If you are searching for the IFSC code of Bank of India, MPGB KHARGONE branch in KHARGONE, MADHYA PRADESH, this page has every detail you need. The verified IFSC code for this branch is BKID0MG0219. 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 KHARGONE branch, and detailed step-by-step guides for using the IFSC BKID0MG0219 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, BKID0MG0219 is the IFSC of Bank of India's MPGB KHARGONE branch. The format is fixed: BKID = bank code, 0 = reserved, MG0219 = branch identifier.
Branch details at a glance
| Bank Name | Bank of India |
|---|---|
| Branch | Mpgb Khargone |
| IFSC Code | BKID0MG0219 |
| MICR Code | Refer to cheque leaf |
| Branch Address | BISTAN ROADKHARGONE |
| City | Khargone |
| District | Khargone |
| State | Madhya Pradesh |
| STD Code | 91 |
| Phone | 9757030362 |
About Bank of India
Bank of India operates a wide network of branches across India, including the Mpgb Khargone branch in Khargone. 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, BKID0MG0219.
About this branch
The branch is located at BISTAN ROADKHARGONE. It serves the Khargone 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 BKID0MG0219 is used to identify this branch on the RBI payments network.
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 KHARGONE branch came to be assigned the code BKID0MG0219.
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 BKID0MG0219, money simply cannot be routed to the MPGB KHARGONE branch electronically.
How to transfer money using IFSC BKID0MG0219
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 BKID0MG0219 across all three.
How to use IFSC BKID0MG0219 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Bank of India's MPGB KHARGONE 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 BKID0MG0219.
- Confirm the bank name auto-populates as Bank of India and the branch as MPGB KHARGONE.
- 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 KHARGONE
If you need to transfer ₹2 lakh or more in one go to an account at Bank of India's MPGB KHARGONE branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC BKID0MG0219 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 KHARGONE, use IMPS. With IFSC BKID0MG0219 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 BKID0MG0219 for Bank of India – MPGB KHARGONE, 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 – BKID0MG0219 | Yes – BKID0MG0219 | Yes – BKID0MG0219 |
For most retail customers crediting the Mpgb Khargone 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 KHARGONE branch, the IFSC BKID0MG0219 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 Khargone branch
Once you have an account at Bank of India – MPGB KHARGONE, the IFSC BKID0MG0219 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.
Banking services available
The Mpgb Khargone branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 91-9757030362.
- 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 BKID0MG0219
MICR & cheque-truncation details
Cheques drawn on the Mpgb Khargone branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC BKID0MG0219 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
Online banking and IFSC BKID0MG0219
Bank of India customers can register for net banking and the bank's official mobile app once their account at the MPGB KHARGONE 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 BKID0MG0219 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.
Common mistakes to avoid when using IFSC BKID0MG0219
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 KHARGONE, 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:
BKID0MG0219. - 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 Khargone branch sits at BISTAN ROADKHARGONE. If you are travelling from outside Khargone, search for the branch on a maps application using the bank name and locality, or call 91-9757030362 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 BKID0MG0219 and your account number.
Verifying IFSC BKID0MG0219 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 BKID0MG0219 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 91-9757030362.
- 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 Khargone branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC BKID0MG0219, however, work 24x7.
Branch address & contact
Bank of IndiaMpgb Khargone Branch
BISTAN ROADKHARGONE
Khargone, Madhya Pradesh
Phone: 91-9757030362
IFSC: BKID0MG0219
Frequently asked questions
Does Bank of India Mpgb Khargone branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 91-9757030362 to confirm.
Can I use IFSC BKID0MG0219 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC BKID0MG0219 to send funds instantly.
Is IFSC BKID0MG0219 the same for all accounts at Mpgb Khargone branch?
Yes. The IFSC BKID0MG0219 is shared by every account held at Bank of India's Mpgb Khargone branch. Only the account number changes from customer to customer.
What is the IFSC code of Bank of India Mpgb Khargone branch?
The IFSC code of Bank of India, Mpgb Khargone branch is BKID0MG0219. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
How quickly will an NEFT transfer using BKID0MG0219 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Bank of India – Mpgb Khargone reflect within 30 minutes.
What is the phone number of Bank of India Mpgb Khargone branch?
You can reach the branch at 91-9757030362 during regular banking hours.
Final notes
To recap: BKID0MG0219 is the IFSC code of Bank of India, MPGB KHARGONE branch, in KHARGONE, 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.
