This page lists the IFSC code, branch address, contact number and fund-transfer information for Bank of India, GANDHWANI branch in DHAR. The 11-digit IFSC BKID0008847 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 GANDHWANI 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.
An IFSC (Indian Financial System Code) is an 11-character alphanumeric code issued by the Reserve Bank of India. It uniquely identifies every bank branch that participates in the RBI's electronic fund-transfer systems – NEFT, RTGS and IMPS. The first four characters represent the bank, the fifth is always a zero (reserved for future use), and the last six characters identify the specific branch.
For Bank of India's GANDHWANI branch, the IFSC BKID0008847 breaks down as follows: BKID identifies the bank, 0 is the reserved character, and 008847 identifies this particular branch.
About the bank
Bank of India serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Gandhwani branch in Dhar, Madhya Pradesh is part of this network and uses the IFSC code BKID0008847 for all electronic settlement.
About the Gandhwani branch
The Gandhwani branch of Bank of India is situated at 354 BUS STAND GANDHWANIDISSTT DHAR MP PIN 454350. 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 BKID0008847 is used.
Branch details at a glance
| Bank Name | Bank of India |
|---|---|
| Branch | Gandhwani |
| IFSC Code | BKID0008847 |
| MICR Code | Refer to cheque leaf |
| Branch Address | 354 BUS STAND GANDHWANIDISSTT DHAR MP PIN 454350 |
| City | Dhar |
| District | Dhar |
| State | Madhya Pradesh |
| STD Code | 91 |
| Phone | 9638576589 |
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 GANDHWANI branch came to be assigned the code BKID0008847.
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 BKID0008847, money simply cannot be routed to the GANDHWANI 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 BKID0008847 and the account number together uniquely identify the Gandhwani branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
How to transfer money using IFSC BKID0008847
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 BKID0008847 across all three.
NEFT to Bank of India, GANDHWANI using IFSC BKID0008847
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 BKID0008847, and confirm that the system picks up Bank of India – GANDHWANI. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
Real-Time Gross Settlement to GANDHWANI
If you need to transfer ₹2 lakh or more in one go to an account at Bank of India's GANDHWANI branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC BKID0008847 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 – GANDHWANI, use IMPS. With IFSC BKID0008847 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 BKID0008847 for Bank of India – GANDHWANI, 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 – BKID0008847 | Yes – BKID0008847 | Yes – BKID0008847 |
For most retail customers crediting the Gandhwani 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 GANDHWANI branch, the IFSC BKID0008847 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 Gandhwani branch
Once you have an account at Bank of India – GANDHWANI, the IFSC BKID0008847 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.
Products and services
Customers walking into the Gandhwani branch can access most of Bank of India's standard product suite, including:
- Account opening – savings, current, NRI, salary
- Term deposits and recurring deposits
- Retail and small-business loans
- Insurance and mutual-fund tie-ups
- Locker, safe deposit and ATM card services
- Online and mobile banking activation
- Electronic transfers via IFSC BKID0008847
Digital banking channels
Most day-to-day work that customers used to do at the Gandhwani 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 BKID0008847 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.
How to reach the Gandhwani branch
The branch is located at 354 BUS STAND GANDHWANIDISSTT DHAR MP PIN 454350, which puts it inside Dhar, the broader Dhar district, and the state of Madhya Pradesh. To plan your visit:
- Open Google Maps on your phone and search for “Bank of India Gandhwani branch” — the verified location pin for IFSC BKID0008847 should appear at the top of the results.
- Confirm the branch is open by calling 91-9638576589 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 BKID0008847 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 – GANDHWANI:
- The IFSC is exactly BKID0008847 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 GANDHWANI 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.
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 Gandhwani branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC BKID0008847, however, work 24x7.
Verifying IFSC BKID0008847 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 BKID0008847 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 91-9638576589.
- Visiting the bank's official branch locator page.
Branch address & contact
Bank of IndiaGandhwani Branch
354 BUS STAND GANDHWANIDISSTT DHAR MP PIN 454350
Dhar, Madhya Pradesh
Phone: 91-9638576589
IFSC: BKID0008847
Frequently asked questions
How quickly will an NEFT transfer using BKID0008847 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Bank of India – Gandhwani reflect within 30 minutes.
How do I add Bank of India Gandhwani as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC BKID0008847, and complete OTP verification. Once activated, you can transfer funds at any time.
Is IFSC BKID0008847 the same for all accounts at Gandhwani branch?
Yes. The IFSC BKID0008847 is shared by every account held at Bank of India's Gandhwani branch. Only the account number changes from customer to customer.
What is the IFSC code of Bank of India Gandhwani branch?
The IFSC code of Bank of India, Gandhwani branch is BKID0008847. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Is IFSC BKID0008847 valid for NEFT and RTGS?
Yes. IFSC BKID0008847 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 Gandhwani branch but serve different purposes.
Final notes
To recap: BKID0008847 is the IFSC code of Bank of India, GANDHWANI branch, in DHAR, 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.
