RBI Verified CodeMALGAON DIST SANGLI, MAHARASHTRA

Bank of India

MALGAON Branch • IFSC: BKID0001601

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Branch Specifications & IFSC Data

Updated 2026
Bank NameBank of India
Branch NameMALGAON
Complete AddressMALGAONDISTRICT SANGLI
City / LocalityMALGAON DIST SANGLI
DistrictMALGAON DIST SANGLI
StateMAHARASHTRA
Contact Helpline+91 2332 000000
IFSC CodeBKID0001601
MICR Code416013540
NEFT SupportedEnabled (24x7)
RTGS SupportedEnabled (High Value)
IMPS SupportedInstant 24x7
UPI PaymentsSupported

IFSC Code Breakdown for Bank of India

The IFSC (Indian Financial System Code) for Bank of India MALGAON branch is BKID0001601. This 11-digit alphanumeric code is regulated by the Reserve Bank of India (RBI) to uniquely route digital transactions to this specific branch.

Bank IdentifierBKID

First 4 characters represent Bank of India.

Control Character0

5th character is always 0 (reserved for RBI).

Branch Code001601

Last 6 digits identify MALGAON branch.

Frequently Asked Questions (Bank of India MALGAON)

Q1.What is the IFSC code for Bank of India MALGAON branch?

The IFSC code for Bank of India MALGAON branch is BKID0001601. This code is assigned by RBI and is required for NEFT, RTGS, and IMPS electronic money transfers.

Q2.What is the address and contact number of Bank of India MALGAON?

The complete address is: MALGAONDISTRICT SANGLI, MALGAON DIST SANGLI, MAHARASHTRA. You can reach the branch at +91 2332 000000.

Q3.What is the MICR code of Bank of India MALGAON?

The MICR code for Bank of India MALGAON is 416013540. It is printed at the bottom of cheques used for magnetic ink character recognition during clearing.

Q4.Does Bank of India MALGAON support 24x7 IMPS and NEFT transfers?

Yes, electronic fund transfers including IMPS, NEFT, and RTGS with IFSC BKID0001601 are available 24x7 all year round as per Reserve Bank of India (RBI) guidelines.

Q5.How can I transfer money using IFSC code BKID0001601?

Log in to your mobile or net banking app, go to Add Beneficiary, enter the recipient name, account number, and IFSC code BKID0001601. Once validated, select IMPS, NEFT, or RTGS to execute the payment.

RBI Verification Disclaimer

Information displayed here is sourced from public Reserve Bank of India (RBI) records. While FinCrif rigorously updates branch details, IFSC, and MICR codes, please verify details with the recipient or branch before executing large-value RTGS/NEFT transfers.

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