District Co-operative Central Bank Srikakul
DISTCOOPBANKLTD SRKL CHALLAVANIPETA BRANCH
+919160018917
Related Branches
Understanding IFSC Code: The Digital DNA of District Co-operative Central Bank Srikakul
When performing any digital transaction in India, the Indian Financial System Code
(IFSC) acts as a critical identifier. For the DISTCOOPBANKLTD SRKL CHALLAVANIPETA
branch of District Co-operative Central Bank Srikakul, the code APBL0001015 ensures
that your funds are routed through the Reserve Bank of India's (RBI) structured network without manual
errors. In an era of instant payments, having the correct IFSC is as important as the account number
itself.
Anatomy of the APBL0001015 Code
An IFSC is an 11-character alphanumeric code. Let's break down the logic behind the code for this specific branch:
Bank Identity
"APBL" represents District Co-operative Central Bank Srikakul
Control Character
Always '0' (Reserved for future use)
Branch Locator
Unique code for DISTCOOPBANKLTD SRKL CHALLAVANIPETA
Payment Systems Supported by APBL0001015
| System | Transfer Limit | Processing Time |
|---|---|---|
| NEFT | No Minimum (Up to ₹50 Lakhs+) | Half-hourly batches (24x7) |
| RTGS | Minimum ₹2 Lakhs | Real-time settlement |
| IMPS | Up to ₹5 Lakhs | Instant (Mobile/P2P) |
Why do you need the MICR Code?
While IFSC is for digital transfers, the Magnetic Ink Character Recognition
(MICR) code—532852006—is primarily
used for the processing and clearance of physical cheques. This 9-digit code helps in
identifying the bank and branch during the Cheque Truncation System (CTS) cycle, making clearing
faster and error-free.
Bank Holidays & Availability
The District Co-operative Central Bank Srikakul in CHALLAVANIPETA typically follows the RBI holiday calendar. Digital transfers via APBL0001015 for NEFT/RTGS are now available 365 days a year, regardless of physical branch timings or Sunday closures.
Security Warning & Verification
Always verify the branch details before making a large payment. While APBL0001015 is the valid code for DISTCOOPBANKLTD SRKL CHALLAVANIPETA at CHALLAVANIPETA, ensure the beneficiary name matches perfectly in your mobile banking app.
Bank Search Indexing & Metadata
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Financial Tools
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Branch Context
- • DISTCOOPBANKLTD SRKL CHALLAVANIPETA Contact
- • Address of District Co-operative Central Bank Srikakul
- • MICR Code Finder
- • ANDHRA PRADESH Banking Circle
Platform Links
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- • IFSC Finder v2.0
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