Nexnews
Loading…

NOTIFICATIONS

 
15th May
    Loading…

    IFSC Code of Bank of India, Mpgb Manglipeth Branch, Madhya Pradesh

    Get IFSC Code BKID0MG8061 for Bank of India, Mpgb Manglipeth Branch, Seoni, Madhya Pradesh. Use it for NEFT, RTGS and IMPS transfers, address and phone details.

    This page lists the IFSC code, branch address, contact number and fund-transfer information for Bank of India, MPGB MANGLIPETH branch in SEONI. The 11-digit IFSC BKID0MG8061 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 MANGLIPETH 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.

    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 MANGLIPETH branch, the IFSC BKID0MG8061 breaks down as follows: BKID identifies the bank, 0 is the reserved character, and MG8061 identifies this particular branch.

    Bank profile

    Bank of India is among the recognised banks listed on the Reserve Bank of India's payments network. The Mpgb Manglipeth branch — IFSC BKID0MG8061 — extends the bank's services to customers in and around Seoni, Madhya Pradesh.

    Mpgb Manglipeth branch overview

    Located at POSTMAHAVIR MARIA KE SAMNE MANGLIPETH TEHSEONI DISTSEONI 480661, the Mpgb Manglipeth branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC BKID0MG8061 is required for all interbank electronic transfers routed through this branch.

    Branch details at a glance

    Bank NameBank of India
    BranchMpgb Manglipeth
    IFSC CodeBKID0MG8061
    MICR CodeRefer to cheque leaf
    Branch AddressPOSTMAHAVIR MARIA KE SAMNE MANGLIPETH TEHSEONI DISTSEONI 480661
    CitySeoni
    DistrictSeoni
    StateMadhya Pradesh
    STD Code91
    Phone9479961580

    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 MANGLIPETH branch came to be assigned the code BKID0MG8061.

    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 BKID0MG8061, money simply cannot be routed to the MPGB MANGLIPETH branch electronically.

    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 BKID0MG8061 and the account number together uniquely identify the Mpgb Manglipeth branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.

    How to transfer money using IFSC BKID0MG8061

    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 BKID0MG8061 across all three.

    How to use IFSC BKID0MG8061 for an NEFT transfer

    NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Bank of India's MPGB MANGLIPETH 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).

    1. Log in to your internet banking or mobile banking app.
    2. Choose Add Beneficiary and select NEFT / Other Bank.
    3. Enter the beneficiary name, account number and the IFSC BKID0MG8061.
    4. Confirm the bank name auto-populates as Bank of India and the branch as MPGB MANGLIPETH.
    5. 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 MANGLIPETH

    If you need to transfer ₹2 lakh or more in one go to an account at Bank of India's MPGB MANGLIPETH branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC BKID0MG8061 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 MANGLIPETH, use IMPS. With IFSC BKID0MG8061 and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.

    Comparing NEFT, RTGS and IMPS for transfers to Mpgb Manglipeth

    The right transfer rail depends on how urgent the payment is, how large it is, and whether the receiving bank participates in the chosen scheme. Every option below works with the IFSC BKID0MG8061:

    • NEFT — best for everyday transfers of any amount; settles in half-hourly batches around the clock.
    • RTGS — best for transfers of ₹2 lakh and above; settles each transaction individually in real time.
    • IMPS — best when speed matters more than batch scheduling; instant credit up to ₹5 lakh.
    • UPI — best for small peer-to-peer payments using a VPA; the underlying account at MPGB MANGLIPETH is still linked to IFSC BKID0MG8061.

    For salary credits, vendor payouts and refunds, employers and merchants usually default to NEFT because of its zero per-transaction cost for retail customers and its 24x7 availability.

    UPI payments and IFSC BKID0MG8061

    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 MANGLIPETH is still mapped to IFSC BKID0MG8061. 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 BKID0MG8061 and the beneficiary's account number to complete the transfer.

    Account types you can open at the Mpgb Manglipeth branch

    Once you have an account at Bank of India – MPGB MANGLIPETH, the IFSC BKID0MG8061 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 Manglipeth 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 BKID0MG8061

    Digital banking channels

    Most day-to-day work that customers used to do at the Mpgb Manglipeth 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 BKID0MG8061 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.

    Reaching the branch

    The Mpgb Manglipeth branch sits at POSTMAHAVIR MARIA KE SAMNE MANGLIPETH TEHSEONI DISTSEONI 480661. If you are travelling from outside Seoni, search for the branch on a maps application using the bank name and locality, or call 91-9479961580 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 BKID0MG8061 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 MANGLIPETH:

    • The IFSC is exactly BKID0MG8061 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 MANGLIPETH 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 Manglipeth 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 BKID0MG8061 continue to work without interruption.

    Other ways to verify the IFSC code

    While this page already lists the verified IFSC BKID0MG8061 for Bank of India – MPGB MANGLIPETH, you can cross-check the code from any of these sources before initiating a high-value transfer:

    • The front of the cheque book issued by the branch – the IFSC is printed at the top of every leaf.
    • The first page of your passbook.
    • The bank's official website under the branch locator.
    • The Reserve Bank of India's IFSC search portal.
    • Net banking dashboards usually display the home-branch IFSC under account details.

    Branch address & contact

    Bank of India
    Mpgb Manglipeth Branch
    POSTMAHAVIR MARIA KE SAMNE MANGLIPETH TEHSEONI DISTSEONI 480661
    Seoni, Madhya Pradesh
    Phone: 91-9479961580
    IFSC: BKID0MG8061

    Frequently asked questions

    What is the IFSC code of Bank of India Mpgb Manglipeth branch?

    The IFSC code of Bank of India, Mpgb Manglipeth branch is BKID0MG8061. It is used for NEFT, RTGS and IMPS fund transfers to this branch.

    Where is Bank of India Mpgb Manglipeth branch located?

    Bank of India's Mpgb Manglipeth branch is located at POSTMAHAVIR MARIA KE SAMNE MANGLIPETH TEHSEONI DISTSEONI 480661, Seoni, Madhya Pradesh.

    Does Bank of India Mpgb Manglipeth branch offer locker facilities?

    Locker availability depends on branch size and customer demand. Please contact the branch on 91-9479961580 to confirm.

    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 Manglipeth branch but serve different purposes.

    Is IFSC BKID0MG8061 valid for NEFT and RTGS?

    Yes. IFSC BKID0MG8061 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.

    Can I use IFSC BKID0MG8061 for IMPS transfers?

    Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC BKID0MG8061 to send funds instantly.

    What is the phone number of Bank of India Mpgb Manglipeth branch?

    You can reach the branch at 91-9479961580 during regular banking hours.

    How quickly will an NEFT transfer using BKID0MG8061 be credited?

    NEFT settles in half-hourly batches around the clock. Most transfers to Bank of India – Mpgb Manglipeth reflect within 30 minutes.

    Final notes

    To recap: BKID0MG8061 is the IFSC code of Bank of India, MPGB MANGLIPETH branch, in SEONI, 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.

    keyboard_arrow_up