadhi branch but serve different purposes.
Is IFSC BKID0MG1303 the same for all accounts at Mpgb Gadhi branch?
Yes. The IFSC BKID0MG1303 is shared by every account held at Bank of India's Mpgb Gadhi branch. Only the account number changes from customer to customer.
What is the IFSC code of Bank of India Mpgb Gadhi branch?
The IFSC code of Bank of India, Mpgb Gadhi branch is BKID0MG1303. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Does Bank of India Mpgb Gadhi branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 91-8226010155 to confirm.
Final notes
To recap: BKID0MG1303 is the IFSC code of Bank of India, MPGB GADHI branch, in BALAGHAT, 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.
