This page lists the IFSC code, branch address, contact number and fund-transfer information for Bank of India, MPGB LUKWASA branch in SHIVPURI. The 11-digit IFSC BKID0MG1923 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 LUKWASA 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.
IFSC stands for Indian Financial System Code. It is an 11-character code that pinpoints a particular bank branch on the RBI's real-time payment rails. Every NEFT, RTGS or IMPS instruction must carry the destination branch's IFSC for the credit to land in the correct account.
In our case, BKID0MG1923 is the IFSC of Bank of India's MPGB LUKWASA branch. The format is fixed: BKID = bank code, 0 = reserved, MG1923 = branch identifier.
About Bank of India
Bank of India operates a wide network of branches across India, including the Mpgb Lukwasa branch in Shivpuri. 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, BKID0MG1923.
About the Mpgb Lukwasa branch
The Mpgb Lukwasa branch of Bank of India is situated at LUKWASA DISTRICT SHIVPURI 473588. 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 BKID0MG1923 is used.
Branch details at a glance
| Bank Name | Bank of India |
|---|---|
| Branch | Mpgb Lukwasa |
| IFSC Code | BKID0MG1923 |
| MICR Code | Refer to cheque leaf |
| Branch Address | LUKWASA DISTRICT SHIVPURI 473588 |
| City | Shivpuri |
| District | Shivpuri |
| State | Madhya Pradesh |
| STD Code | 91 |
| Phone | 7000300790 |
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 LUKWASA branch came to be assigned the code BKID0MG1923.
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 BKID0MG1923, money simply cannot be routed to the MPGB LUKWASA branch electronically.
MICR & cheque-truncation details
Cheques drawn on the Mpgb Lukwasa branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC BKID0MG1923 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 BKID0MG1923
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 BKID0MG1923 across all three.
NEFT to Bank of India, MPGB LUKWASA using IFSC BKID0MG1923
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 BKID0MG1923, and confirm that the system picks up Bank of India – MPGB LUKWASA. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
RTGS transfers via IFSC BKID0MG1923
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 LUKWASA, ensure your bank's portal accepts IFSC BKID0MG1923 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 LUKWASA, use IMPS. With IFSC BKID0MG1923 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 BKID0MG1923 for Bank of India – MPGB LUKWASA, 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 – BKID0MG1923 | Yes – BKID0MG1923 | Yes – BKID0MG1923 |
For most retail customers crediting the Mpgb Lukwasa 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 BKID0MG1923
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 LUKWASA is still mapped to IFSC BKID0MG1923. 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 BKID0MG1923 and the beneficiary's account number to complete the transfer.
Products and account variants supported
Every account opened at the Mpgb Lukwasa branch is mapped to IFSC BKID0MG1923 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 BKID0MG1923.
Banking services available
The Mpgb Lukwasa branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 91-7000300790.
- 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 BKID0MG1923
Online banking and IFSC BKID0MG1923
Bank of India customers can register for net banking and the bank's official mobile app once their account at the MPGB LUKWASA 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 BKID0MG1923 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.
How to reach the Mpgb Lukwasa branch
The branch is located at LUKWASA DISTRICT SHIVPURI 473588, which puts it inside Shivpuri, the broader Shivpuri district, and the state of Madhya Pradesh. To plan your visit:
- Open Google Maps on your phone and search for “Bank of India Mpgb Lukwasa branch” — the verified location pin for IFSC BKID0MG1923 should appear at the top of the results.
- Confirm the branch is open by calling 91-7000300790 before stepping out, especially around public holidays.
- Carry photo ID and any account-related documents you may need for the transaction you plan to do.
Most banking work — passbook updates, fund transfers, statement downloads — can also be completed online without visiting the branch in person, as long as you know the IFSC BKID0MG1923 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 LUKWASA:
- The IFSC is exactly BKID0MG1923 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 LUKWASA 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 Lukwasa 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 BKID0MG1923 continue to work without interruption.
Verifying IFSC BKID0MG1923 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 BKID0MG1923 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 91-7000300790.
- Visiting the bank's official branch locator page.
Branch address & contact
Bank of IndiaMpgb Lukwasa Branch
LUKWASA DISTRICT SHIVPURI 473588
Shivpuri, Madhya Pradesh
Phone: 91-7000300790
IFSC: BKID0MG1923
Frequently asked questions
What is the IFSC code of Bank of India Mpgb Lukwasa branch?
The IFSC code of Bank of India, Mpgb Lukwasa branch is BKID0MG1923. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
How do I add Bank of India Mpgb Lukwasa as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC BKID0MG1923, and complete OTP verification. Once activated, you can transfer funds at any time.
Does Bank of India Mpgb Lukwasa branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 91-7000300790 to confirm.
Can I use IFSC BKID0MG1923 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC BKID0MG1923 to send funds instantly.
What is the phone number of Bank of India Mpgb Lukwasa branch?
You can reach the branch at 91-7000300790 during regular banking hours.
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 Lukwasa branch but serve different purposes.
Is IFSC BKID0MG1923 valid for NEFT and RTGS?
Yes. IFSC BKID0MG1923 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Summary
The IFSC code BKID0MG1923 belongs to Bank of India's MPGB LUKWASA branch, located at LUKWASA DISTRICT SHIVPURI 473588 in SHIVPURI, 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.
