If you are searching for the IFSC code of Bank of India, MPGB CHHANERA branch in KHANDWA, MADHYA PRADESH, this page has every detail you need. The verified IFSC code for this branch is BKID0MG0276. 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 CHHANERA branch, and detailed step-by-step guides for using the IFSC BKID0MG0276 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, BKID0MG0276 is the IFSC of Bank of India's MPGB CHHANERA branch. The format is fixed: BKID = bank code, 0 = reserved, MG0276 = branch identifier.
About Bank of India
Bank of India operates a wide network of branches across India, including the Mpgb Chhanera branch in Khandwa. Each branch is enabled for NEFT, RTGS, IMPS and core banking, allowing customers to send and receive money anywhere in the country using a unique IFSC – in this case, BKID0MG0276.
About the Mpgb Chhanera branch
The Mpgb Chhanera branch of Bank of India is situated at MAIN MARKET CHHANERA. 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 BKID0MG0276 is used.
Branch details at a glance
| Bank Name | Bank of India |
|---|---|
| Branch | Mpgb Chhanera |
| IFSC Code | BKID0MG0276 |
| MICR Code | Refer to cheque leaf |
| Branch Address | MAIN MARKET CHHANERA |
| City | Khandwa |
| District | Khandwa |
| State | Madhya Pradesh |
| STD Code | 91 |
| Phone | 7089903724 |
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 CHHANERA branch came to be assigned the code BKID0MG0276.
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 BKID0MG0276, money simply cannot be routed to the MPGB CHHANERA branch electronically.
MICR & cheque-truncation details
Cheques drawn on the Mpgb Chhanera branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC BKID0MG0276 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 BKID0MG0276
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 BKID0MG0276 across all three.
NEFT to Bank of India, MPGB CHHANERA using IFSC BKID0MG0276
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 BKID0MG0276, and confirm that the system picks up Bank of India – MPGB CHHANERA. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
RTGS transfers via IFSC BKID0MG0276
RTGS (Real-Time Gross Settlement) is the fastest high-value transfer mechanism in India. It is meant for transfers of ₹2 lakh and above and settles each transaction individually and instantly. To remit through RTGS to Bank of India – MPGB CHHANERA, ensure your bank's portal accepts IFSC BKID0MG0276 while registering the beneficiary. RTGS is also available 24x7.
IMPS to Bank of India MPGB CHHANERA (IFSC BKID0MG0276)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC BKID0MG0276 in your mobile or internet banking app, and the money is credited to the MPGB CHHANERA branch account within seconds.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC BKID0MG0276 for Bank of India – MPGB CHHANERA, 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 – BKID0MG0276 | Yes – BKID0MG0276 | Yes – BKID0MG0276 |
For most retail customers crediting the Mpgb Chhanera 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 CHHANERA branch, the IFSC BKID0MG0276 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 Chhanera branch
Once you have an account at Bank of India – MPGB CHHANERA, the IFSC BKID0MG0276 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 Mpgb Chhanera 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 BKID0MG0276
Online banking and IFSC BKID0MG0276
Bank of India customers can register for net banking and the bank's official mobile app once their account at the MPGB CHHANERA 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 BKID0MG0276 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 Chhanera branch sits at MAIN MARKET CHHANERA. If you are travelling from outside Khandwa, search for the branch on a maps application using the bank name and locality, or call 91-7089903724 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 BKID0MG0276 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 CHHANERA:
- The IFSC is exactly BKID0MG0276 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 CHHANERA 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 Chhanera 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 BKID0MG0276 continue to work without interruption.
Other ways to verify the IFSC code
While this page already lists the verified IFSC BKID0MG0276 for Bank of India – MPGB CHHANERA, 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 IndiaMpgb Chhanera Branch
MAIN MARKET CHHANERA
Khandwa, Madhya Pradesh
Phone: 91-7089903724
IFSC: BKID0MG0276
Frequently asked questions
Where is Bank of India Mpgb Chhanera branch located?
Bank of India's Mpgb Chhanera branch is located at MAIN MARKET CHHANERA, Khandwa, Madhya Pradesh.
Does Bank of India Mpgb Chhanera branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 91-7089903724 to confirm.
What is the phone number of Bank of India Mpgb Chhanera branch?
You can reach the branch at 91-7089903724 during regular banking hours.
How quickly will an NEFT transfer using BKID0MG0276 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Bank of India – Mpgb Chhanera reflect within 30 minutes.
Can I use IFSC BKID0MG0276 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC BKID0MG0276 to send funds instantly.
Is IFSC BKID0MG0276 the same for all accounts at Mpgb Chhanera branch?
Yes. The IFSC BKID0MG0276 is shared by every account held at Bank of India's Mpgb Chhanera branch. Only the account number changes from customer to customer.
How do I add Bank of India Mpgb Chhanera as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC BKID0MG0276, and complete OTP verification. Once activated, you can transfer funds at any time.
Summary
The IFSC code BKID0MG0276 belongs to Bank of India's MPGB CHHANERA branch, located at MAIN MARKET CHHANERA in KHANDWA, MADHYA PRADESH. Use this code along with the beneficiary's account number for any NEFT, RTGS or IMPS transfer to this branch. Bookmark this page for quick reference whenever you need the branch's banking details.
