Use this page as a one-stop reference for everything related to Bank of India's MPGB PORSA branch in MURAINA, MADHYA PRADESH. The branch's IFSC code BKID0MG9056 is the key identifier you need whenever a remitter, employer or biller asks for a bank routing number to send funds to an account held at this branch. We have also included the branch's postal address, telephone number, banking hours, common services, and an extensive FAQ block that should answer almost every question that comes up when you are about to add this branch as a beneficiary in your net-banking app for the first time.
An IFSC (Indian Financial System Code) is an 11-character alphanumeric code issued by the Reserve Bank of India. It uniquely identifies every bank branch that participates in the RBI's electronic fund-transfer systems – NEFT, RTGS and IMPS. The first four characters represent the bank, the fifth is always a zero (reserved for future use), and the last six characters identify the specific branch.
For Bank of India's MPGB PORSA branch, the IFSC BKID0MG9056 breaks down as follows: BKID identifies the bank, 0 is the reserved character, and MG9056 identifies this particular branch.
Branch details at a glance
| Bank Name | Bank of India |
|---|---|
| Branch | Mpgb Porsa |
| IFSC Code | BKID0MG9056 |
| MICR Code | Refer to cheque leaf |
| Branch Address | SABJI MANDI ROAD PORSA MORENA |
| City | Muraina |
| District | Muraina |
| State | Madhya Pradesh |
| STD Code | 91 |
| Phone | 8226010269 |
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 Porsa branch in Muraina, Madhya Pradesh is part of this network and uses the IFSC code BKID0MG9056 for all electronic settlement.
About this branch
The branch is located at SABJI MANDI ROAD PORSA MORENA. It serves the Muraina 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 BKID0MG9056 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 PORSA branch came to be assigned the code BKID0MG9056.
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 BKID0MG9056, money simply cannot be routed to the MPGB PORSA branch electronically.
How to transfer money using IFSC BKID0MG9056
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 BKID0MG9056 across all three.
How to use IFSC BKID0MG9056 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Bank of India's MPGB PORSA 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 BKID0MG9056.
- Confirm the bank name auto-populates as Bank of India and the branch as MPGB PORSA.
- 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 PORSA
If you need to transfer ₹2 lakh or more in one go to an account at Bank of India's MPGB PORSA branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC BKID0MG9056 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 PORSA, use IMPS. With IFSC BKID0MG9056 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 BKID0MG9056 for Bank of India – MPGB PORSA, 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 – BKID0MG9056 | Yes – BKID0MG9056 | Yes – BKID0MG9056 |
For most retail customers crediting the Mpgb Porsa 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 BKID0MG9056
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 PORSA is still mapped to IFSC BKID0MG9056. 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 BKID0MG9056 and the beneficiary's account number to complete the transfer.
Products and account variants supported
Every account opened at the Mpgb Porsa branch is mapped to IFSC BKID0MG9056 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 BKID0MG9056.
Banking services available
The Mpgb Porsa branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 91-8226010269.
- 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 BKID0MG9056
MICR & cheque-truncation details
Cheques drawn on the Mpgb Porsa branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC BKID0MG9056 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
Digital banking channels
Most day-to-day work that customers used to do at the Mpgb Porsa branch counter can now be completed digitally — adding a beneficiary, transferring funds, applying for a fixed deposit, raising a service request or downloading account statements. The IFSC BKID0MG9056 is the link between the digital channel and the branch ledger; once a transaction is confirmed, the credit or debit is reflected in the same core banking system that the branch officers see.
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 PORSA:
- The IFSC is exactly BKID0MG9056 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 PORSA 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.
Reaching the branch
The Mpgb Porsa branch sits at SABJI MANDI ROAD PORSA MORENA. If you are travelling from outside Muraina, search for the branch on a maps application using the bank name and locality, or call 91-8226010269 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 BKID0MG9056 and your account number.
Verifying IFSC BKID0MG9056 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 BKID0MG9056 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 91-8226010269.
- Visiting the bank's official branch locator page.
Working hours
Branch counters at Mpgb Porsa 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 BKID0MG9056 continue to work without interruption.
Branch address & contact
Bank of IndiaMpgb Porsa Branch
SABJI MANDI ROAD PORSA MORENA
Muraina, Madhya Pradesh
Phone: 91-8226010269
IFSC: BKID0MG9056
Frequently asked questions
Is IFSC BKID0MG9056 the same for all accounts at Mpgb Porsa branch?
Yes. The IFSC BKID0MG9056 is shared by every account held at Bank of India's Mpgb Porsa branch. Only the account number changes from customer to customer.
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 Porsa branch but serve different purposes.
How quickly will an NEFT transfer using BKID0MG9056 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Bank of India – Mpgb Porsa reflect within 30 minutes.
Can I use IFSC BKID0MG9056 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC BKID0MG9056 to send funds instantly.
Does Bank of India Mpgb Porsa branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 91-8226010269 to confirm.
Is IFSC BKID0MG9056 valid for NEFT and RTGS?
Yes. IFSC BKID0MG9056 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
What is the IFSC code of Bank of India Mpgb Porsa branch?
The IFSC code of Bank of India, Mpgb Porsa branch is BKID0MG9056. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Summary
The IFSC code BKID0MG9056 belongs to Bank of India's MPGB PORSA branch, located at SABJI MANDI ROAD PORSA MORENA in MURAINA, 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.
