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Pimpri Chinchwad Sahakari Bank Maryadit,pimpri

Pimpri Chinchwad Sahakari Bank Maryadit,pimpri IMPS BRANCH

+912027260071

IFSC CODE
IBKL0087PCS
MICR Code
Branch Code 087PCS
City / District PUNE
State MAHARASHTRA
Office Address SHAMA ARCADE, SR NO 111, MAIN ROAD, KALEWADI, NR JYOTIBA MANGAL KARYALAYA, PIMPRI 411017
Phone +912027260071
📍 View Branch on Google Maps

Understanding IFSC Code: The Digital DNA of Pimpri Chinchwad Sahakari Bank Maryadit,pimpri

When performing any digital transaction in India, the Indian Financial System Code (IFSC) acts as a critical identifier. For the Pimpri Chinchwad Sahakari Bank Maryadit,pimpri IMPS branch of Pimpri Chinchwad Sahakari Bank Maryadit,pimpri, the code IBKL0087PCS 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 IBKL0087PCS 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

"IBKL" represents Pimpri Chinchwad Sahakari Bank Maryadit,pimpri

5th Digit

Control Character

Always '0' (Reserved for future use)

Last 6

Branch Locator

Unique code for Pimpri Chinchwad Sahakari Bank Maryadit,pimpri IMPS

Payment Systems Supported by IBKL0087PCS

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 Pimpri Chinchwad Sahakari Bank Maryadit,pimpri in PUNE typically follows the RBI holiday calendar. Digital transfers via IBKL0087PCS 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 IBKL0087PCS is the valid code for Pimpri Chinchwad Sahakari Bank Maryadit,pimpri IMPS at PUNE, 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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Platform Links

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