Branch Details — BKID0001601
| Bank Name | Bank of India |
| Branch Name | Malgaon |
| IFSC Code | BKID0001601 |
| MICR Code | 416013540 |
| Bank Code (RBI) | BKID |
| Branch Code | 001601 |
| Address | MALGAONDISTRICT SANGLI |
| City | Dhalgaon Dist Sangli |
| District | Malgaon Dist Sangli |
| State | Maharashtra |
| Contact | +912332266631 |
| Toll Free | 1800-103-1906 |
| NEFT | ✓ Enabled — 24×7 |
| RTGS | ✓ Enabled — 24×7 |
| IMPS | ✓ Enabled — 24×7 |
| UPI | ✓ Enabled |
Transfer Methods Using BKID0001601
NEFT
Available 24×7 including holidays. Settled in 30-minute batches. No minimum. Use IFSC BKID0001601.
RTGS
Available 24×7. Minimum ₹2 lakh. Real-time gross settlement. Use IFSC BKID0001601.
IMPS
Instant 24×7, 365 days. Up to ₹5 lakh per transaction.
Frequently Asked Questions
The IFSC code is BKID0001601. This 11-character RBI-assigned code is required for NEFT, RTGS and IMPS transfers to accounts at Bank of India Malgaon branch, Dhalgaon Dist Sangli, Maharashtra.
The MICR code is 416013540. It is a 9-digit code printed at the bottom of cheques, used only for cheque clearing.
Address: MALGAONDISTRICT SANGLI. Branch timings: Monday–Friday 9:30 AM – 3:30 PM, Saturday 9:30 AM – 1:30 PM (closed 2nd/4th Saturdays).
BKID identifies Bank of India. The 5th character 0 is reserved by RBI. The last 6 characters 001601 identify the Malgaon branch.
Yes. Bank of India Malgaon Branch (IFSC: BKID0001601) is fully enabled for NEFT, RTGS, IMPS, UPI, available 24×7 including weekends and holidays.
Log in to your bank's net banking or mobile app → Fund Transfer → Add Beneficiary → enter account number and IFSC BKID0001601 → select NEFT/RTGS/IMPS → confirm with OTP.