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Verified Branch

Bank of India

PALUS Branch, PALUS DIST SANGLI

IFSC Code
BKID0001615
Required for NEFT, RTGS, IMPS money transfers
MICR Code
416013546
Used in magnetic paper cheque clearing

11-Character IFSC Anatomy Breakdown

BKID Bank Code (1-4)
0 Control Zero (5th)
001615 Branch Code (6-11)

Complete Branch Details

Full Address CSNO1538 MAIN ROADAT POST PALUS TALUKA PALUS DIST SANGLI
State MAHARASHTRA
District / City PALUS DIST SANGLI
Centre / Region PALUS DIST SANGLI
Contact / Helpline +912346226154
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Electronic Transfer Capabilities & Limits

NEFT

Available 24x7

Half-hourly batch clearance

RTGS

Min. ₹2 Lakh

Real-time gross settlement

IMPS

Instant Transfer

Up to ₹5 Lakh limit

UPI / QR

1-Tap VPA

GPay, PhonePe, Paytm

How to Transfer Money to this Branch

  1. Log in to your mobile banking app or Internet Banking portal (SBI, HDFC, ICICI, etc.).
  2. Navigate to Fund Transfer → Add Beneficiary / Payee.
  3. Enter the recipient's Account Number and paste IFSC code BKID0001615.
  4. Confirm bank name displays as Bank of India and branch as PALUS.
  5. Select payment mode (IMPS for instant <₹5L, or RTGS for >₹2L) and authenticate with OTP/MPIN.

Frequently Asked Questions (BKID0001615)

What is the IFSC code of Bank of India PALUS branch?

The verified 11-digit IFSC code is BKID0001615. This unique alphanumeric code is used for routing electronic fund transfers via NEFT, RTGS, IMPS, and clearing networks across India.

Can I transfer money on Sundays and bank holidays using this IFSC code?

Yes! Under Reserve Bank of India (RBI) directives, NEFT, RTGS, IMPS, and UPI operate 24x7x365, including Sundays, second/fourth Saturdays, and public holidays. Electronic transfers will be processed automatically without branch intervention.

What is the MICR code of Bank of India PALUS?

The 9-digit Magnetic Ink Character Recognition (MICR) code is 416013546. It is printed on cheque leaves for high-speed automated sorting at RBI clearing houses.

Where is the branch located?

The official branch address is CSNO1538 MAIN ROADAT POST PALUS TALUKA PALUS DIST SANGLI, located in PALUS DIST SANGLI district, MAHARASHTRA.