Below are the complete branch details for Bank of India, MPGB SITPURA branch, located in SATNA, MADHYA PRADESH. The IFSC assigned by the Reserve Bank of India to this branch is BKID0MG2216. 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 BKID0MG2216 for Bank of India – MPGB SITPURA — saves you from rejected transfers, returned credits and the back-and-forth that follows them.
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 SITPURA branch, the IFSC BKID0MG2216 breaks down as follows: BKID identifies the bank, 0 is the reserved character, and MG2216 identifies this particular branch.
About Bank of India
Bank of India operates a wide network of branches across India, including the Mpgb Sitpura branch in Satna. 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, BKID0MG2216.
Branch details at a glance
| Bank Name | Bank of India |
|---|---|
| Branch | Mpgb Sitpura |
| IFSC Code | BKID0MG2216 |
| MICR Code | Refer to cheque leaf |
| Branch Address | VILLAGE POST SITPURA TEH NAGOD DISTRICT SATNA 485001 |
| City | Satna |
| District | Satna |
| State | Madhya Pradesh |
| STD Code | 91 |
| Phone | 9827065815 |
About the Mpgb Sitpura branch
The Mpgb Sitpura branch of Bank of India is situated at VILLAGE POST SITPURA TEH NAGOD DISTRICT SATNA 485001. 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 BKID0MG2216 is used.
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 SITPURA branch came to be assigned the code BKID0MG2216.
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 BKID0MG2216, money simply cannot be routed to the MPGB SITPURA branch electronically.
Account types you can open at the Mpgb Sitpura branch
Once you have an account at Bank of India – MPGB SITPURA, the IFSC BKID0MG2216 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 Sitpura branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 91-9827065815.
- 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 BKID0MG2216
How to transfer money using IFSC BKID0MG2216
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 BKID0MG2216 across all three.
How to use IFSC BKID0MG2216 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Bank of India's MPGB SITPURA 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 BKID0MG2216.
- Confirm the bank name auto-populates as Bank of India and the branch as MPGB SITPURA.
- Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.
RTGS transfers via IFSC BKID0MG2216
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 SITPURA, ensure your bank's portal accepts IFSC BKID0MG2216 while registering the beneficiary. RTGS is also available 24x7.
Send money instantly through IMPS
For a real-time, anytime transfer to Bank of India – MPGB SITPURA, use IMPS. With IFSC BKID0MG2216 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 BKID0MG2216 for Bank of India – MPGB SITPURA, 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 – BKID0MG2216 | Yes – BKID0MG2216 | Yes – BKID0MG2216 |
For most retail customers crediting the Mpgb Sitpura 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 SITPURA branch, the IFSC BKID0MG2216 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.
Digital banking channels
Most day-to-day work that customers used to do at the Mpgb Sitpura 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 BKID0MG2216 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.
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 BKID0MG2216 and the account number together uniquely identify the Mpgb Sitpura branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
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 SITPURA:
- The IFSC is exactly BKID0MG2216 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 SITPURA 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 Sitpura branch sits at VILLAGE POST SITPURA TEH NAGOD DISTRICT SATNA 485001. If you are travelling from outside Satna, search for the branch on a maps application using the bank name and locality, or call 91-9827065815 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 BKID0MG2216 and your account number.
Verifying IFSC BKID0MG2216 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 BKID0MG2216 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 91-9827065815.
- Visiting the bank's official branch locator page.
Working hours
Branch counters at Mpgb Sitpura 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 BKID0MG2216 continue to work without interruption.
Branch address & contact
Bank of IndiaMpgb Sitpura Branch
VILLAGE POST SITPURA TEH NAGOD DISTRICT SATNA 485001
Satna, Madhya Pradesh
Phone: 91-9827065815
IFSC: BKID0MG2216
Frequently asked questions
How quickly will an NEFT transfer using BKID0MG2216 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Bank of India – Mpgb Sitpura reflect within 30 minutes.
What is the IFSC code of Bank of India Mpgb Sitpura branch?
The IFSC code of Bank of India, Mpgb Sitpura branch is BKID0MG2216. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Does Bank of India Mpgb Sitpura branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 91-9827065815 to confirm.
Is IFSC BKID0MG2216 the same for all accounts at Mpgb Sitpura branch?
Yes. The IFSC BKID0MG2216 is shared by every account held at Bank of India's Mpgb Sitpura branch. Only the account number changes from customer to customer.
How do I add Bank of India Mpgb Sitpura as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC BKID0MG2216, and complete OTP verification. Once activated, you can transfer funds at any time.
What is the phone number of Bank of India Mpgb Sitpura branch?
You can reach the branch at 91-9827065815 during regular banking hours.
Summary
The IFSC code BKID0MG2216 belongs to Bank of India's MPGB SITPURA branch, located at VILLAGE POST SITPURA TEH NAGOD DISTRICT SATNA 485001 in SATNA, 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.
