Bank of India, KAGAL, KOLHAPUR Branch IFSC Code

The IFSC code BKID0000958 is assigned to Bank of India, KAGAL located in KOLHAPUR, MAHARASHTRA. This code is required for electronic fund transfers like NEFT, RTGS, and IMPS transactions.

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Bank Details

Bank Name Bank of India
IFSC Code BKID0000958
Branch Code 000958
Branch KAGAL
City KOLHAPUR
District KAGAL
State MAHARASHTRA
Address BANK OF INDIA KAGAL BRANCH THE LANDMARK PLOT NO1 AKHILESH PARK KAGAL TALUKA KAGAL KOLHAPUR 416216 Maps
Contact +919271298798

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Understanding IFSC and MICR Codes

What is IFSC Code?

IFSC (Indian Financial System Code) is an 11-character alphanumeric code used to identify bank branches in India. It is essential for electronic fund transfers through NEFT, RTGS, and IMPS systems.

BKID Bank Code
0 Reserved (0)
000958 Branch Code

What is MICR Code?

MICR (Magnetic Ink Character Recognition) is a 9-digit code printed on cheques. It helps in faster processing of cheques through automated reading.

When to Use These Codes?

  • NEFT Transfer: Use IFSC code for National Electronic Funds Transfer (available 24x7)
  • RTGS Transfer: Use IFSC code for Real Time Gross Settlement (for amounts ≥ ₹2 lakhs)
  • IMPS Transfer: Use IFSC code for Immediate Payment Service (instant transfers)
  • Cheque Processing: MICR code is printed on cheques for automated clearing

Frequently Asked Questions

IFSC Code BKID0000958 is the Indian Financial System Code assigned to Bank of India, KAGAL branch in KOLHAPUR, MAHARASHTRA. This 11-character code uniquely identifies this bank branch in India's electronic payment systems.

This branch is located in KOLHAPUR, KAGAL, MAHARASHTRA. The full address is: BANK OF INDIA KAGAL BRANCH THE LANDMARK PLOT NO1 AKHILESH PARK KAGAL TALUKA KAGAL KOLHAPUR 416216

The branch code is 000958. This is the last 6 characters of the IFSC code that uniquely identifies this specific branch of Bank of India.

This branch supports the following electronic fund transfer services:

  • NEFT - Available
  • RTGS - Available
  • IMPS - Available
  • UPI - Available

To use this IFSC code for fund transfers:

  1. Log in to your bank's internet banking or mobile app
  2. Navigate to fund transfer section (NEFT/RTGS/IMPS)
  3. Enter the beneficiary's account number
  4. Enter IFSC Code: BKID0000958
  5. Verify the bank and branch details auto-populated
  6. Complete the transfer
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