IFSC code for District Co-operative Central Bank, District co-operative central bank imps, Bidar, Maharashtra
Updated on: Sunday, December 1, 2024
IFSC CODE
KSCB0018001
District Co-operative Central Bank
District Co-operative Central Bank Imps, Mumbai, Maharashtra
Address
The District Coop Central Bank Ltd,basaveshwar Chowk,bidar 585401
District Co-operative Central Bank
District Co-operative Central Bank Imps, Mumbai, Maharashtra
Address
The District Coop Central Bank Ltd,basaveshwar Chowk,bidar 585401
Bank Details
IFSC Code
KSCB0018001
MICR Code
585867102
Bank Code
(Based on IFSC)
TDBX
Bank Code
(Based on MICR)
867
Contact
+918482226402
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IFSC Code of District Co-operative Central Bank
Every District Co-operative Central Bank branch in India has a unique District Co-operative Central Bank IFSC Code. District Co-operative Central Bank IFSC Code enables District Co-operative Central Bank account holders to send and receive money electronically. District Co-operative Central Bank 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 IFSC Code KSCB0018001
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., KSCB, denotes the name of the bank which is District Co-operative Central Bank.
The fifth character is 0.
The last six digits of the code, i.e., 018001, represents the branch which is District Co-operative Central Bank
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MICR Code of District Co-operative Central Bank
Every District Co-operative Central Bank branch in India has a unique District Co-operative Central Bank MICR Code. MICR code for District Co-operative Central Bank 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. 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.
