This page lists the IFSC code, branch address, contact number and fund-transfer information for Bank of India, MPGB GAISABAD branch in DAMOH. The 11-digit IFSC BKID0MG1711 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 GAISABAD 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.
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 GAISABAD is BKID0MG1711. The first four letters BKID are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters MG1711 map to this branch in DAMOH, MADHYA PRADESH.
Branch details at a glance
| Bank Name | Bank of India |
|---|---|
| Branch | Mpgb Gaisabad |
| IFSC Code | BKID0MG1711 |
| MICR Code | Refer to cheque leaf |
| Branch Address | DAMOH TO PANNA RD,GAISABAD,TEH.HATTA DISTRICT DAMOH 470775 |
| City | Damoh |
| District | Damoh |
| State | Madhya Pradesh |
| STD Code | 91 |
| Phone | 7693001459 |
Bank profile
Bank of India is among the recognised banks listed on the Reserve Bank of India's payments network. The Mpgb Gaisabad branch — IFSC BKID0MG1711 — extends the bank's services to customers in and around Damoh, Madhya Pradesh.
About the Mpgb Gaisabad branch
The Mpgb Gaisabad branch of Bank of India is situated at DAMOH TO PANNA RD,GAISABAD,TEH.HATTA DISTRICT DAMOH 470775. 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 BKID0MG1711 is used.
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 GAISABAD branch came to be assigned the code BKID0MG1711.
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 BKID0MG1711, money simply cannot be routed to the MPGB GAISABAD branch electronically.
How to transfer money using IFSC BKID0MG1711
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 BKID0MG1711 across all three.
NEFT to Bank of India, MPGB GAISABAD using IFSC BKID0MG1711
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 BKID0MG1711, and confirm that the system picks up Bank of India – MPGB GAISABAD. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
Real-Time Gross Settlement to MPGB GAISABAD
If you need to transfer ₹2 lakh or more in one go to an account at Bank of India's MPGB GAISABAD branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC BKID0MG1711 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 GAISABAD, use IMPS. With IFSC BKID0MG1711 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 BKID0MG1711 for Bank of India – MPGB GAISABAD, 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 – BKID0MG1711 | Yes – BKID0MG1711 | Yes – BKID0MG1711 |
For most retail customers crediting the Mpgb Gaisabad 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.
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 GAISABAD branch, the IFSC BKID0MG1711 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.
Account types you can open at the Mpgb Gaisabad branch
Once you have an account at Bank of India – MPGB GAISABAD, the IFSC BKID0MG1711 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 Gaisabad branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 91-7693001459.
- 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 BKID0MG1711
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 BKID0MG1711 and the account number together uniquely identify the Mpgb Gaisabad 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 Gaisabad 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 BKID0MG1711 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 GAISABAD:
- The IFSC is exactly BKID0MG1711 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 GAISABAD 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 Gaisabad branch
The branch is located at DAMOH TO PANNA RD,GAISABAD,TEH.HATTA DISTRICT DAMOH 470775, which puts it inside Damoh, the broader Damoh district, and the state of Madhya Pradesh. To plan your visit:
- Open Google Maps on your phone and search for “Bank of India Mpgb Gaisabad branch” — the verified location pin for IFSC BKID0MG1711 should appear at the top of the results.
- Confirm the branch is open by calling 91-7693001459 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 BKID0MG1711 and your account number.
Verifying IFSC BKID0MG1711 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 BKID0MG1711 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 91-7693001459.
- Visiting the bank's official branch locator page.
Working hours
Branch counters at Mpgb Gaisabad 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 BKID0MG1711 continue to work without interruption.
Branch address & contact
Bank of IndiaMpgb Gaisabad Branch
DAMOH TO PANNA RD,GAISABAD,TEH.HATTA DISTRICT DAMOH 470775
Damoh, Madhya Pradesh
Phone: 91-7693001459
IFSC: BKID0MG1711
Frequently asked questions
How quickly will an NEFT transfer using BKID0MG1711 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Bank of India – Mpgb Gaisabad reflect within 30 minutes.
Does Bank of India Mpgb Gaisabad branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 91-7693001459 to confirm.
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 Gaisabad branch but serve different purposes.
How do I add Bank of India Mpgb Gaisabad as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC BKID0MG1711, and complete OTP verification. Once activated, you can transfer funds at any time.
Is IFSC BKID0MG1711 valid for NEFT and RTGS?
Yes. IFSC BKID0MG1711 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Where is Bank of India Mpgb Gaisabad branch located?
Bank of India's Mpgb Gaisabad branch is located at DAMOH TO PANNA RD,GAISABAD,TEH.HATTA DISTRICT DAMOH 470775, Damoh, Madhya Pradesh.
Is IFSC BKID0MG1711 the same for all accounts at Mpgb Gaisabad branch?
Yes. The IFSC BKID0MG1711 is shared by every account held at Bank of India's Mpgb Gaisabad branch. Only the account number changes from customer to customer.
Final notes
To recap: BKID0MG1711 is the IFSC code of Bank of India, MPGB GAISABAD branch, in DAMOH, 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.
