Below are the complete branch details for Bank of India, MPGB JHARDA branch, located in MANDSAUR, MADHYA PRADESH. The IFSC assigned by the Reserve Bank of India to this branch is BKID0MG1407. 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 BKID0MG1407 for Bank of India – MPGB JHARDA — saves you from rejected transfers, returned credits and the back-and-forth that follows them.
The Indian Financial System Code, popularly known as IFSC, is an 11-digit alphanumeric code that the RBI assigns to every bank branch participating in online interbank settlement. Without this code, an electronic transfer simply cannot reach its destination branch.
The IFSC for Bank of India – MPGB JHARDA is BKID0MG1407. The first four letters BKID are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters MG1407 map to this branch in MANDSAUR, MADHYA PRADESH.
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 Jharda branch in Mandsaur, Madhya Pradesh is part of this network and uses the IFSC code BKID0MG1407 for all electronic settlement.
About this branch
The branch is located at 2653SADAR BAZARJHARDAMANDSAUR. It serves the Mandsaur 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 BKID0MG1407 is used to identify this branch on the RBI payments network.
Branch details at a glance
| Bank Name | Bank of India |
|---|---|
| Branch | Mpgb Jharda |
| IFSC Code | BKID0MG1407 |
| MICR Code | Refer to cheque leaf |
| Branch Address | 2653SADAR BAZARJHARDAMANDSAUR |
| City | Mandsaur |
| District | Mandsaur |
| State | Madhya Pradesh |
| STD Code | 91 |
| Phone | 8226010332 |
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 JHARDA branch came to be assigned the code BKID0MG1407.
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 BKID0MG1407, money simply cannot be routed to the MPGB JHARDA branch electronically.
MICR & cheque-truncation details
Cheques drawn on the Mpgb Jharda branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC BKID0MG1407 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 BKID0MG1407
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 BKID0MG1407 across all three.
NEFT to Bank of India, MPGB JHARDA using IFSC BKID0MG1407
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 BKID0MG1407, and confirm that the system picks up Bank of India – MPGB JHARDA. 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 JHARDA
If you need to transfer ₹2 lakh or more in one go to an account at Bank of India's MPGB JHARDA branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC BKID0MG1407 while initiating the transfer and the credit will appear within minutes.
IMPS to Bank of India MPGB JHARDA (IFSC BKID0MG1407)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC BKID0MG1407 in your mobile or internet banking app, and the money is credited to the MPGB JHARDA branch account within seconds.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC BKID0MG1407 for Bank of India – MPGB JHARDA, 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 – BKID0MG1407 | Yes – BKID0MG1407 | Yes – BKID0MG1407 |
For most retail customers crediting the Mpgb Jharda 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.
UPI payments and IFSC BKID0MG1407
UPI (Unified Payments Interface) has become the default way for individuals to send money in India. While most UPI transactions are addressed using a Virtual Payment Address (VPA) like name@bank, the underlying account at Bank of India – MPGB JHARDA is still mapped to IFSC BKID0MG1407. When a customer links a savings or current account to a UPI app for the first time, the app silently looks up this IFSC against the account number to verify the account exists. The VPA acts as a friendly alias on top of the same plumbing.
If a UPI transfer to or from this branch fails, the most common reasons are an inactive UPI handle, a daily limit breach or a temporary outage at one of the participating banks — not the IFSC. You can always fall back to NEFT or IMPS using the IFSC BKID0MG1407 and the beneficiary's account number to complete the transfer.
Products and account variants supported
Every account opened at the Mpgb Jharda branch is mapped to IFSC BKID0MG1407 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 BKID0MG1407.
Banking services available
The Mpgb Jharda branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 91-8226010332.
- 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 BKID0MG1407
Online banking and IFSC BKID0MG1407
Bank of India customers can register for net banking and the bank's official mobile app once their account at the MPGB JHARDA 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 BKID0MG1407 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 Jharda branch sits at 2653SADAR BAZARJHARDAMANDSAUR. If you are travelling from outside Mandsaur, search for the branch on a maps application using the bank name and locality, or call 91-8226010332 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 BKID0MG1407 and your account number.
Common mistakes to avoid when using IFSC BKID0MG1407
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 JHARDA, 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:
BKID0MG1407. - 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 Jharda 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 BKID0MG1407 continue to work without interruption.
Verifying IFSC BKID0MG1407 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 BKID0MG1407 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 91-8226010332.
- Visiting the bank's official branch locator page.
Branch address & contact
Bank of IndiaMpgb Jharda Branch
2653SADAR BAZARJHARDAMANDSAUR
Mandsaur, Madhya Pradesh
Phone: 91-8226010332
IFSC: BKID0MG1407
Frequently asked questions
Is IFSC BKID0MG1407 the same for all accounts at Mpgb Jharda branch?
Yes. The IFSC BKID0MG1407 is shared by every account held at Bank of India's Mpgb Jharda branch. Only the account number changes from customer to customer.
What is the IFSC code of Bank of India Mpgb Jharda branch?
The IFSC code of Bank of India, Mpgb Jharda branch is BKID0MG1407. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Is IFSC BKID0MG1407 valid for NEFT and RTGS?
Yes. IFSC BKID0MG1407 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
How quickly will an NEFT transfer using BKID0MG1407 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Bank of India – Mpgb Jharda reflect within 30 minutes.
Does Bank of India Mpgb Jharda branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 91-8226010332 to confirm.
Can I use IFSC BKID0MG1407 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC BKID0MG1407 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 Jharda branch but serve different purposes.
Final notes
To recap: BKID0MG1407 is the IFSC code of Bank of India, MPGB JHARDA branch, in MANDSAUR, 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.
