IFSC code for Kagal Co-operative Bank Kagal, Kagal co-operative bank kagal imps, Kagal, Maharashtra
Updated on: Tuesday, October 1, 2024
IFSC CODE
IBKL0116KCB
Kagal Co-operative Bank Kagal
Kagal Co-operative Bank Kagal Imps, Mumbai, Maharashtra
Address
Main Road Kagal Dist Kolhapur
Kagal Co-operative Bank Kagal
Kagal Co-operative Bank Kagal Imps, Mumbai, Maharashtra
Address
Main Road Kagal Dist Kolhapur
Bank Details
IFSC Code
IBKL0116KCB
MICR Code
416877000
Bank Code
(Based on IFSC)
KAGX
Bank Code
(Based on MICR)
877
Contact
+912325244036
Automate all your banking needs with a specially tailored solution for all kinds of businesses - SMEs, Startups, and Enterprises. Checkout RazorpayX Current Account.
Automate all your banking needs with a specially tailored solution for all kinds of businesses - SMEs, Startups, and Enterprises. Checkout RazorpayX Current Account.
IFSC Code of Kagal Co-operative Bank Kagal
Every Kagal Co-operative Bank Kagal branch in India has a unique Kagal Co-operative Bank Kagal IFSC Code. Kagal Co-operative Bank Kagal IFSC Code enables Kagal Co-operative Bank Kagal account holders to send and receive money electronically. Kagal Co-operative Bank Kagal 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 Kagal Co-operative Bank Kagal IFSC Code IBKL0116KCB
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 Kagal Co-operative Bank Kagal.
The fifth character is 0.
The last six digits of the code, i.e., 116KCB, represents the branch which is Kagal Co-operative Bank Kagal
Check out Razorpay products for your business
Sign up now to experience the future of payments and offer your customers the best checkout experience.
Payment Links
Accept payments instantly through SMS, WhatsApp and social media
Payment Pages
Accept payments easily with a custom-branded online store
Payment Buttons
Accept payments on your website in less than 5 minutes
Current Accounts
Add, track and clear invoices in just a few clicks.
MICR Code of Kagal Co-operative Bank Kagal
Every Kagal Co-operative Bank Kagal branch in India has a unique Kagal Co-operative Bank Kagal MICR Code. MICR code for Kagal Co-operative Bank Kagal 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 Kagal Co-operative Bank Kagal. 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.
