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Mahaveer Co-operative Urban Bank

Mahaveer Co-operative Urban Bank IMPS BRANCH

+914024733187

IFSC CODE
HDFC0CMCUBL
MICR Code 500240257
Branch Code CMCUBL
City / District HYDERABAD
State MAHARASHTRA
Office Address 15-8-329/22, 2ND FLOOR, SAMUDRALA COMPLEX
Phone +914024733187
📍 View Branch on Google Maps

Understanding IFSC Code: The Digital DNA of Mahaveer Co-operative Urban Bank

When performing any digital transaction in India, the Indian Financial System Code (IFSC) acts as a critical identifier. For the Mahaveer Co-operative Urban Bank IMPS branch of Mahaveer Co-operative Urban Bank, the code HDFC0CMCUBL 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 HDFC0CMCUBL 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 Mahaveer Co-operative Urban Bank

5th Digit

Control Character

Always '0' (Reserved for future use)

Last 6

Branch Locator

Unique code for Mahaveer Co-operative Urban Bank IMPS

Payment Systems Supported by HDFC0CMCUBL

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—500240257—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 Mahaveer Co-operative Urban Bank in HYDERABAD typically follows the RBI holiday calendar. Digital transfers via HDFC0CMCUBL 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 HDFC0CMCUBL is the valid code for Mahaveer Co-operative Urban Bank IMPS at HYDERABAD, 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

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  • • MICR Code Finder
  • • MAHARASHTRA Banking Circle

Platform Links

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  • • IFSC Finder v2.0

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