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Indore Swayam Mahila Co-operative Bank

Indore Swayam Mahila Co-operative Bank IMPS BRANCH

+917583844450

IFSC CODE
HDFC0CISWAM
MICR Code 452240452
Branch Code CISWAM
City / District INDORE
State MAHARASHTRA
Office Address 111,NAVNEET PLAZA,1ST FLOOR,OLD PALASIYA,INDORE -452001
Phone +917583844450
📍 View Branch on Google Maps

Understanding IFSC Code: The Digital DNA of Indore Swayam Mahila Co-operative Bank

When performing any digital transaction in India, the Indian Financial System Code (IFSC) acts as a critical identifier. For the Indore Swayam Mahila Co-operative Bank IMPS branch of Indore Swayam Mahila Co-operative Bank, the code HDFC0CISWAM 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 HDFC0CISWAM 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

"HDFC" represents Indore Swayam Mahila Co-operative Bank

5th Digit

Control Character

Always '0' (Reserved for future use)

Last 6

Branch Locator

Unique code for Indore Swayam Mahila Co-operative Bank IMPS

Payment Systems Supported by HDFC0CISWAM

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—452240452—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 Indore Swayam Mahila Co-operative Bank in INDORE typically follows the RBI holiday calendar. Digital transfers via HDFC0CISWAM 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 HDFC0CISWAM is the valid code for Indore Swayam Mahila Co-operative Bank IMPS at INDORE, 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

  • • Indore Swayam Mahila Co-operative Bank IMPS Contact
  • • Address of Indore Swayam Mahila Co-operative Bank
  • • MICR Code Finder
  • • MAHARASHTRA Banking Circle

Platform Links

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