Use this page as a one-stop reference for everything related to Bank of India's MPGB MAHARAJPUR branch in CHHATARPUR, MADHYA PRADESH. The branch's IFSC code BKID0MG2122 is the key identifier you need whenever a remitter, employer or biller asks for a bank routing number to send funds to an account held at this branch. We have also included the branch's postal address, telephone number, banking hours, common services, and an extensive FAQ block that should answer almost every question that comes up when you are about to add this branch as a beneficiary in your net-banking app for the first time.
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 MAHARAJPUR is BKID0MG2122. The first four letters BKID are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters MG2122 map to this branch in CHHATARPUR, MADHYA PRADESH.
Branch details at a glance
| Bank Name | Bank of India |
|---|---|
| Branch | Mpgb Maharajpur |
| IFSC Code | BKID0MG2122 |
| MICR Code | Refer to cheque leaf |
| Branch Address | 518,TOWN RD,MADANPURA,MAHARAJPUR,THE CHHATARPUR DISTRICT CHHATARPUR 471501 |
| City | Chhatarpur |
| District | Chhatarpur |
| State | Madhya Pradesh |
| STD Code | 91 |
| Phone | 9340451238 |
Bank profile
Bank of India is among the recognised banks listed on the Reserve Bank of India's payments network. The Mpgb Maharajpur branch — IFSC BKID0MG2122 — extends the bank's services to customers in and around Chhatarpur, Madhya Pradesh.
About the Mpgb Maharajpur branch
The Mpgb Maharajpur branch of Bank of India is situated at 518,TOWN RD,MADANPURA,MAHARAJPUR,THE CHHATARPUR DISTRICT CHHATARPUR 471501. 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 BKID0MG2122 is used.
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 MAHARAJPUR of Bank of India — its own 11-character IFSC. The code BKID0MG2122 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 BKID0MG2122 the same way you would treat your account number — verify it once and save it carefully for future use.
How to transfer money using IFSC BKID0MG2122
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 BKID0MG2122 across all three.
NEFT to Bank of India, MPGB MAHARAJPUR using IFSC BKID0MG2122
National Electronic Funds Transfer is the simplest way to move money into an account at this branch. NEFT works around the clock, including Sundays and public holidays, and settles in half-hourly batches.
To send funds, add the recipient as a beneficiary in your bank's online portal, key in the account number, paste the IFSC BKID0MG2122, and confirm that the system picks up Bank of India – MPGB MAHARAJPUR. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
RTGS transfers via IFSC BKID0MG2122
RTGS (Real-Time Gross Settlement) is the fastest high-value transfer mechanism in India. It is meant for transfers of ₹2 lakh and above and settles each transaction individually and instantly. To remit through RTGS to Bank of India – MPGB MAHARAJPUR, ensure your bank's portal accepts IFSC BKID0MG2122 while registering the beneficiary. RTGS is also available 24x7.
IMPS to Bank of India MPGB MAHARAJPUR (IFSC BKID0MG2122)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC BKID0MG2122 in your mobile or internet banking app, and the money is credited to the MPGB MAHARAJPUR branch account within seconds.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC BKID0MG2122 for Bank of India – MPGB MAHARAJPUR, 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 – BKID0MG2122 | Yes – BKID0MG2122 | Yes – BKID0MG2122 |
For most retail customers crediting the Mpgb Maharajpur 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 BKID0MG2122
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 MAHARAJPUR is still mapped to IFSC BKID0MG2122. 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 BKID0MG2122 and the beneficiary's account number to complete the transfer.
Account types you can open at the Mpgb Maharajpur branch
Once you have an account at Bank of India – MPGB MAHARAJPUR, the IFSC BKID0MG2122 stays the same regardless of the type of account you hold. The branch typically supports the following options:
- Savings account — for individuals, with chequebook, ATM card and net-banking access.
- Current account — for sole proprietors, partnerships and companies that need higher transaction volumes.
- Salary account — opened in bulk for corporate employees, often with zero-balance benefits.
- NRE / NRO accounts — for non-resident Indians who want to repatriate or maintain rupee balances in India.
- Fixed deposit and recurring deposit — term-based investment accounts with quarterly or cumulative interest.
- Senior citizen accounts — concessional minimum balance and a small interest rate premium on FDs.
- Minor and student accounts — operated jointly with a guardian until the customer turns 18.
Eligibility, minimum balance and KYC requirements vary by product. Speak to a relationship officer at the branch for the latest schedule of charges and interest rates.
Banking services available
The Mpgb Maharajpur branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 91-9340451238.
- 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 BKID0MG2122
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 BKID0MG2122 and the account number together uniquely identify the Mpgb Maharajpur branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
Digital banking channels
Most day-to-day work that customers used to do at the Mpgb Maharajpur 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 BKID0MG2122 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.
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 MAHARAJPUR:
- The IFSC is exactly BKID0MG2122 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 MAHARAJPUR 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.
How to reach the Mpgb Maharajpur branch
The branch is located at 518,TOWN RD,MADANPURA,MAHARAJPUR,THE CHHATARPUR DISTRICT CHHATARPUR 471501, which puts it inside Chhatarpur, the broader Chhatarpur district, and the state of Madhya Pradesh. To plan your visit:
- Open Google Maps on your phone and search for “Bank of India Mpgb Maharajpur branch” — the verified location pin for IFSC BKID0MG2122 should appear at the top of the results.
- Confirm the branch is open by calling 91-9340451238 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 BKID0MG2122 and your account number.
Verifying IFSC BKID0MG2122 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 BKID0MG2122 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 91-9340451238.
- Visiting the bank's official branch locator page.
Branch banking hours and holidays
Indian bank branches typically operate from 10:00 AM to 4:00 PM, Monday to Friday, and from 10:00 AM to 2:00 PM on working Saturdays (usually the 1st, 3rd and 5th Saturdays). The Mpgb Maharajpur branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC BKID0MG2122, however, work 24x7.
Branch address & contact
Bank of IndiaMpgb Maharajpur Branch
518,TOWN RD,MADANPURA,MAHARAJPUR,THE CHHATARPUR DISTRICT CHHATARPUR 471501
Chhatarpur, Madhya Pradesh
Phone: 91-9340451238
IFSC: BKID0MG2122
Frequently asked questions
Where is Bank of India Mpgb Maharajpur branch located?
Bank of India's Mpgb Maharajpur branch is located at 518,TOWN RD,MADANPURA,MAHARAJPUR,THE CHHATARPUR DISTRICT CHHATARPUR 471501, Chhatarpur, Madhya Pradesh.
Is IFSC BKID0MG2122 valid for NEFT and RTGS?
Yes. IFSC BKID0MG2122 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
What is the phone number of Bank of India Mpgb Maharajpur branch?
You can reach the branch at 91-9340451238 during regular banking hours.
How quickly will an NEFT transfer using BKID0MG2122 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Bank of India – Mpgb Maharajpur reflect within 30 minutes.
Can I use IFSC BKID0MG2122 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC BKID0MG2122 to send funds instantly.
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 Maharajpur branch but serve different purposes.
How do I add Bank of India Mpgb Maharajpur as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC BKID0MG2122, and complete OTP verification. Once activated, you can transfer funds at any time.
Summary
The IFSC code BKID0MG2122 belongs to Bank of India's MPGB MAHARAJPUR branch, located at 518,TOWN RD,MADANPURA,MAHARAJPUR,THE CHHATARPUR DISTRICT CHHATARPUR 471501 in CHHATARPUR, MADHYA PRADESH. Use this code along with the beneficiary's account number for any NEFT, RTGS or IMPS transfer to this branch. Bookmark this page for quick reference whenever you need the branch's banking details.
