IFSC code for Betul Nagrik Sahakari Bank Mydt, Betul nagrik sahakari bank mydt imps, Betul, Maharashtra
Updated on: Saturday, March 1, 2025
IFSC CODE
UTIB0SBNSBM
Betul Nagrik Sahakari Bank Mydt
Betul Nagrik Sahakari Bank Mydt Imps, Mumbai, Maharashtra
Address
College Road Civit Lines Betul 460001
Betul Nagrik Sahakari Bank Mydt
Betul Nagrik Sahakari Bank Mydt Imps, Mumbai, Maharashtra
Address
College Road Civit Lines Betul 460001
Bank Details
IFSC Code
UTIB0SBNSBM
MICR Code
460835001
Bank Code
(Based on IFSC)
BNBX
Bank Code
(Based on MICR)
835
Contact
+917141234470
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IFSC Code of Betul Nagrik Sahakari Bank Mydt
Every Betul Nagrik Sahakari Bank Mydt branch in India has a unique Betul Nagrik Sahakari Bank Mydt IFSC Code. Betul Nagrik Sahakari Bank Mydt IFSC Code enables Betul Nagrik Sahakari Bank Mydt account holders to send and receive money electronically. Betul Nagrik Sahakari Bank Mydt IFSC Code is assigned by RBI (Reserve Bank of India) to each branch as it helps in carrying out RTGS and NEFT transactions smoothly.
Benefits of IFSC Code
Unique Identification: IFSC code helps in unique identification of all banks and their respective branches.
Smooth Fund Transfer: IFSC code enables convenient and hassle-free transfer of funds from one bank account to another.
Monitoring Transactions: IFSC code is used by RBI to keep track of all the bank transactions. It lowers the chances of discrepancy.
Format of Betul Nagrik Sahakari Bank Mydt IFSC Code UTIB0SBNSBM
The IFSC code of all accounts in the same branch of the bank is standard. It is an 11 digit alphanumeric code.
The first four letters of the code, i.e., UTIB, denotes the name of the bank which is Betul Nagrik Sahakari Bank Mydt.
The fifth character is 0.
The last six digits of the code, i.e., SBNSBM, represents the branch which is Betul Nagrik Sahakari Bank Mydt
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MICR Code of Betul Nagrik Sahakari Bank Mydt
Every Betul Nagrik Sahakari Bank Mydt branch in India has a unique Betul Nagrik Sahakari Bank Mydt MICR Code. MICR code for Betul Nagrik Sahakari Bank Mydt can be found on a cheque leaf and bank passbook. It is a 9 digit code printed on the last line of a cheque leaf. One can also find MICR code on the website of Betul Nagrik Sahakari Bank Mydt. MICR code is used for faster and secure processing of cheques.
Benefits of MICR Code
High Level of Security: The use of magnetic ink ensures MICR characters are readable even if a document is obscured by marks.
Authentication of Docs: MICR code authenticates the originality and legality of paper based docs. in the banking system.
Faster Processing: There is no manual input and hence the processing of MICR information is fast and errors are reduced.
