IFSC code for Thane Bharat Sahakari Bank, Chandanwadi, Thane, Maharashtra
Updated on: Saturday, March 1, 2025
IFSC CODE
TBSB0000005
Thane Bharat Sahakari Bank
Chandanwadi, Thane, Maharashtra
Address
Mahesh Darshan, Near Makhali Talao, Old Mumbai-agra Road, Thane 400601
Thane Bharat Sahakari Bank
Chandanwadi, Thane, Maharashtra
Address
Mahesh Darshan, Near Makhali Talao, Old Mumbai-agra Road, Thane 400601
Bank Details
IFSC Code
TBSB0000005
MICR Code
400525005
Bank Code
(Based on IFSC)
TBSB
Bank Code
(Based on MICR)
525
Contact
+912225335237
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IFSC Code of Thane Bharat Sahakari Bank
Every Thane Bharat Sahakari Bank branch in India has a unique Thane Bharat Sahakari Bank IFSC Code. Thane Bharat Sahakari Bank IFSC Code enables Thane Bharat Sahakari Bank account holders to send and receive money electronically. Thane Bharat Sahakari 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 Thane Bharat Sahakari Bank IFSC Code TBSB0000005
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., TBSB, denotes the name of the bank which is Thane Bharat Sahakari Bank.
The fifth character is 0.
The last six digits of the code, i.e., 000005, represents the branch which is Thane Bharat Sahakari Bank
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MICR Code of Thane Bharat Sahakari Bank
Every Thane Bharat Sahakari Bank branch in India has a unique Thane Bharat Sahakari Bank MICR Code. MICR code for Thane Bharat Sahakari 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 Thane Bharat Sahakari 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.
