IFSC code for District Co-operative Central Bank Srikakul, Distcoopbankltd srkl gara, Srikakulam, Andhra pradesh
Updated on: Tuesday, October 1, 2024
IFSC CODE
APBL0001016
District Co-operative Central Bank Srikakul
Distcoopbankltd Srkl Gara, Gara, Andhra Pradesh
Address
Gara Dccb Mdl Srikakulam 532432
District Co-operative Central Bank Srikakul
Distcoopbankltd Srkl Gara, Gara, Andhra Pradesh
Address
Gara Dccb Mdl Srikakulam 532432
Bank Details
IFSC Code
APBL0001016
MICR Code
532852007
Bank Code
(Based on IFSC)
TSDX
Bank Code
(Based on MICR)
852
Contact
+919160018935
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IFSC Code of District Co-operative Central Bank Srikakul
Every District Co-operative Central Bank Srikakul branch in India has a unique District Co-operative Central Bank Srikakul IFSC Code. District Co-operative Central Bank Srikakul IFSC Code enables District Co-operative Central Bank Srikakul account holders to send and receive money electronically. District Co-operative Central Bank Srikakul 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 District Co-operative Central Bank Srikakul IFSC Code APBL0001016
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., APBL, denotes the name of the bank which is District Co-operative Central Bank Srikakul.
The fifth character is 0.
The last six digits of the code, i.e., 001016, represents the branch which is District Co-operative Central Bank Srikakul
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MICR Code of District Co-operative Central Bank Srikakul
Every District Co-operative Central Bank Srikakul branch in India has a unique District Co-operative Central Bank Srikakul MICR Code. MICR code for District Co-operative Central Bank Srikakul 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 District Co-operative Central Bank Srikakul. 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.
