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Bank of India · Raisen

BKID0MG7033: Bank of India, MPGB Naktara

IFSC code BKID0MG7033 belongs to the MPGB Naktara branch of Bank of India in Raisen, Madhya Pradesh. Its MICR code is 464653519.

IFSC
BKID0MG7033
MICR
464653519
Bank
Bank of India
Branch
MPGB Naktara
District
Raisen
State
Madhya Pradesh
Phone
+919826014007

Branch address

Bank of India
Vill Naktara Tah Raisen Distt Raisen

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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 MG7033 is the code of the MPGB Naktara branch. In the MICR code 464653519, 464 is the city, 653 the bank and 519 the branch.

Other Bank of India branches in Raisen

All 43 Bank of India branches in Raisen

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 MPGB Naktara branch (Raisen, Madhya Pradesh) is BKID0MG7033.

  2. 464653519. MICR is printed at the bottom of the branch's cheques.

  3. Vill Naktara Tah Raisen Distt Raisen

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC BKID0MG7033 with the beneficiary's account number.

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