This page lists the IFSC code, branch address, contact number and fund-transfer information for Bank of India, MPGB KUNDANPUR branch in JHABUA. The 11-digit IFSC BKID0MG5034 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 KUNDANPUR 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.
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, BKID0MG5034 is the IFSC of Bank of India's MPGB KUNDANPUR branch. The format is fixed: BKID = bank code, 0 = reserved, MG5034 = branch identifier.
Bank profile
Bank of India is among the recognised banks listed on the Reserve Bank of India's payments network. The Mpgb Kundanpur branch — IFSC BKID0MG5034 — extends the bank's services to customers in and around Jhabua, Madhya Pradesh.
Branch details at a glance
| Bank Name | Bank of India |
|---|---|
| Branch | Mpgb Kundanpur |
| IFSC Code | BKID0MG5034 |
| MICR Code | Refer to cheque leaf |
| Branch Address | RANAPUR ROADKUNDANPUR |
| City | Jhabua |
| District | Jhabua |
| State | Madhya Pradesh |
| STD Code | 91 |
| Phone | 7747019538 |
About this branch
The branch is located at RANAPUR ROADKUNDANPUR. It serves the Jhabua region and is connected to the bank's core banking platform, which means transactions initiated here are instantly visible across all other branches of Bank of India. The IFSC BKID0MG5034 is used to identify this branch on the RBI payments network.
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 KUNDANPUR of Bank of India — its own 11-character IFSC. The code BKID0MG5034 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 BKID0MG5034 the same way you would treat your account number — verify it once and save it carefully for future use.
Products and account variants supported
Every account opened at the Mpgb Kundanpur branch is mapped to IFSC BKID0MG5034 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 BKID0MG5034.
Banking services available
The Mpgb Kundanpur branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 91-7747019538.
- 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 BKID0MG5034
How to transfer money using IFSC BKID0MG5034
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 BKID0MG5034 across all three.
NEFT to Bank of India, MPGB KUNDANPUR using IFSC BKID0MG5034
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 BKID0MG5034, and confirm that the system picks up Bank of India – MPGB KUNDANPUR. 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 KUNDANPUR
If you need to transfer ₹2 lakh or more in one go to an account at Bank of India's MPGB KUNDANPUR branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC BKID0MG5034 while initiating the transfer and the credit will appear within minutes.
IMPS to Bank of India MPGB KUNDANPUR (IFSC BKID0MG5034)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC BKID0MG5034 in your mobile or internet banking app, and the money is credited to the MPGB KUNDANPUR branch account within seconds.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC BKID0MG5034 for Bank of India – MPGB KUNDANPUR, 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 – BKID0MG5034 | Yes – BKID0MG5034 | Yes – BKID0MG5034 |
For most retail customers crediting the Mpgb Kundanpur 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 KUNDANPUR branch, the IFSC BKID0MG5034 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.
Online banking and IFSC BKID0MG5034
Bank of India customers can register for net banking and the bank's official mobile app once their account at the MPGB KUNDANPUR 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 BKID0MG5034 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.
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 BKID0MG5034 and the account number together uniquely identify the Mpgb Kundanpur branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
Common mistakes to avoid when using IFSC BKID0MG5034
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 KUNDANPUR, 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:
BKID0MG5034. - 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.
Reaching the branch
The Mpgb Kundanpur branch sits at RANAPUR ROADKUNDANPUR. If you are travelling from outside Jhabua, search for the branch on a maps application using the bank name and locality, or call 91-7747019538 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 BKID0MG5034 and your account number.
Verifying IFSC BKID0MG5034 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 BKID0MG5034 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 91-7747019538.
- 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 Kundanpur branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC BKID0MG5034, however, work 24x7.
Branch address & contact
Bank of IndiaMpgb Kundanpur Branch
RANAPUR ROADKUNDANPUR
Jhabua, Madhya Pradesh
Phone: 91-7747019538
IFSC: BKID0MG5034
Frequently asked questions
How quickly will an NEFT transfer using BKID0MG5034 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Bank of India – Mpgb Kundanpur reflect within 30 minutes.
Can I use IFSC BKID0MG5034 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC BKID0MG5034 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 Kundanpur branch but serve different purposes.
Where is Bank of India Mpgb Kundanpur branch located?
Bank of India's Mpgb Kundanpur branch is located at RANAPUR ROADKUNDANPUR, Jhabua, Madhya Pradesh.
Is IFSC BKID0MG5034 the same for all accounts at Mpgb Kundanpur branch?
Yes. The IFSC BKID0MG5034 is shared by every account held at Bank of India's Mpgb Kundanpur branch. Only the account number changes from customer to customer.
Does Bank of India Mpgb Kundanpur branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 91-7747019538 to confirm.
How do I add Bank of India Mpgb Kundanpur as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC BKID0MG5034, and complete OTP verification. Once activated, you can transfer funds at any time.
Final notes
To recap: BKID0MG5034 is the IFSC code of Bank of India, MPGB KUNDANPUR branch, in JHABUA, 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.
