IFSC code for Jila Sahakari Kendriya Bank Mydt Panna, Jila sahakari kendriya bank mydt panna imps, Panna, Maharashtra
Updated on: Saturday, March 1, 2025
IFSC CODE
CBIN0MPDCAX
Jila Sahakari Kendriya Bank Mydt Panna
Jila Sahakari Kendriya Bank Mydt Panna Imps, Mumbai, Maharashtra
Address
Near Scienc Colleg Infront Of Sbi Satna Road Panna M,p.
Jila Sahakari Kendriya Bank Mydt Panna
Jila Sahakari Kendriya Bank Mydt Panna Imps, Mumbai, Maharashtra
Address
Near Scienc Colleg Infront Of Sbi Satna Road Panna M,p.
Bank Details
IFSC Code
CBIN0MPDCAX
MICR Code
NA
Bank Code
(Based on IFSC)
JPAX
Bank Code
(Based on MICR)
NA
Contact
+912222612008
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IFSC Code of Jila Sahakari Kendriya Bank Mydt Panna
Every Jila Sahakari Kendriya Bank Mydt Panna branch in India has a unique Jila Sahakari Kendriya Bank Mydt Panna IFSC Code. Jila Sahakari Kendriya Bank Mydt Panna IFSC Code enables Jila Sahakari Kendriya Bank Mydt Panna account holders to send and receive money electronically. Jila Sahakari Kendriya Bank Mydt Panna 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 Jila Sahakari Kendriya Bank Mydt Panna IFSC Code CBIN0MPDCAX
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., CBIN, denotes the name of the bank which is Jila Sahakari Kendriya Bank Mydt Panna.
The fifth character is 0.
The last six digits of the code, i.e., MPDCAX, represents the branch which is Jila Sahakari Kendriya Bank Mydt Panna
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MICR Code of Jila Sahakari Kendriya Bank Mydt Panna
Every Jila Sahakari Kendriya Bank Mydt Panna branch in India has a unique Jila Sahakari Kendriya Bank Mydt Panna MICR Code. MICR code for Jila Sahakari Kendriya Bank Mydt Panna 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 Jila Sahakari Kendriya Bank Mydt Panna. 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.
