IFSC code for Central Co-operative Bank Ara, Central co-operative bank ara imps, Arrah, Maharashtra
Updated on: Wednesday, January 1, 2025
IFSC CODE
IBKL0722CCB
Central Co-operative Bank Ara
Central Co-operative Bank Ara Imps, Mumbai, Maharashtra
Address
Mangal Pandey Path, Ara, Dist Bhojpur, Bihar 802301
Central Co-operative Bank Ara
Central Co-operative Bank Ara Imps, Mumbai, Maharashtra
Address
Mangal Pandey Path, Ara, Dist Bhojpur, Bihar 802301
Bank Details
IFSC Code
IBKL0722CCB
MICR Code
NA
Bank Code
(Based on IFSC)
CRBX
Bank Code
(Based on MICR)
NA
Contact
+919708019777
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IFSC Code of Central Co-operative Bank Ara
Every Central Co-operative Bank Ara branch in India has a unique Central Co-operative Bank Ara IFSC Code. Central Co-operative Bank Ara IFSC Code enables Central Co-operative Bank Ara account holders to send and receive money electronically. Central Co-operative Bank Ara 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 Central Co-operative Bank Ara IFSC Code IBKL0722CCB
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., IBKL, denotes the name of the bank which is Central Co-operative Bank Ara.
The fifth character is 0.
The last six digits of the code, i.e., 722CCB, represents the branch which is Central Co-operative Bank Ara
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MICR Code of Central Co-operative Bank Ara
Every Central Co-operative Bank Ara branch in India has a unique Central Co-operative Bank Ara MICR Code. MICR code for Central Co-operative Bank Ara 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 Central Co-operative Bank Ara. 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.
