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Catholic Syrian Bank

GOVANDI BRANCH

+919072081243

IFSC CODE
CSBK0001243
MICR Code 400047039
Branch Code 001243
City / District GOVANDI
State MAHARASHTRA
Office Address GROUND FLOOR, SHOP NO 2, SUPREME ELENOR, GOVANDI STATION ROAD, DEONAR, MUMBAI 400088
Phone +919072081243
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Understanding IFSC Code: The Digital DNA of Catholic Syrian Bank

When performing any digital transaction in India, the Indian Financial System Code (IFSC) acts as a critical identifier. For the GOVANDI branch of Catholic Syrian Bank, the code CSBK0001243 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 CSBK0001243 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

"CSBK" represents Catholic Syrian Bank

5th Digit

Control Character

Always '0' (Reserved for future use)

Last 6

Branch Locator

Unique code for GOVANDI

Payment Systems Supported by CSBK0001243

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—400047039—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 Catholic Syrian Bank in GOVANDI typically follows the RBI holiday calendar. Digital transfers via CSBK0001243 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 CSBK0001243 is the valid code for GOVANDI at GOVANDI, ensure the beneficiary name matches perfectly in your mobile banking app.

RBI Verified NEFT Enabled RTGS 24x7

Bank Search Indexing & Metadata

Related Searches

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Financial Tools

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Branch Context

  • • GOVANDI Contact
  • • Address of Catholic Syrian Bank
  • • MICR Code Finder
  • • MAHARASHTRA Banking Circle

Platform Links

  • • Anand Design DevBox
  • • SEO Performance Hub
  • • Webmaster Tools
  • • IFSC Finder v2.0

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