Below are the complete branch details for Bank of India, MPGB KALARIYA branch, located in INDORE, MADHYA PRADESH. The IFSC assigned by the Reserve Bank of India to this branch is BKID0MG0437. Whether you want to transfer money, add a beneficiary, verify a cheque or simply confirm the branch address, you will find authentic, up-to-date information on this page that has been cross-checked against the bank's branch directory and the RBI's master list of participants in the National Electronic Funds Transfer system.
The IFSC code is one of the most frequently asked-for pieces of information when somebody wants to send you money or set up a recurring credit such as a salary, EMI auto-debit or supplier payment. Knowing exactly which IFSC belongs to your branch — in this case BKID0MG0437 for Bank of India – MPGB KALARIYA — saves you from rejected transfers, returned credits and the back-and-forth that follows them.
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, BKID0MG0437 is the IFSC of Bank of India's MPGB KALARIYA branch. The format is fixed: BKID = bank code, 0 = reserved, MG0437 = 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 Kalariya branch in Indore, Madhya Pradesh is part of this network and uses the IFSC code BKID0MG0437 for all electronic settlement.
About the Mpgb Kalariya branch
The Mpgb Kalariya branch of Bank of India is situated at KALARIYA. 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 BKID0MG0437 is used.
Branch details at a glance
| Bank Name | Bank of India |
|---|---|
| Branch | Mpgb Kalariya |
| IFSC Code | BKID0MG0437 |
| MICR Code | Refer to cheque leaf |
| Branch Address | KALARIYA |
| City | Indore |
| District | Indore |
| State | Madhya Pradesh |
| STD Code | 91 |
| Phone | 9826390383 |
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 KALARIYA branch came to be assigned the code BKID0MG0437.
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 BKID0MG0437, money simply cannot be routed to the MPGB KALARIYA branch electronically.
MICR & cheque-truncation details
Cheques drawn on the Mpgb Kalariya branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC BKID0MG0437 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
How to transfer money using IFSC BKID0MG0437
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 BKID0MG0437 across all three.
NEFT to Bank of India, MPGB KALARIYA using IFSC BKID0MG0437
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 BKID0MG0437, and confirm that the system picks up Bank of India – MPGB KALARIYA. 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 KALARIYA
If you need to transfer ₹2 lakh or more in one go to an account at Bank of India's MPGB KALARIYA branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC BKID0MG0437 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 KALARIYA, use IMPS. With IFSC BKID0MG0437 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 BKID0MG0437 for Bank of India – MPGB KALARIYA, 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 – BKID0MG0437 | Yes – BKID0MG0437 | Yes – BKID0MG0437 |
For most retail customers crediting the Mpgb Kalariya 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 KALARIYA branch, the IFSC BKID0MG0437 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 Kalariya branch is mapped to IFSC BKID0MG0437 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 BKID0MG0437.
Banking services available
The Mpgb Kalariya branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 91-9826390383.
- 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 BKID0MG0437
Online banking and IFSC BKID0MG0437
Bank of India customers can register for net banking and the bank's official mobile app once their account at the MPGB KALARIYA 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 BKID0MG0437 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.
Reaching the branch
The Mpgb Kalariya branch sits at KALARIYA. If you are travelling from outside Indore, search for the branch on a maps application using the bank name and locality, or call 91-9826390383 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 BKID0MG0437 and your account number.
Common mistakes to avoid when using IFSC BKID0MG0437
An incorrect IFSC almost always results in a failed transfer or, worse, a credit to the wrong branch. Before you click Confirm on a transfer to Bank of India – MPGB KALARIYA, double-check for these issues:
- Confusing 0 with O. The fifth character of every IFSC is the digit
0, not the letter O. Read carefully. - Spaces or hyphens. Do not put spaces in the IFSC. It is exactly 11 characters:
BKID0MG0437. - Wrong branch. A bank can have dozens of branches in the same city. Make sure you are using the IFSC for the actual branch where the beneficiary holds the account, not just any nearby branch.
- Old IFSC after a merger. If two banks have merged, the IFSC may have been reissued. Always verify with a recent passbook or cheque leaf.
- Copy-paste from chat. Auto-correct on phones can silently change letters in IFSC codes. Type carefully or copy from a trusted source like the cheque book.
Working hours
Branch counters at Mpgb Kalariya 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 BKID0MG0437 continue to work without interruption.
Verifying IFSC BKID0MG0437 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 BKID0MG0437 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 91-9826390383.
- Visiting the bank's official branch locator page.
Branch address & contact
Bank of IndiaMpgb Kalariya Branch
KALARIYA
Indore, Madhya Pradesh
Phone: 91-9826390383
IFSC: BKID0MG0437
Frequently asked questions
Is IFSC BKID0MG0437 the same for all accounts at Mpgb Kalariya branch?
Yes. The IFSC BKID0MG0437 is shared by every account held at Bank of India's Mpgb Kalariya branch. Only the account number changes from customer to customer.
Does Bank of India Mpgb Kalariya branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 91-9826390383 to confirm.
What is the phone number of Bank of India Mpgb Kalariya branch?
You can reach the branch at 91-9826390383 during regular banking hours.
What is the IFSC code of Bank of India Mpgb Kalariya branch?
The IFSC code of Bank of India, Mpgb Kalariya branch is BKID0MG0437. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Where is Bank of India Mpgb Kalariya branch located?
Bank of India's Mpgb Kalariya branch is located at KALARIYA, Indore, Madhya Pradesh.
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 Kalariya branch but serve different purposes.
Final notes
To recap: BKID0MG0437 is the IFSC code of Bank of India, MPGB KALARIYA branch, in INDORE, 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.
