Nexnews
Loading…

NOTIFICATIONS

 
15th May
    Loading…

    IFSC Code of Bank of India, Mpgb Hatta Branch, Madhya Pradesh

    BKID0MG1718 is the IFSC code of Bank of India, Mpgb Hatta Branch in Damoh, Madhya Pradesh. Find branch address, phone, MICR and online transfer details here.

    Use this page as a one-stop reference for everything related to Bank of India's MPGB HATTA branch in DAMOH, MADHYA PRADESH. The branch's IFSC code BKID0MG1718 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.

    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, BKID0MG1718 is the IFSC of Bank of India's MPGB HATTA branch. The format is fixed: BKID = bank code, 0 = reserved, MG1718 = branch identifier.

    Bank profile

    Bank of India is among the recognised banks listed on the Reserve Bank of India's payments network. The Mpgb Hatta branch — IFSC BKID0MG1718 — extends the bank's services to customers in and around Damoh, Madhya Pradesh.

    About the Mpgb Hatta branch

    The Mpgb Hatta branch of Bank of India is situated at DAMOH PANNA RD,HATTA,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 BKID0MG1718 is used.

    Branch details at a glance

    Bank NameBank of India
    BranchMpgb Hatta
    IFSC CodeBKID0MG1718
    MICR CodeRefer to cheque leaf
    Branch AddressDAMOH PANNA RD,HATTA,TEH.HATTA DISTRICT DAMOH 470775
    CityDamoh
    DistrictDamoh
    StateMadhya Pradesh
    STD Code91
    Phone9131716021

    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 HATTA branch came to be assigned the code BKID0MG1718.

    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 BKID0MG1718, money simply cannot be routed to the MPGB HATTA branch electronically.

    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 BKID0MG1718 and the account number together uniquely identify the Mpgb Hatta branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.

    How to transfer money using IFSC BKID0MG1718

    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 BKID0MG1718 across all three.

    NEFT to Bank of India, MPGB HATTA using IFSC BKID0MG1718

    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 BKID0MG1718, and confirm that the system picks up Bank of India – MPGB HATTA. 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 HATTA

    If you need to transfer ₹2 lakh or more in one go to an account at Bank of India's MPGB HATTA branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC BKID0MG1718 while initiating the transfer and the credit will appear within minutes.

    IMPS to Bank of India MPGB HATTA (IFSC BKID0MG1718)

    IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC BKID0MG1718 in your mobile or internet banking app, and the money is credited to the MPGB HATTA branch account within seconds.

    NEFT vs RTGS vs IMPS — which one should you use?

    All three modes accept the IFSC BKID0MG1718 for Bank of India – MPGB HATTA, 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.

    ParameterNEFTRTGSIMPS
    Minimum amount₹1₹2,00,000₹1
    Maximum amountNo RBI capNo RBI cap₹5,00,000
    SettlementHalf-hourly batchesReal-timeReal-time
    Availability24x724x724x7
    Best forRoutine transfersHigh-value transfersUrgent small / mid transfers
    IFSC requiredYes – BKID0MG1718Yes – BKID0MG1718Yes – BKID0MG1718

    For most retail customers crediting the Mpgb Hatta 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 HATTA branch, the IFSC BKID0MG1718 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 Hatta branch

    Once you have an account at Bank of India – MPGB HATTA, the IFSC BKID0MG1718 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 Hatta branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 91-9131716021.

    • 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 BKID0MG1718

    Online banking and IFSC BKID0MG1718

    Bank of India customers can register for net banking and the bank's official mobile app once their account at the MPGB HATTA branch is active. Net banking lets you view balances, download statements, open fixed deposits, request cheque books and initiate NEFT/RTGS/IMPS transfers — all without setting foot in the branch. The IFSC BKID0MG1718 is pre-filled by the bank for transfers originating from your own account, and you only need to enter it manually when adding an external beneficiary or sharing your account details with a third party.

    How to reach the Mpgb Hatta branch

    The branch is located at DAMOH PANNA RD,HATTA,TEH.HATTA DISTRICT DAMOH 470775, which puts it inside Damoh, the broader Damoh district, and the state of Madhya Pradesh. To plan your visit:

    1. Open Google Maps on your phone and search for “Bank of India Mpgb Hatta branch” — the verified location pin for IFSC BKID0MG1718 should appear at the top of the results.
    2. Confirm the branch is open by calling 91-9131716021 before stepping out, especially around public holidays.
    3. 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 BKID0MG1718 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 HATTA:

    • The IFSC is exactly BKID0MG1718 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 HATTA 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 Hatta 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 BKID0MG1718 continue to work without interruption.

    Other ways to verify the IFSC code

    While this page already lists the verified IFSC BKID0MG1718 for Bank of India – MPGB HATTA, 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.

    Branch address & contact

    Bank of India
    Mpgb Hatta Branch
    DAMOH PANNA RD,HATTA,TEH.HATTA DISTRICT DAMOH 470775
    Damoh, Madhya Pradesh
    Phone: 91-9131716021
    IFSC: BKID0MG1718

    Frequently asked questions

    How do I add Bank of India Mpgb Hatta as a beneficiary?

    Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC BKID0MG1718, and complete OTP verification. Once activated, you can transfer funds at any time.

    Is IFSC BKID0MG1718 valid for NEFT and RTGS?

    Yes. IFSC BKID0MG1718 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.

    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 Hatta branch but serve different purposes.

    What is the IFSC code of Bank of India Mpgb Hatta branch?

    The IFSC code of Bank of India, Mpgb Hatta branch is BKID0MG1718. It is used for NEFT, RTGS and IMPS fund transfers to this branch.

    What is the phone number of Bank of India Mpgb Hatta branch?

    You can reach the branch at 91-9131716021 during regular banking hours.

    How quickly will an NEFT transfer using BKID0MG1718 be credited?

    NEFT settles in half-hourly batches around the clock. Most transfers to Bank of India – Mpgb Hatta reflect within 30 minutes.

    Where is Bank of India Mpgb Hatta branch located?

    Bank of India's Mpgb Hatta branch is located at DAMOH PANNA RD,HATTA,TEH.HATTA DISTRICT DAMOH 470775, Damoh, Madhya Pradesh.

    Final notes

    To recap: BKID0MG1718 is the IFSC code of Bank of India, MPGB HATTA 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.

    keyboard_arrow_up