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

Below are the complete branch details for Bank of India, MPGB PADAINIYA branch, located in SIDHI, MADHYA PRADESH. The IFSC assigned by the Reserve Bank of India to this branch is BKID0MG2422. 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 BKID0MG2422 for Bank of India – MPGB PADAINIYA — 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 PADAINIYA branch, the IFSC BKID0MG2422 breaks down as follows: BKID identifies the bank, 0 is the reserved character, and MG2422 identifies this particular branch.

Branch details at a glance

Bank profile

Bank of India is among the recognised banks listed on the Reserve Bank of India's payments network. The Mpgb Padainiya branch — IFSC BKID0MG2422 — extends the bank's services to customers in and around Sidhi, Madhya Pradesh.

Mpgb Padainiya branch overview

Located at BLDG. OF SHRI SANJEEV TIWARI, NH 75, SIDHI SINGRAULI ROAD, PADAINIYA DISTRICT SIDHI 486661, the Mpgb Padainiya branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC BKID0MG2422 is required for all interbank electronic transfers routed through this branch.

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 PADAINIYA branch came to be assigned the code BKID0MG2422.

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 BKID0MG2422, money simply cannot be routed to the MPGB PADAINIYA branch electronically.

How to transfer money using IFSC BKID0MG2422

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 BKID0MG2422 across all three.

NEFT to Bank of India, MPGB PADAINIYA using IFSC BKID0MG2422

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 BKID0MG2422, and confirm that the system picks up Bank of India – MPGB PADAINIYA. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

Real-Time Gross Settlement to MPGB PADAINIYA

If you need to transfer ₹2 lakh or more in one go to an account at Bank of India's MPGB PADAINIYA branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC BKID0MG2422 while initiating the transfer and the credit will appear within minutes.

IMPS to Bank of India MPGB PADAINIYA (IFSC BKID0MG2422)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC BKID0MG2422 in your mobile or internet banking app, and the money is credited to the MPGB PADAINIYA branch account within seconds.

NEFT vs RTGS vs IMPS — which one should you use?

All three modes accept the IFSC BKID0MG2422 for Bank of India – MPGB PADAINIYA, 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.

For most retail customers crediting the Mpgb Padainiya 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 BKID0MG2422

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 PADAINIYA is still mapped to IFSC BKID0MG2422. 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 BKID0MG2422 and the beneficiary's account number to complete the transfer.

Products and account variants supported

Every account opened at the Mpgb Padainiya branch is mapped to IFSC BKID0MG2422 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 BKID0MG2422.

Products and services

Customers walking into the Mpgb Padainiya 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 BKID0MG2422

MICR & cheque-truncation details

Cheques drawn on the Mpgb Padainiya branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC BKID0MG2422 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.

Online banking and IFSC BKID0MG2422

Bank of India customers can register for net banking and the bank's official mobile app once their account at the MPGB PADAINIYA 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 BKID0MG2422 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.

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 PADAINIYA:

• The IFSC is exactly BKID0MG2422 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 PADAINIYA 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.

How to reach the Mpgb Padainiya branch

The branch is located at BLDG. OF SHRI SANJEEV TIWARI, NH 75, SIDHI SINGRAULI ROAD, PADAINIYA DISTRICT SIDHI 486661, which puts it inside Sidhi, the broader Sidhi district, and the state of Madhya Pradesh. To plan your visit:

1. Open Google Maps on your phone and search for “Bank of India Mpgb Padainiya branch” — the verified location pin for IFSC BKID0MG2422 should appear at the top of the results.
2. Confirm the branch is open by calling 91-7879346789 before stepping out, especially around public holidays.
3. 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 BKID0MG2422 and your account number.

Verifying IFSC BKID0MG2422 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 BKID0MG2422 by:

• Looking at the cheque leaf – IFSC is printed near the MICR band.
• Opening the passbook's first page.
• Calling the branch directly on 91-7879346789.
• Visiting the bank's official branch locator page.

Working hours

Branch counters at Mpgb Padainiya 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 BKID0MG2422 continue to work without interruption.

Branch address & contact

Frequently asked questions

Final notes

To recap: BKID0MG2422 is the IFSC code of Bank of India, MPGB PADAINIYA branch, in SIDHI, 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.