It is very important to find IFSC code BKID0001601 of correct branch before initiating a NEFT or RTGS or IMPS transfer. Though all banks will have a mechanism to verify the IFSC Code, Bank Branch, Account Type and Name and any mismatch will result in failed transaction!
The best and simplest place to verify BKID0001601 IFSC code branch is the cheque book. Most banks now print IFSC Codes on the cheque books. Also, your account pass book should have the IFSC Code printed.
BKID0001601 is the IFSC Code for Malgaon branch of Bank Of India. This can be used for online funds transfer via NEFT, RTGS amd IMPS to Bank Of India account. The address of Malgaon branch is Main road, p.o. Malgaon, dist. Sangli. Pin 416407, which is located in Sangli District of Maharashtra State.
In BOI IFSC Code, the first 4 characters (BKID) represent the bank name, 5th character is 0 (ZERO), which is reserved for future use. The last 6 characters (001601) represent the Bank Of India branch code.
*The IFSC Code information presented above is for reference only. Please verify IFSC Code BKID0001601 details before initiating any transaction!