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Bank of India · Chhindwara

BKID0MG8030: Bank of India, MPGB Borgaon

IFSC code BKID0MG8030 belongs to the MPGB Borgaon branch of Bank of India in Chhindwara, Madhya Pradesh. Its MICR code is 480653506.

IFSC
BKID0MG8030
MICR
480653506
Bank
Bank of India
Branch
MPGB Borgaon
District
Chhindwara
State
Madhya Pradesh
Phone
+919993874223

Branch address

Bank of India
Postborgaon Tehsousar Distchhindwara480108

Open in a map · Pincode 480108: post offices and area

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 MG8030 is the code of the MPGB Borgaon branch. In the MICR code 480653506, 480 is the city, 653 the bank and 506 the branch.

Other Bank of India branches in Chhindwara

All 41 Bank of India branches in Chhindwara

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 Borgaon branch (Chhindwara, Madhya Pradesh) is BKID0MG8030.

  2. 480653506. MICR is printed at the bottom of the branch's cheques.

  3. Postborgaon Tehsousar Distchhindwara480108

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC BKID0MG8030 with the beneficiary's account number.

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