If you are searching for the IFSC code of Bank of India, MPGB ARUD branch in KHANDWA, MADHYA PRADESH, this page has every detail you need. The verified IFSC code for this branch is BKID0MG0261. You can use it for NEFT, RTGS and IMPS fund transfers, online banking add-payee actions, UPI mandates and any other electronic payment request that asks for an Indian Financial System Code. The information on this page is curated specifically for customers, remitters, employers and businesses who need to credit funds to an account maintained at this branch, and it is structured so you can find what you need within a few seconds of landing here.
You will see the complete branch address, the area STD code and phone number, the city and state, the day-to-day banking services that are typically offered at the MPGB ARUD branch, and detailed step-by-step guides for using the IFSC BKID0MG0261 across NEFT, RTGS and IMPS rails. A frequently-asked-questions section at the end answers the most common queries we receive about this particular 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, BKID0MG0261 is the IFSC of Bank of India's MPGB ARUD branch. The format is fixed: BKID = bank code, 0 = reserved, MG0261 = 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 Arud branch in Khandwa, Madhya Pradesh is part of this network and uses the IFSC code BKID0MG0261 for all electronic settlement.
Mpgb Arud branch overview
Located at PANDHANA ROAD ARUD, the Mpgb Arud branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC BKID0MG0261 is required for all interbank electronic transfers routed through this branch.
Branch details at a glance
| Bank Name | Bank of India |
|---|---|
| Branch | Mpgb Arud |
| IFSC Code | BKID0MG0261 |
| MICR Code | Refer to cheque leaf |
| Branch Address | PANDHANA ROAD ARUD |
| City | Khandwa |
| District | Khandwa |
| State | Madhya Pradesh |
| STD Code | 91 |
| Phone | 7089903767 |
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 ARUD of Bank of India — its own 11-character IFSC. The code BKID0MG0261 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 BKID0MG0261 the same way you would treat your account number — verify it once and save it carefully for future use.
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 BKID0MG0261 and the account number together uniquely identify the Mpgb Arud branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
How to transfer money using IFSC BKID0MG0261
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 BKID0MG0261 across all three.
How to use IFSC BKID0MG0261 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Bank of India's MPGB ARUD branch. NEFT now settles on a 24x7 basis in half-hourly batches and has no upper limit for retail customers (individual banks may impose their own caps).
- Log in to your internet banking or mobile banking app.
- Choose Add Beneficiary and select NEFT / Other Bank.
- Enter the beneficiary name, account number and the IFSC BKID0MG0261.
- Confirm the bank name auto-populates as Bank of India and the branch as MPGB ARUD.
- Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.
Real-Time Gross Settlement to MPGB ARUD
If you need to transfer ₹2 lakh or more in one go to an account at Bank of India's MPGB ARUD branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC BKID0MG0261 while initiating the transfer and the credit will appear within minutes.
IMPS to Bank of India MPGB ARUD (IFSC BKID0MG0261)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC BKID0MG0261 in your mobile or internet banking app, and the money is credited to the MPGB ARUD branch account within seconds.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC BKID0MG0261 for Bank of India – MPGB ARUD, 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 – BKID0MG0261 | Yes – BKID0MG0261 | Yes – BKID0MG0261 |
For most retail customers crediting the Mpgb Arud 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 ARUD branch, the IFSC BKID0MG0261 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 Arud branch is mapped to IFSC BKID0MG0261 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 BKID0MG0261.
Banking services available
The Mpgb Arud branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 91-7089903767.
- 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 BKID0MG0261
Online banking and IFSC BKID0MG0261
Bank of India customers can register for net banking and the bank's official mobile app once their account at the MPGB ARUD 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 BKID0MG0261 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 Arud branch sits at PANDHANA ROAD ARUD. If you are travelling from outside Khandwa, search for the branch on a maps application using the bank name and locality, or call 91-7089903767 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 BKID0MG0261 and your account number.
Common mistakes to avoid when using IFSC BKID0MG0261
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 ARUD, 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:
BKID0MG0261. - 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.
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 Arud branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC BKID0MG0261, however, work 24x7.
Verifying IFSC BKID0MG0261 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 BKID0MG0261 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 91-7089903767.
- Visiting the bank's official branch locator page.
Branch address & contact
Bank of IndiaMpgb Arud Branch
PANDHANA ROAD ARUD
Khandwa, Madhya Pradesh
Phone: 91-7089903767
IFSC: BKID0MG0261
Frequently asked questions
How quickly will an NEFT transfer using BKID0MG0261 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Bank of India – Mpgb Arud reflect within 30 minutes.
Is IFSC BKID0MG0261 the same for all accounts at Mpgb Arud branch?
Yes. The IFSC BKID0MG0261 is shared by every account held at Bank of India's Mpgb Arud branch. Only the account number changes from customer to customer.
What is the phone number of Bank of India Mpgb Arud branch?
You can reach the branch at 91-7089903767 during regular banking hours.
Can I use IFSC BKID0MG0261 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC BKID0MG0261 to send funds instantly.
Where is Bank of India Mpgb Arud branch located?
Bank of India's Mpgb Arud branch is located at PANDHANA ROAD ARUD, Khandwa, 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 Arud branch but serve different purposes.
Final notes
To recap: BKID0MG0261 is the IFSC code of Bank of India, MPGB ARUD branch, in KHANDWA, 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.
