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Prakasam District Co-operative Central Bank

Prakasam District Co-operative Central Bank IMPS BRANCH

+918886332003

IFSC CODE
APBL0008001
MICR Code 523827002
Branch Code 008001
City / District ONGOLE
State MAHARASHTRA
Office Address THE PDCCBANK LTD, GOVERNOR ROAD , ONGOLE PIN 523001
Phone +918886332003
📍 View Branch on Google Maps

Understanding IFSC Code: The Digital DNA of Prakasam District Co-operative Central Bank

When performing any digital transaction in India, the Indian Financial System Code (IFSC) acts as a critical identifier. For the Prakasam District Co-operative Central Bank IMPS branch of Prakasam District Co-operative Central Bank, the code APBL0008001 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 APBL0008001 Code

An IFSC is an 11-character alphanumeric code. Let's break down the logic behind the code for this specific branch:

First 4

Bank Identity

"APBL" represents Prakasam District Co-operative Central Bank

5th Digit

Control Character

Always '0' (Reserved for future use)

Last 6

Branch Locator

Unique code for Prakasam District Co-operative Central Bank IMPS

Payment Systems Supported by APBL0008001

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—523827002—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 Prakasam District Co-operative Central Bank in ONGOLE typically follows the RBI holiday calendar. Digital transfers via APBL0008001 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 APBL0008001 is the valid code for Prakasam District Co-operative Central Bank IMPS at ONGOLE, ensure the beneficiary name matches perfectly in your mobile banking app.

RBI Verified NEFT Enabled RTGS 24x7

Bank Search Indexing & Metadata

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Financial Tools

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Branch Context

  • • Prakasam District Co-operative Central Bank IMPS Contact
  • • Address of Prakasam District Co-operative Central Bank
  • • MICR Code Finder
  • • MAHARASHTRA Banking Circle

Platform Links

  • • Anand Design DevBox
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  • • IFSC Finder v2.0

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