IFSC code for Sri Kannikaparameswari Co-operative Bank, Sri kannikaparameswari co-operative bank imps, Davangere, Maharashtra

Updated on: Saturday, June 1, 2024

IFSC CODE

IBKL0100SKP

Sri Kannikaparameswari Co-operative Bank

Sri Kannikaparameswari Co-operative Bank Imps, Mumbai, Maharashtra
Address

Mandipet,davangere,karnataka,577001

Sri Kannikaparameswari Co-operative Bank

Sri Kannikaparameswari Co-operative Bank Imps, Mumbai, Maharashtra

Address

Mandipet,davangere,karnataka,577001

Bank Details

IFSC Code

IBKL0100SKP

MICR Code

NA

Bank Code

(Based on IFSC)

KNNX

Bank Code

(Based on MICR)

NA

Contact

+918192257260

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IFSC Code of Sri Kannikaparameswari Co-operative Bank

Every Sri Kannikaparameswari Co-operative Bank branch in India has a unique Sri Kannikaparameswari Co-operative Bank IFSC Code. Sri Kannikaparameswari Co-operative Bank IFSC Code enables Sri Kannikaparameswari Co-operative Bank account holders to send and receive money electronically. Sri Kannikaparameswari Co-operative 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.

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Format of Sri Kannikaparameswari Co-operative Bank IFSC Code IBKL0100SKP

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 Sri Kannikaparameswari Co-operative Bank.

  • The fifth character is 0.

  • The last six digits of the code, i.e., 100SKP, represents the branch which is Sri Kannikaparameswari Co-operative Bank

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MICR Code of Sri Kannikaparameswari Co-operative Bank

Every Sri Kannikaparameswari Co-operative Bank branch in India has a unique Sri Kannikaparameswari Co-operative Bank MICR Code. MICR code for Sri Kannikaparameswari Co-operative 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 Sri Kannikaparameswari Co-operative 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.

Learn More About IFSC Code!

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