Mahaveer Co-operative Bank
Mahaveer Co-operative Bank IMPS BRANCH
+918312407121
Understanding IFSC Code: The Digital DNA of Mahaveer Co-operative Bank
When performing any digital transaction in India, the Indian Financial System Code
(IFSC) acts as a critical identifier. For the Mahaveer Co-operative Bank IMPS
branch of Mahaveer Co-operative Bank, the code HDFC0CTMCBL 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 HDFC0CTMCBL Code
An IFSC is an 11-character alphanumeric code. Let's break down the logic behind the code for this specific branch:
Bank Identity
"HDFC" represents Mahaveer Co-operative Bank
Control Character
Always '0' (Reserved for future use)
Branch Locator
Unique code for Mahaveer Co-operative Bank IMPS
Payment Systems Supported by HDFC0CTMCBL
| 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—590802002—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 Bank in BELGAUM typically follows the RBI holiday calendar. Digital transfers via HDFC0CTMCBL 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 HDFC0CTMCBL is the valid code for Mahaveer Co-operative Bank IMPS at BELGAUM, ensure the beneficiary name matches perfectly in your mobile banking app.
Bank Search Indexing & Metadata
Related Searches
- • Mahaveer Co-operative Bank Branch List
- • BELGAUM IFSC Codes
- • Swift Code for Mahaveer Co-operative Bank
- • Bank Holiday in MAHARASHTRA
Financial Tools
- • GST Calculator Online
- • Personal Loan EMI Calc
- • FD Interest Rates 2026
- • Currency Converter
Branch Context
- • Mahaveer Co-operative Bank IMPS Contact
- • Address of Mahaveer Co-operative Bank
- • MICR Code Finder
- • MAHARASHTRA Banking Circle
Platform Links
- • Anand Design DevBox
- • SEO Performance Hub
- • Webmaster Tools
- • IFSC Finder v2.0
INDEXING TAGS: Mahaveer Co-operative Bank HDFC0CTMCBL code, find Mahaveer Co-operative Bank IMPS branch details, Mahaveer Co-operative Bank BELGAUM contact number, MAHARASHTRA bank ifsc list, anand design banking suite, ifsc finder 2026, free bank branch locator, micr code for Mahaveer Co-operative Bank BELGAUM, online neft rtgs imps guide india, how to find ifsc code of Mahaveer Co-operative Bank.