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Deposit Insurance and Credit Guarantee Corporation

FORT BRANCH

+912223019792

IFSC CODE
DICG0000002
MICR Code
Branch Code 000002
City / District MUMBAI
State MAHARASHTRA
Office Address COB FORT
Phone +912223019792
📍 View Branch on Google Maps

Understanding IFSC Code: The Digital DNA of Deposit Insurance and Credit Guarantee Corporation

When performing any digital transaction in India, the Indian Financial System Code (IFSC) acts as a critical identifier. For the FORT branch of Deposit Insurance and Credit Guarantee Corporation, the code DICG0000002 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 DICG0000002 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

"DICG" represents Deposit Insurance and Credit Guarantee Corporation

5th Digit

Control Character

Always '0' (Reserved for future use)

Last 6

Branch Locator

Unique code for FORT

Payment Systems Supported by DICG0000002

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——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 Deposit Insurance and Credit Guarantee Corporation in MUMBAI typically follows the RBI holiday calendar. Digital transfers via DICG0000002 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 DICG0000002 is the valid code for FORT at MUMBAI, 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

  • • FORT Contact
  • • Address of Deposit Insurance and Credit Guarantee Corporation
  • • MICR Code Finder
  • • MAHARASHTRA Banking Circle

Platform Links

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

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