This page lists the IFSC code, branch address, contact number and fund-transfer information for Bank of India, MPGB SHYAMPUR branch in SEHORE. The 11-digit IFSC BKID0MG0349 uniquely identifies this branch in the RBI's centralised payments network and is required for every NEFT, RTGS or IMPS transaction routed to this branch. If you are paying somebody who banks with Bank of India at the MPGB SHYAMPUR location, this is the only IFSC you need.
We have organised this page into clearly labelled sections so you can jump straight to the part that interests you — the IFSC and MICR details, the full postal address, the contact phone number, a quick primer on NEFT, RTGS and IMPS, the typical product line-up at the branch, and a frequently asked questions section that addresses the queries people raise most often about this branch.
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 SHYAMPUR is BKID0MG0349. The first four letters BKID are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters MG0349 map to this branch in SEHORE, MADHYA PRADESH.
About Bank of India
Bank of India operates a wide network of branches across India, including the Mpgb Shyampur branch in Sehore. 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, BKID0MG0349.
About this branch
The branch is located at VP SHYAMPUR TEH DIST SEHORE. It serves the Sehore 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 BKID0MG0349 is used to identify this branch on the RBI payments network.
Branch details at a glance
| Bank Name | Bank of India |
|---|---|
| Branch | Mpgb Shyampur |
| IFSC Code | BKID0MG0349 |
| MICR Code | Refer to cheque leaf |
| Branch Address | VP SHYAMPUR TEH DIST SEHORE |
| City | Sehore |
| District | Sehore |
| State | Madhya Pradesh |
| STD Code | 91 |
| Phone | 8109107574 |
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 SHYAMPUR branch came to be assigned the code BKID0MG0349.
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 BKID0MG0349, money simply cannot be routed to the MPGB SHYAMPUR branch electronically.
MICR & cheque-truncation details
Cheques drawn on the Mpgb Shyampur branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC BKID0MG0349 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 BKID0MG0349
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 BKID0MG0349 across all three.
How to use IFSC BKID0MG0349 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Bank of India's MPGB SHYAMPUR 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 BKID0MG0349.
- Confirm the bank name auto-populates as Bank of India and the branch as MPGB SHYAMPUR.
- 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 SHYAMPUR
If you need to transfer ₹2 lakh or more in one go to an account at Bank of India's MPGB SHYAMPUR branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC BKID0MG0349 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 SHYAMPUR, use IMPS. With IFSC BKID0MG0349 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 BKID0MG0349 for Bank of India – MPGB SHYAMPUR, 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 – BKID0MG0349 | Yes – BKID0MG0349 | Yes – BKID0MG0349 |
For most retail customers crediting the Mpgb Shyampur 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 SHYAMPUR branch, the IFSC BKID0MG0349 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 Shyampur branch
Once you have an account at Bank of India – MPGB SHYAMPUR, the IFSC BKID0MG0349 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 Shyampur 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 BKID0MG0349
Online banking and IFSC BKID0MG0349
Bank of India customers can register for net banking and the bank's official mobile app once their account at the MPGB SHYAMPUR 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 BKID0MG0349 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 Shyampur branch sits at VP SHYAMPUR TEH DIST SEHORE. If you are travelling from outside Sehore, search for the branch on a maps application using the bank name and locality, or call 91-8109107574 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 BKID0MG0349 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 SHYAMPUR:
- The IFSC is exactly BKID0MG0349 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 SHYAMPUR 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 Shyampur 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 BKID0MG0349 continue to work without interruption.
Verifying IFSC BKID0MG0349 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 BKID0MG0349 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 91-8109107574.
- Visiting the bank's official branch locator page.
Branch address & contact
Bank of IndiaMpgb Shyampur Branch
VP SHYAMPUR TEH DIST SEHORE
Sehore, Madhya Pradesh
Phone: 91-8109107574
IFSC: BKID0MG0349
Frequently asked questions
How do I add Bank of India Mpgb Shyampur as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC BKID0MG0349, and complete OTP verification. Once activated, you can transfer funds at any time.
Is IFSC BKID0MG0349 the same for all accounts at Mpgb Shyampur branch?
Yes. The IFSC BKID0MG0349 is shared by every account held at Bank of India's Mpgb Shyampur branch. Only the account number changes from customer to customer.
Can I use IFSC BKID0MG0349 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC BKID0MG0349 to send funds instantly.
What is the phone number of Bank of India Mpgb Shyampur branch?
You can reach the branch at 91-8109107574 during regular banking hours.
What is the IFSC code of Bank of India Mpgb Shyampur branch?
The IFSC code of Bank of India, Mpgb Shyampur branch is BKID0MG0349. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Where is Bank of India Mpgb Shyampur branch located?
Bank of India's Mpgb Shyampur branch is located at VP SHYAMPUR TEH DIST SEHORE, Sehore, Madhya Pradesh.
Does Bank of India Mpgb Shyampur branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 91-8109107574 to confirm.
Final notes
To recap: BKID0MG0349 is the IFSC code of Bank of India, MPGB SHYAMPUR branch, in SEHORE, 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.
