Use this page as a one-stop reference for everything related to Bank of India's MPGB DERI branch in TIKAMGARH, MADHYA PRADESH. The branch's IFSC code BKID0MG2528 is the key identifier you need whenever a remitter, employer or biller asks for a bank routing number to send funds to an account held at this branch. We have also included the branch's postal address, telephone number, banking hours, common services, and an extensive FAQ block that should answer almost every question that comes up when you are about to add this branch as a beneficiary in your net-banking app for the first time.
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, BKID0MG2528 is the IFSC of Bank of India's MPGB DERI branch. The format is fixed: BKID = bank code, 0 = reserved, MG2528 = branch identifier.
Bank profile
Bank of India is among the recognised banks listed on the Reserve Bank of India's payments network. The Mpgb Deri branch — IFSC BKID0MG2528 — extends the bank's services to customers in and around Tikamgarh, Madhya Pradesh.
Branch details at a glance
| Bank Name | Bank of India |
|---|---|
| Branch | Mpgb Deri |
| IFSC Code | BKID0MG2528 |
| MICR Code | Refer to cheque leaf |
| Branch Address | VILLAGE POST DERI TEH TIKAMGARH DISTRICT TIKAMGARH 472115 |
| City | Tikamgarh |
| District | Tikamgarh |
| State | Madhya Pradesh |
| STD Code | 91 |
| Phone | 8770134968 |
Mpgb Deri branch overview
Located at VILLAGE POST DERI TEH TIKAMGARH DISTRICT TIKAMGARH 472115, the Mpgb Deri branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC BKID0MG2528 is required for all interbank electronic transfers routed through this branch.
Why every Bank of India branch has a unique IFSC
Before electronic settlement systems went live in India, money transfers between banks relied heavily on demand drafts, mail transfers and telegraphic transfers. These older instruments routinely took days to clear and were prone to misrouting because there was no single machine-readable identifier for a branch. The Reserve Bank of India solved this by issuing each participating branch — including MPGB DERI of Bank of India — its own 11-character IFSC. The code BKID0MG2528 is therefore not just an internal reference; it is the digital postcode that lets the RBI's NEFT, RTGS and IMPS rails route funds straight to the right branch ledger without any human intervention.
Today, almost every salary credit, vendor payment, refund and EMI deduction in the country flows through this network, which is exactly why a correct IFSC matters so much. A wrong character can either bounce the transfer or send it to the wrong branch, and reversing such a credit is a manual, time-consuming process. Treat IFSC BKID0MG2528 the same way you would treat your account number — verify it once and save it carefully for future use.
Account types you can open at the Mpgb Deri branch
Once you have an account at Bank of India – MPGB DERI, the IFSC BKID0MG2528 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 Deri branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 91-8770134968.
- 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 BKID0MG2528
How to transfer money using IFSC BKID0MG2528
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 BKID0MG2528 across all three.
NEFT to Bank of India, MPGB DERI using IFSC BKID0MG2528
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 BKID0MG2528, and confirm that the system picks up Bank of India – MPGB DERI. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
RTGS transfers via IFSC BKID0MG2528
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 DERI, ensure your bank's portal accepts IFSC BKID0MG2528 while registering the beneficiary. RTGS is also available 24x7.
IMPS to Bank of India MPGB DERI (IFSC BKID0MG2528)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC BKID0MG2528 in your mobile or internet banking app, and the money is credited to the MPGB DERI branch account within seconds.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC BKID0MG2528 for Bank of India – MPGB DERI, 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 – BKID0MG2528 | Yes – BKID0MG2528 | Yes – BKID0MG2528 |
For most retail customers crediting the Mpgb Deri 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 DERI branch, the IFSC BKID0MG2528 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.
Online banking and IFSC BKID0MG2528
Bank of India customers can register for net banking and the bank's official mobile app once their account at the MPGB DERI 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 BKID0MG2528 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.
MICR & cheque-truncation details
Cheques drawn on the Mpgb Deri branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC BKID0MG2528 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
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 DERI:
- The IFSC is exactly BKID0MG2528 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 DERI 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 Deri branch sits at VILLAGE POST DERI TEH TIKAMGARH DISTRICT TIKAMGARH 472115. If you are travelling from outside Tikamgarh, search for the branch on a maps application using the bank name and locality, or call 91-8770134968 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 BKID0MG2528 and your account number.
Other ways to verify the IFSC code
While this page already lists the verified IFSC BKID0MG2528 for Bank of India – MPGB DERI, 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 banking hours and holidays
Indian bank branches typically operate from 10:00 AM to 4:00 PM, Monday to Friday, and from 10:00 AM to 2:00 PM on working Saturdays (usually the 1st, 3rd and 5th Saturdays). The Mpgb Deri branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC BKID0MG2528, however, work 24x7.
Branch address & contact
Bank of IndiaMpgb Deri Branch
VILLAGE POST DERI TEH TIKAMGARH DISTRICT TIKAMGARH 472115
Tikamgarh, Madhya Pradesh
Phone: 91-8770134968
IFSC: BKID0MG2528
Frequently asked questions
How do I add Bank of India Mpgb Deri as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC BKID0MG2528, and complete OTP verification. Once activated, you can transfer funds at any time.
Is IFSC BKID0MG2528 the same for all accounts at Mpgb Deri branch?
Yes. The IFSC BKID0MG2528 is shared by every account held at Bank of India's Mpgb Deri branch. Only the account number changes from customer to customer.
Is IFSC BKID0MG2528 valid for NEFT and RTGS?
Yes. IFSC BKID0MG2528 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
How quickly will an NEFT transfer using BKID0MG2528 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Bank of India – Mpgb Deri reflect within 30 minutes.
Can I use IFSC BKID0MG2528 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC BKID0MG2528 to send funds instantly.
Where is Bank of India Mpgb Deri branch located?
Bank of India's Mpgb Deri branch is located at VILLAGE POST DERI TEH TIKAMGARH DISTRICT TIKAMGARH 472115, Tikamgarh, Madhya Pradesh.
What is the phone number of Bank of India Mpgb Deri branch?
You can reach the branch at 91-8770134968 during regular banking hours.
Final notes
To recap: BKID0MG2528 is the IFSC code of Bank of India, MPGB DERI branch, in TIKAMGARH, 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.
