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Bank of India · Indore

BKID0MG0447: Bank of India, Palasia

IFSC code BKID0MG0447 belongs to the Palasia branch of Bank of India in Indore, Madhya Pradesh. Its MICR code is 452653006.

IFSC
BKID0MG0447
MICR
452653006
Bank
Bank of India
Branch
Palasia
District
Indore
State
Madhya Pradesh
Phone
+917974829411

Branch address

Bank of India
MPGB 83 New Palasia

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Payment systems

SystemOn RBI's list for this branchWhat it is for
NEFTYesTransfers of any amount, settled in half-hourly batches, all day
RTGSYesLarge transfers (₹2 lakh and above), settled one by one in real time
IMPSYesInstant transfers, any time, usually for smaller amounts
UPIYesPayments by UPI ID or mobile number from apps

Reading this IFSC

BKID is Bank of India's bank code, the fifth character 0 is kept for future use, and MG0447 is the code of the Palasia branch. In the MICR code 452653006, 452 is the city, 653 the bank and 006 the branch.

Other Bank of India branches in Indore

All 88 Bank of India branches in Indore

IFSC and your loan

When you take a loan through Oxon Fintech, the lending partner (a bank or NBFC) pays the money straight into your own bank account, so the application asks for your account number and its IFSC. Check both against your passbook or cheque book: a wrong IFSC can delay the payment. Oxon never asks for your OTP, PIN, CVV or passwords.

Data: the Reserve Bank of India's list of NEFT and RTGS bank branches, as compiled by Razorpay's open-source IFSC dataset. Bank details change from time to time (branches merge, move or close); confirm the IFSC with your bank or on your cheque book before you send money. Oxon Fintech is a loan platform, not a bank, and is not linked to the banks listed.

01 FAQ

Common questions.

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  1. The IFSC of Bank of India's Palasia branch (Indore, Madhya Pradesh) is BKID0MG0447.

  2. 452653006. MICR is printed at the bottom of the branch's cheques.

  3. MPGB 83 New Palasia

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC BKID0MG0447 with the beneficiary's account number.

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