IFSC code for Kamala Co-operative Bank Solapur, Kamala co-operative bank solapur imps, Solapur, Maharashtra
Updated on: Sunday, December 1, 2024
IFSC CODE
IBKL0478KCB
Kamala Co-operative Bank Solapur
Kamala Co-operative Bank Solapur Imps, Mumbai, Maharashtra
Address
Katare Complex 14 30,raviwar Peth,gandhi Nagar,akkalkot Road,solapur Mh 413006
Kamala Co-operative Bank Solapur
Kamala Co-operative Bank Solapur Imps, Mumbai, Maharashtra
Address
Katare Complex 14 30,raviwar Peth,gandhi Nagar,akkalkot Road,solapur Mh 413006
Bank Details
IFSC Code
IBKL0478KCB
MICR Code
413605002
Bank Code
(Based on IFSC)
KAMX
Bank Code
(Based on MICR)
605
Contact
+912172370293
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IFSC Code of Kamala Co-operative Bank Solapur
Every Kamala Co-operative Bank Solapur branch in India has a unique Kamala Co-operative Bank Solapur IFSC Code. Kamala Co-operative Bank Solapur IFSC Code enables Kamala Co-operative Bank Solapur account holders to send and receive money electronically. Kamala Co-operative Bank Solapur 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 Kamala Co-operative Bank Solapur IFSC Code IBKL0478KCB
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 Kamala Co-operative Bank Solapur.
The fifth character is 0.
The last six digits of the code, i.e., 478KCB, represents the branch which is Kamala Co-operative Bank Solapur
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MICR Code of Kamala Co-operative Bank Solapur
Every Kamala Co-operative Bank Solapur branch in India has a unique Kamala Co-operative Bank Solapur MICR Code. MICR code for Kamala Co-operative Bank Solapur 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 Kamala Co-operative Bank Solapur. 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.
